One of the most important jobs of an HR team is finding the right person to organize the company payroll. The role of the payroll service team is to ensure that the entire workforce is paid on time. So what do companies look for in a payroll executive?
Who is the Ideal Candidate for a Payroll Job?
The majority of job listings require a payroll job applicant to have some prior knowledge of how the software works. Before you apply, familiarize yourself with the different payroll software on the market. Keep yourself up to date on the latest editions with tutorials and webinars, small commitments like this will help you net the role of your dreams. Ideally a qualification in core Human Resources is also a benefit when joining a payroll team within an organization. These qualifications combined offer an overall view of how the staff are structured and various bonuses and entitlements offered – all of this information is imperative to the good function of a payroll service.
Is it Important to learn about the Software?
Many companies seek candidates who know how to run payroll software. For a business, organizing the software structure to suit their own requirements is much cheaper than it used to be. A candidate who already has the knowledge of how to use them will have a great advantage. In Australia, for example, over 87% of employers expect candidates for payroll jobs to have some kind of payroll service software experience or qualification. Stay ahead of the game with new releases, upgrades and be able to speak about them in an interview with confidence. The company may ask you to demonstrate your knowledge on their own system, make sure you at least know the basics and don’t commit to anything on your resumé you aren’t sure of –it is bound to trip you up. Find out more informations here.
I want to work in Payroll Services what do I do next?
If you are certain you wish to work in the payroll sector early into your career, try taking the appropriate courses in school or college. Maths and economics are perfect subjects to prepare you for a career in payroll, mainly due to the computing, time keeping, salary calculations and tax duties. You will also need to be adept in tax reporting and withholding, economics will help you with this.
If you are already working and seeking a career change, there are also many options. Contact local community colleges and see if they offer payroll courses, or ask your existing employer if you can spend some time with payroll to enhance your core skills. If you take the initiative and explain how expanding your skill set will help your current employer, most will be receptive. Also many online payroll software companies offer free trial periods – take them up on it for a month and learn everything about the system prior to interviewing for your payroll job. Research, study and keeping abreast of new technologies and software will help you stand out from the rest of the applicants. Any degree or qualification in accounting or human resources will also stand you in good stead and move you up the ladder quickly, or integrate you into a more senior payroll position from the start.
Should the idea of being part of a payroll service team appeal to you, learn as much as you can – any skills you accumulate in the early stages makes you incredibly valuable to an employer, and can ensure your marketability to future employers too.
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