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Payroll and Timekeeping Clerk Salary in the Industry of Direct Insurance (except Life, Health, and Medical) Carriers

The salary statistics and trend of payroll and timekeeping clerks in the industry of direct insurance (except life, health, and medical) carriers are shown in the following tables and chart. In Table 3 we compare payroll and timekeeping clerk salaries in different industries within the finance and insurance sector.

Table 1. Average Annual Salary

Percentile BracketAverage Annual Salary
10th Percentile Wage
$31,930
25th Percentile Wage
$39,250
50th Percentile Wage
$47,300
75th Percentile Wage
$56,700
90th Percentile Wage
$65,320

Table 1 shows the average annual salaries for payroll and timekeeping clerks in the industry of direct insurance (except life, health, and medical) carriers. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) payroll and timekeeping clerks is $65,320. The median annual salary (50th percentile) is $47,300. The average annual salary for the bottom 10 percent payroll and timekeeping clerks is $31,930.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of payroll and timekeeping clerks in the industry of Direct Insurance (except Life, Health, and Medical) Carriers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$47,300
4.00% 14.00%
2016
$45,410
1.26% -
2015
$44,840
6.18% -
2014
$42,070
0.93% -
2013
$41,680
2.40% -
2012
$40,680
- -

Table 3. Compare Payroll and Timekeeping Clerk Salary in Different Industries within the Finance and Insurance Sector