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Payroll Directors

Employment Prospects

Employers

As company payrolls and systems become increasingly complex and sophisticated, more and more businesses and companies have or will develop a position as a payroll director. However, increasingly, companies are moving towards outsourcing payroll functions as a cost saving strategy. In those companies where payroll is outsourced, there is likely still an individual within the organization designated as payroll director to assure the proper implementation of the payroll service. As such, the prospects for employment as a payroll director is good, though limited by the number of operating businesses, organizations, and companies. Thus, when the business economy is prosperous, there are more available jobs as a payroll director. Employment prospects are best for those who have more extensive experience, and an advanced degree in business or finance. As payroll directors serve at the executive level, there is likely only one position in each company, making the directorship a highly sought after job, with strong competition and many applicants for a somewhat limited number of positions.

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