What the job costs #
Salary is the part everyone quotes and the smallest part of the decision. Here is the employment cost at the national median, using the rates in force for the 2026 to 2027 tax year.
£31,560
Median salary
ONS ASHE 2025 (provisional), SOC 4122
£36,304
Employment cost a year
Salary, employer NI and minimum pension
£21
Per hour worked
37.5 hour week, 46.4 working weeks
| Item | A year | Where it comes from |
|---|---|---|
| Median salary | £31,560 | ONS ASHE 2025 (provisional), SOC 4122 |
| Employer National Insurance | £3,984 | 15 per cent above £5,000 |
| Minimum workplace pension | £760 | 3 per cent of qualifying earnings |
| Employment cost | £36,304 | About £21 an hour on a 37.5 hour week |
Recruitment, equipment, software seats, training and cover for holiday and sickness all sit on top, and they vary too much between businesses to put a number on here.
If you want to run your own figures, the true cost of an employee tool does this with your salary, hours and on costs.
What the week is actually made of #
Here is the job as it usually runs in a business, split by whether the work follows a fixed pattern or needs a person to decide something. This split is our analysis, not a survey, and your version of the role will differ.
Runs to a pattern (6 of 12)
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Post and reconcile every bank transaction daily
Rules and bank feeds handle most of it already.
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Process sales and purchase invoices daily
Structured documents into structured fields.
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Run payroll, or prepare the data for whoever does monthly
A defined calculation with published rates.
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Maintain the fixed asset register and depreciation monthly
A schedule with a formula.
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Run credit control and the supplier payment run weekly
Age buckets and payment terms.
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Chase receipts and paperwork out of the team weekly
A reminder loop against a list of gaps.
Needs a person (6 of 12)
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Prepare and file the VAT return monthly
Treatment of edge cases is a judgement with real liability.
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Reconcile control accounts and clear the suspense account monthly
Finding out why something does not balance.
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Produce the monthly management accounts monthly
Choosing what to show and explaining the movement.
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Prepare the year end file for the accountant monthly
Knowing what the accountant will ask for.
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Tell the owner where the cash is and what is coming weekly
Interpreting the numbers for someone who will act on them.
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Keep the chart of accounts tidy and consistent monthly
Structural decisions that affect every future report.
What to do before you advertise #
The question is not whether to hire. It is what the person will be doing on a Tuesday afternoon in March. Two things are worth doing first, and both take less effort than writing the advert:
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Count the week you are about to buy
Write down the jobs this role would pick up, how long each takes and how often it happens. The cost of admin time calculator adds it up and puts a cost on it.
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Separate the pattern from the judgement
If most of the hours sit in the first list above, a hire will absorb the pressure rather than remove it, and the same pressure returns when the business grows again.
Plenty of businesses do both: automate the repeated half, then hire someone to do the half that needs a person, often part time or at a level that keeps them interested. That is a better job than the one the advert usually describes.
Where this role usually sits #
This job turns up most often in accountancy , trades and installers , lettings and property , wholesale , private clinics and care , and the admin around it looks different in each.
A note on the pay figure #
£31,560 is the median for full time employees in SOC 4122, Book-keepers, payroll managers and wages clerks, from the ONS Annual Survey of Hours and Earnings, 2025 (provisional). ONS publishes a coefficient of variation with every figure, and this one is 2.1 per cent, which ONS treats as reliable.
It is a national figure covering every employer size and region. What a specific business pays depends on where it is, how specialised the job is, and what else is on offer nearby.