Payroll professionals should enjoy impressive gains in 2008

Salary forecast by Robert Half shows almost 10-per-cent increase
By Sarah Dobson
||Last Updated: 02/21/2008

Payroll professionals should be more than pleased going into 2008, with predictions of very healthy growth in base salaries.

The 2008 Salary Guide from Robert Half International shows people in payroll will see the biggest increases in base pay next year among corporate accounting and finance departments (in large companies with greater than $250 million in sales). The average starting salary is expected to rise 8.9 per cent for payroll, compared to the next highest increase, 7.6 per cent for vice-presidents of finance.