If you’re considering a career in accounting and payroll administration, one of the biggest questions on your mind is, “How much can I earn?” Well, you’re in the right place!
This guide will give you a detailed breakdown accounting and payroll administrator salary in Canada, including factors that affect earnings, job outlook, and career growth opportunities.
Let’s dive in!
Table of Contents
What Does an Accounting and Payroll Administrator Do?
Before discussing salaries, let’s understand the role. Accounting and payroll administrators handle key financial tasks, including:
- Recording financial transactions and ensuring accuracy.
- Calculating employee salaries, deductions, and benefits.
- Filing payroll taxes and staying updated with regulations.
- Preparing payroll summaries and financial statements.
- Managing bonuses, commissions, and vacation pay.
Since every company needs payroll and accounting professionals, this career is in high demand across Canada!
Accounting and Payroll Administrator Salary in Canada
The accounting and payroll administrator salary combines role and responsibilities of the both field, thus offering a diverse career path and stable earnings.
Average Salary: $57,585 per year
Entry-Level Salary: Around $45,000 per year
Experienced Professionals: Can earn up to $75,000 per year
(Source: Glassdoor)
Factors That Influence Accountant and Payroll Administrator Salary
Accountants and payroll administrator salary in Canada depend on several factors. If you’re wondering why some professionals earn more than others, here’s what influences their pay:
1. Experience Level
Like in most professions, experience plays a major role in salary growth.
- Entry-Level (0-2 years) – Expect salaries around $45,000–$55,000.
- Mid-Level (3-5 years) – Salaries range from $55,000–$70,000.
- Senior-Level (6+ years) – Earnings can exceed $80,000, especially in managerial positions.
Tip: Gaining experience through internships or co-op programs can help boost your starting salary!
Related: An Ultimate Guide to High-Paying Accounting and Payroll Jobs in Canada
2. Location & Cost of Living
Accounting and payroll administrator salary vary by location and city. Larger cities tend to offer higher pay but also have higher living costs.
Tip: If you’re open to relocation, consider moving to provinces like Ontario, where salaries are above average.
3. Industry & Company Size
Your employer type also affects how much you earn.
- Large Corporations & Government Jobs – Offer higher salaries and better benefits.
- Small Businesses & Startups – May pay slightly less but provide faster career growth.
- Non-Profit Organizations – Offer stable salaries but may have limited budgets.
4. Education & Certifications
Higher education and professional certifications can significantly increase salary potential. Certification like Payroll Compliance Practitioner (PCP) can boost payroll salaries by 10-15%.
At BizTech College, our specializedAccounting and Payroll Administrator Diploma Program is designed to give you the skills, knowledge, and hands-on training needed to excel in the industry.
Plus, with dedicated PCP certification preparation, you’ll be job-ready and confident to secure high-paying opportunities in payroll and accounting.
5. Demand & Job Market Trends
The demand for accounting and payroll professionals is increasing as businesses expand.
Job Outlook: According to Randstad reports, this field is expected to grow by 7% in the next 5 years, creating more opportunities for higher salaries.
Tip: Staying updated with the latest accounting software and automation tools can help you stay competitive and increase your earning potential.
Final Thoughts
If you’re planning a career in this field, keep these factors in mind. Education, location, experience, and industry all play a role in determining salary of accounting and payroll administrator.
Therefore, by gaining experience and earning relevant certifications, you can increase your income and advance in your career!
Explore our insightful blogs on accounting and payroll curated by our industry experts.
Frequently Asked Questions (FAQs)
1. What is the average salary of a payroll administrator in Canada?
The average salary is around $60,000 per year, but experienced professionals can earn up to $81,644.
2. Do payroll administrators earn more than accountants?
Payroll administrators and accountants earn similar salaries, but accountants may have higher earning potential with additional certifications like PCP.
3. Which locations offer the highest payroll salaries in Canada?
Ontario offer above-average salaries, with payroll professionals earning $32+ per hour.
4. What is the best certification for payroll administrators?
The Certified Payroll Compliance Practitioner (PCP) is highly recommended and can boost your salary and job opportunities.
5. Is accounting and payroll administration a good career choice in Canada?
Absolutely! It’s a high-demand field with great job stability and career growth opportunities.