Payroll Benefits Team Lead salary in Colombia

Average Yearly Salary of Payroll Benefits Team Lead in Colombia is approximately 36,884,482 COP (8,138 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Payroll Benefits Team Lead do?

The occupation of a Payroll Benefits Team Lead involves managing a team responsible for processing employee payroll and administering benefits. This role requires strong leadership skills to oversee the team's day-to-day activities, ensuring accurate and timely processing of payroll, tax deductions, and benefit enrollments. The Payroll Benefits Team Lead collaborates with HR and finance departments to ensure compliance with company policies and legal requirements. They analyze and resolve complex payroll issues, provide guidance on benefit programs, and maintain accurate employee records. Additionally, they may be responsible for implementing process improvements, training team members, and staying updated on payroll and benefits regulations.

Skills: Payroll, Benefits, Team Lead, Human Resources, Compliance, Leadership
Job industry: Human resources

How much does Payroll Benefits Team Lead make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Payroll Benefits Team Lead a well paid job?

Yes, our data shows that Payroll Benefits Team Lead is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Payroll Benefits Team Lead?

High salary for Payroll Benefits Team Lead would be somewhere between 40,572,930 COP and 53,482,499 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Payroll Benefits Team Lead in Colombia?

Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 36,884,482 COP
Estimated Monthly Salary: 3,073,707 COP
Estimated Weekly Salary: 709,317 COP per week
Estimated Hourly Salary: 17,733 COP per hour
By working as Payroll Benefits Team Lead a person can save up to 418 USD per month or 5,013 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Colombia, see costs of living in Colombia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Payroll Benefits Team Lead

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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