Payroll & Benefits Coordinator

The majority of the time, the payroll and benefits coordinators are employed in the human resources department of an organisation. They are responsible for matters pertaining to the employees' pay and benefits. They assist with benefits and payroll processing. They handle electronic or computer-based timekeeping systems. If they are employed by small businesses that use a manual payroll systems they can gather and analyze employees' timesheets by hand. Modern companies use computers for payroll systems.

The job of the coordinator is to verify an accuracy in timesheets which are entered into the computer of the company. They also ensure that the timesheets are approved by managers or supervisors. They answer questions pertaining to benefits and payroll from supervisors or employees via either email or phone. They can manually reconcile certain records, however most large corporations use computers to accomplish this. Payroll and benefits coordinators might be required to create spreadsheets with different payroll information. They should provide excellent customer service when it comes to responding to inquiries. They should have exceptional writing and verbal communication skills.

Employers typically require that applicants hold a bachelor's education in the field of accounting, or related areas. However, some employers might take into consideration candidates with significant or relevant work experience instead of the degree requirement. Coordinators of benefits and payroll should be comfortable using the payroll software and benefit programs, and Microsoft Office.

As a Payroll & Benefits Coordinator in the United Kingdom with 0-3 years of experience, your main responsibilities include:

• Process payroll accurately and in a timely manner, ensuring compliance with tax and labor laws. Calculate employee wages, deductions, and benefits, and generate payroll reports.
• Administer employee benefits programs, such as healthcare, retirement plans, and leave management. Enroll employees in benefits plans, answer employee queries, and assist with claims processing.
• Maintain employee records and ensure data integrity in payroll and benefits systems. Update employee information, track leave balances, and generate employee reports.
• Assist in payroll and benefits audits, reconciliations, and reporting.

For a Payroll & Benefits Coordinator job role, the following qualifications are required:

• Extensive knowledge of payroll and benefits administration, including experience with payroll processing systems and familiarity with state and federal regulations.
• Strong attention to detail and accuracy in processing payroll data, ensuring that employee wages, taxes, and deductions are calculated correctly and paid on time.
• Excellent problem-solving skills to address payroll discrepancies, resolve employee inquiries, and effectively communicate payroll-related information to staff.
• Proficient in using payroll software and Microsoft Excel to maintain accurate payroll records, generate reports, and analyze payroll data for auditing and reporting purposes.

The Payroll & Benefits Coordinator plays a vital role in ensuring accurate payroll processing and comprehensive benefits administration. Professionals with 0-3 years of experience in the United Kingdom looking for alternative roles may consider the following options:

• HR Assistant: An opportunity to broaden expertise in various HR functions, including employee onboarding, HR policy administration, and HRIS maintenance.
• Compensation and Benefits Analyst: A role that focuses on analyzing and evaluating compensation structures and benefit programs to ensure competitive offerings and regulatory compliance.
• HRIS Administrator: A position dedicated to managing and maintaining the human resources information system, including data entry, system updates, and troubleshooting.
• Talent Acquisition Coordinator: An opportunity to support the recruitment process by coordinating interviews, maintaining applicant tracking systems, and ensuring an excellent candidate experience.

The role of Payroll & Benefits Coordinator is projected to experience steady growth in the United Kingdom job market. Over the past decade, there has been an increasing demand for professionals in this field, with a consistent rise in employment opportunities. According to recent data, this trend is expected to continue, indicating positive job prospects for Payroll & Benefits Coordinators in the future.