Career and Education Opportunities for Payroll Bookkeepers in Louisville, Kentucky
For those living in the Louisville, Kentucky area, there are many career and education opportunities for payroll bookkeepers. There are currently 2,550 working payroll bookkeepers in Kentucky; this should grow by 10% to 2,820 working payroll bookkeepers in the state by 2016. This is better than the national trend for payroll bookkeepers, which sees this job pool shrinking by about 5.2% over the next eight years. In general, payroll bookkeepers compile and post employee time and payroll data.
Income for payroll bookkeepers is about $15 hourly or $31,590 yearly on average in Kentucky. Nationally, their income is about $16 per hour or $34,810 annually. Earnings for payroll bookkeepers are better than earnings in the general category of Clerical in Kentucky and better than general Clerical category earnings nationally.
There are four schools within twenty-five miles of Louisville where you can study to be a payroll bookkeeper, among thirty schools of higher education total in the Louisville area. Payroll bookkeepers usually hold a high school diploma or GED, so you can expect to spend only a short time studying to be a payroll bookkeeper if you already have a high school diploma.
CAREER DESCRIPTION: Payroll Bookkeeper
In general, payroll bookkeepers compile and post employee time and payroll data. They also may compute employees' time worked, production, and commission.
Payroll bookkeepers inspect time sheets and other data to uncover and reconcile payroll discrepancies. They also verify attendance and pay adjustments, and post data onto designated archives. Equally important, payroll bookkeepers have to compile employee time and payroll data from time sheets and other archives. They are often called upon to issue and record adjustments to pay pertaining to previous errors or retroactive increases. They are expected to process and issue employee paychecks and statements of earnings and deductions. Finally, payroll bookkeepers compute wages and deductions, and enter data into computers.
Every day, payroll bookkeepers are expected to be able to listen to and understand others in meetings. It is also important that they write clearly and communicate well.
It is important for payroll bookkeepers to keep track of leave time, such as vacation and sick leave, for employees. They are often called upon to conduct verifications of employment. They also keep informed about changes in tax and deduction laws that apply to the payroll process. They are sometimes expected to distribute and collect timecards each pay period. Somewhat less frequently, payroll bookkeepers are also expected to ready and balance period-end reports, and reconcile issued payrolls to bank statements.
Payroll bookkeepers sometimes are asked to post relevant work hours to client files to bill clients properly. and direct special programs. And finally, they sometimes have to complete time sheets showing employees' arrival and departure times.
Like many other jobs, payroll bookkeepers must be thorough and dependable and be reliable.
Similar jobs with educational opportunities in Louisville include:
- Broker Assistant. Perform clerical duties involving the purchase or sale of securities. Duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, and keeping records of daily transactions and holdings.
- Payroll Machine Operator. Operate machines that automatically perform mathematical processes, such as addition, subtraction, and division, to calculate and record billing, accounting, and other numerical data. Duties include operating special billing machines to prepare statements, bills, and invoices, and operating bookkeeping machines to copy and post data, make computations, and compile records of transactions.
- Receptionist. Answer inquiries and obtain information for general public, customers, and other interested parties. Provide information regarding activities conducted at establishment; location of departments, offices, and employees within organization.
- Statistical Clerk. Compile and compute data according to statistical formulas for use in statistical studies. May perform actuarial computations and compile charts and graphs for use by actuaries. Includes actuarial clerks.
EDUCATIONAL OPPORTUNITIES: Payroll Bookkeeper Training
Ivy Tech Community College-South Central - Sellersburg, IN
Ivy Tech Community College-South Central, 8204 Hwy 311, Sellersburg, IN 47172-1897. Ivy Tech Community College-South Central is a small college located in Sellersburg, Indiana. It is a public school with primarily 2-year programs and has 3,826 students. Ivy Tech Community College-South Central has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated twelve and twenty-three students respectively in 2008.
Jefferson Community and Technical College - Louisville, KY
Jefferson Community and Technical College, 109 E Broadway, Louisville, KY 40202-2005. Jefferson Community and Technical College is a large college located in Louisville, Kentucky. It is a public school with primarily 2-year programs and has 15,560 students. Jefferson Community and Technical College has less than one year, one to two year, and associate's degree programs in Accounting Technology/Technician and Bookkeeping which graduated ninety-five, eight, and eight students respectively in 2008.
Spencerian College - Louisville, KY
Spencerian College, 4627 Dixie Hwy, Louisville, KY 40216. Spencerian College is a small college located in Louisville, Kentucky. It is a private for-profit school with primarily 2-year programs and has 1,250 students. Spencerian College has a one to two year program in Accounting Technology/Technician and Bookkeeping which graduated two students in 2008.
Brown Mackie College-Louisville - Louisville, KY
Brown Mackie College-Louisville, 3605 Fern Valley Road, Louisville, KY 40219. Brown Mackie College-Louisville is a small college located in Louisville, Kentucky. It is a private for-profit school with primarily 2-year programs and has 1,036 students. Brown Mackie College-Louisville has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated four students in 2008.
Fundamental Payroll Certification: The Fundamental Payroll Certification (FPC) is open to all those who wish to demonstrate a baseline of payroll competency.
For more information, see the American Payroll Association website.
LOCATION INFORMATION: Louisville, Kentucky
Louisville is located in Jefferson County, Kentucky. It has a population of over 261,624. The cost of living index in Louisville, 84, is well below the national average. New single-family homes in Louisville are priced at $74,300 on average, which is far less than the state average. In 2002, one hundred forty-six new homes were built in Louisville, down from two hundred seventy-seven the previous year.
The three most popular industries for women in Louisville are health care, educational services, and accommodation and food services. For men, it is construction, accommodation and food services, and professional, scientific, and technical services. The average travel time to work is about 20 minutes. More than 21.3% of Louisville residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 8.7%, is higher than the state average.
About 21.6% of Louisville's residents are below the poverty line, which is worse than the state average.
The percentage of Louisville residents that are affiliated with a religious congregation, 54.6%, is more than the national average but less than the state average. Audubon Church, Expressway Church and Southern Baptist Seminary are some of the churches located in Louisville. The most prominent religious groups are the Catholic Church, the Southern Baptist Convention and the United Methodist Church.
Louisville is home to the Oak Saint Yards and the Brooklawn Childrens Home as well as Central Park and Taylor Memorial Park. Visitors to Louisville can choose from The Galt House, Seelbach Hilton and Best Western Airport East for temporary stays in the area.