Do you think a bookkeeper should receive a salary adjustment for taking on payroll responsibilities, or is payroll simply part of a bookkeeper’s role?
I’ve been in my position for two years, and when I was hired, my job description focused solely on accounts payable, credit card reconciliation, and assisting with invoicing for a few grants. Recently, my boss asked me to take over payroll from HR. I realize now that I missed the opportunity to negotiate a pay raise when I accepted this new responsibility, particularly since payroll is often seen as a challenging task that not many people want to handle. I had assumed that I would receive a larger salary increase during this review cycle, but that hasn’t happened.
I’m trying to determine if payroll duties are significant enough to merit a pay adjustment in general Accounting terms. I’m still performing all my original tasks, but now I’m also responsible for managing the entire payroll process and handling all benefit and salary changes for our organization of 140 employees.
I’ve learned that my job description needs updating to include payroll, and before that happens, I want to consider how to approach my boss about the adjustment. Am I justified in seeking additional compensation for taking on these new duties? I appreciate any insights from professionals in the Accounting field. Thank you!
One response
It’s completely understandable to feel that your responsibilities deserve a corresponding adjustment in compensation, especially since payroll can be a complex and time-consuming task that carries significant responsibility.
In most organizations, payroll is a specialized function that may warrant a different pay scale due to the expertise, accuracy, and accountability required. Given that your initial job description did not include payroll duties, you have a valid case for discussing a wage adjustment.
When approaching your boss, consider the following points:
Market Comparison: Research what other bookkeepers or payroll processors in similar organizations are earning. This data can help support your case for a salary adjustment.
Increased Responsibilities: Highlight the additional workload you’re managing now, emphasizing that you are still fulfilling your original duties while taking on payroll.
Skill Set: Point out any new skills you’ve acquired or enhanced as a result of managing payroll, as this adds value to your role.
Job Description Update: Since the job description is being revised to include payroll, frame this as an opportunity for discussion about how your compensation should align with your expanded role.
Express Your Commitment: Reiterate your enthusiasm for your position and your commitment to the organization, making it clear that you want to continue contributing positively while feeling adequately compensated.
It’s important to approach the conversation professionally and respectfully, and to be prepared to advocate for your worth based on the additional responsibilities you’ve taken on. Good luck!