SalaryNode

Average Payroll and Timekeeping Clerks Salary in San Juan-Bayamon-Caguas, PR

In the San Juan-Bayamon-Caguas, PR metropolitan area, Payroll and Timekeeping Clerks earn an average annual salary of $33,530. This figure is notably lower than the national average of $56,360, indicating regional economic factors and demand dynamics at play. The local pay scale reflects the specific economic conditions and labor market characteristics of Puerto Rico.

Executive Summary

  • Average Salary: $33,530 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $48,880.
  • Outlook: The San Juan-Bayamon-Caguas area supports a local workforce of 730 Payroll and Timekeeping Clerks. With a Location Quotient of 1.03, the concentration of these roles is slightly above the national average, suggesting a stable, albeit not rapidly expanding, demand for these essential administrative positions within the region.
2024 Market Data

Salary Overview

$33,530

The average Payroll and Timekeeping Clerks in San Juan-Bayamon-Caguas, PR earns-40.5%below the national average.

BreakdownBased on 40h/week
Hourly

$16.1

Weekly

$645

Monthly

$2,794

Payroll and Timekeeping Clerks Salary Distribution in San Juan-Bayamon-Caguas, PR

Career progression for Payroll and Timekeeping Clerks typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries significantly higher than the average. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$21,980$10.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$25,148$12.1
ManagerOversees team, compliance, and project delivery.50% (Median)$29,840$14.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$41,913$20.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$48,880$23.5

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$33,530

Gross Pay

Real Wage (Purchasing Power)

$33,530

Adjusted for COL (100)

The average annual salary of $33,530 in San Juan-Bayamon-Caguas, PR, aligns directly with the national average Cost of Living Index of 100. This means that, in terms of purchasing power, the nominal salary offers a comparable standard of living to that of the average American worker, without the added financial pressure of a higher cost of living.

Job Market Context

730

Total Jobs

1.049

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, San Juan-Bayamon-Caguas, PR has a slightly higher-than-average concentration of Payroll and Timekeeping Clerks roles compared to the national norm.

A Location Quotient of 1.03 for Payroll and Timekeeping Clerks in San Juan-Bayamon-Caguas indicates a job market that is very close to the national average in terms of concentration. This suggests a balanced supply and demand for these professionals, where the market is neither oversaturated nor experiencing a significant shortage, making it a moderately competitive environment for job seekers.

Nearby Job Markets

Nearby Cities for Payroll and Timekeeping Clerks

Comparing salaries near San Juan-Bayamon-Caguas, PR

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in San Juan-Bayamon-Caguas, PR?

The median annual salary for a Payroll and Timekeeping Clerks in San Juan-Bayamon-Caguas, PR is $33,530. This typically ranges from $21,980 for entry-level positions to $48,880 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in San Juan-Bayamon-Caguas, PR is 40.5% lower than the national median of $56,360.

Is San Juan-Bayamon-Caguas, PR a lucrative place for Payroll and Timekeeping Clerks?

No, it is not considered lucrative compared to the national average.The average salary of $33,530 is substantially lower than the national average of $56,360. While the cost of living is on par with the national average, the nominal pay does not offer a significant financial advantage.

Is San Juan-Bayamon-Caguas, PR a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in San Juan-Bayamon-Caguas, PR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near San Juan-Bayamon-Caguas, PR?

Some top paying nearby cities include Puerto Rico nonmetropolitan area ($26,740) and Ponce, PR.

How does the local workforce size impact job availability?

With 730 Payroll and Timekeeping Clerks, the local workforce size indicates a consistent need for these roles, though it doesn't suggest rapid job growth. The number is sufficient to meet regional demands without being overly saturated.

What does a Location Quotient of 1.03 mean for job seekers?

A Location Quotient of 1.03 signifies that Payroll and Timekeeping Clerks are slightly more concentrated in San Juan-Bayamon-Caguas than the national average. This suggests a stable job market with opportunities, but perhaps not an abundance of openings.

How does the Cost of Living Index affect the $33,530 salary?

With a Cost of Living Index of 100, the $33,530 salary has the same purchasing power as the national average. This means that while the salary is lower than the national average, the expenses are also comparable, mitigating some of the perceived pay disparity.

What is the national average salary for Payroll and Timekeeping Clerks?

The national average annual salary for Payroll and Timekeeping Clerks is $56,360, providing a benchmark against which local salaries can be compared.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 730 employees in the San Juan-Bayamon-Caguas, PR area with a job density of 1.049 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.