The annual salary statistics of payroll and timekeeping clerks in Albany-Schenectady-Troy, New York is shown in Table 1. The wage data of payroll and timekeeping clerks in Albany-Schenectady-Troy is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $37,940 |
| 25th Percentile Wage | $43,630 |
| 50th Percentile Wage | $50,040 |
| 75th Percentile Wage | $61,870 |
| 90th Percentile Wage | $68,310 |
Table 1 shows the average annual salary for payroll and timekeeping clerks in Albany-Schenectady-Troy, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $68,310. The median (50th percentile) annual salary is $50,040. The average annual salary for the bottom 10 percent earners is $37,940.
The table and chart below show the trend of the median salary of payroll and timekeeping clerks from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $50,040 | 4.14% | 21.48% |
| 2021 | $47,970 | -0.90% | - |
| 2020 | $48,400 | 3.41% | - |
| 2019 | $46,750 | -0.96% | - |
| 2018 | $47,200 | 1.80% | - |
| 2017 | $46,350 | 1.21% | - |
| 2016 | $45,790 | 1.75% | - |
| 2015 | $44,990 | 9.67% | - |
| 2014 | $40,640 | 0.76% | - |
| 2013 | $40,330 | 2.58% | - |
| 2012 | $39,290 | - | - |
From Table 3 we note that the median annual salary of $50,040 in Albany-Schenectady-Troy is in the middle of salary range for payroll and timekeeping clerks in state of New York. In comparison, the annual salary of payroll and timekeeping clerks in Albany-Schenectady-Troy is 17.7 percent (17.7%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 27.0 percent (27.0%) higher than that in the lowest paying Central New York nonmetropolitan area.