According to the U.S. Bureau of Labor Statistics (BLS), payroll and timekeeping clerks earned an average salary of $39,850 per year as of May 2013. This breaks down to $19.16 per hour.
Payroll clerks collect and record employee payroll data. They typically are responsible for computing time worked, production and commission. They may also compute wages and deductions and prepare employee paychecks.
The BLS states that the top paying industries for payroll clerks as of May 2013 were entertainment agents, the postal service, support activities for water transportation, oil and gas extraction and other information services. The highest paying states for this occupation were the District of Columbia, Massachusetts, Alaska, Connecticut and California.