Monthly and annual Salary for a Payroll Specialist in Bermuda
| Payroll Specialist, Bermuda | Data |
|---|---|
| Population | 64,000 |
| Cost of Living Index | 1.20 |
| Monthly Salary | $5,600.00 |
| Annual Salary | $67,200.00 |
| Adjusted Monthly Salary | $466,666.67 |
| Adjusted Annual Salary | $5,600,000.00 |
The estimated monthly salary for a Payroll Specialist in Bermuda is $5,600.00, with an estimated annual salary of $67,200.00.
Considering the cost of living index of 1.20, the adjusted monthly salary is $466,666.67, and the adjusted annual salary is $5,600,000.00.
Salary for a Payroll Specialist in Bermuda by Experience Level
However, the salary for a Payroll Specialist in Bermuda varies significantly between $50,400.00 and $84,000.00 per year depending on experience level and skills.
- In the early career the monthly salary of Payroll Specialists in Bermuda is approximately $4,760.00, with an annual salary of $57,120.00.
- At the median level (around 5 years of experience), Payroll Specialists in Bermuda typically earn around $5,600.00 per month, which equates to an annual salary of $67,200.00.
- For Senior Level Payroll Specialists in Bermuda the monthly salary can rise to approximately $6,440.00, with an annual salary of $77,280.00.
| Payroll Specialist, Bermuda | Years of Experience | Monthly Salary | Annual Salary |
|---|---|---|---|
| Entry Level | 0-2 | $4,200 | $50,400 |
| Early Carer | 2-5 | $4,760 | $57,120 |
| Mid-Career | 5-10 | $5,600 | $67,200 |
| Experienced | 10-20 | $6,440 | $77,280 |
| Senior | 20+ | $7,000 | $84,000 |
About the Data
The salary figures presented for a Payroll Specialist in Bermuda are calculated using reliable and authoritative data sources. We use salary benchmarks from trusted databases in the U.S. and adjust them based on localized salary factors specific to each country like in Bermuda.
These adjustments are made using data from reputable sources, including Numbeo, a global leader in cost of living data, and the World Bank, which provides comprehensive economic indicators for the Finance Sector in Bermuda.
Job Market Information for a Payroll Specialist in Bermuda
In Bermuda, a country located in the
North America, the role of a Payroll Specialist
is highly valued, especially within the country's key industries.
With a population of approximately 64,000 people,
Bermuda and a growing demand in the key industry sectory Tourism, Bermuda continues to be a hub for talent in companies like Bermuda Commercial Bank, Butterfield Bank.
- If you're looking to explore the earning potential of a Payroll Specialist in Bermuda and beyond, check out our Salary Country Rankings. This will give you a comprehensive comparison of how salaries for this role vary internationally.
- For a more in-depth understanding of the duties, responsibilities, and growth opportunities of a Payroll Specialist in Bermuda, be sure to view the full job description.
- If you're actively seeking new opportunities Bermuda, browse available jobs for Payroll Specialists and related roles.
Cityjobs.info helps Payroll Specialists connect with employers in Bermuda and around the world.
