Home > Salary > Sri Lanka > Payroll Specialist
A payroll specialist is responsible for managing and processing employee payrolls within an organization. They ensure accurate calculation of wages, salaries, deductions, and taxes, while also maintaining payroll records and resolving any discrepancies or issues that may arise. Additionally, they may assist in preparing financial reports related to payroll expenses and provide support during audits or compliance reviews.
This role requires strong attention to detail, as well as knowledge of payroll laws, regulations, and best practices. Payroll specialists must also possess excellent organizational and time management skills to meet deadlines and handle multiple tasks simultaneously. Effective communication and problem-solving abilities are essential when addressing payroll inquiries and collaborating with other departments.
Estimated Yearly Salary: 1,601,043 LKR
Estimated Monthly Salary: 133,420 LKR
Estimated Weekly Salary: 30,789 LKR per week
Estimated Hourly Salary: 770 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 129,084 LKR
Estimated Weekly Salary: 29,789 LKR per week
Estimated Hourly Salary: 745 LKR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 4,616 USD
Estimated Monthly Salary: 385 USD
Estimated Weekly Salary: 89 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 1,601,043 LKR
Estimated Monthly Salary: 133,420 LKR
Estimated Weekly Salary: 30,789 LKR per week
Estimated Hourly Salary: 770 LKR per hour
By working as Payroll Specialist a person can save up to 160 USD per month or 1,923 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 Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Payroll Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Medical histotechnologist (2,164,239 LKR per year, pre-tax.)
Associate professor of physics (2,257,763 LKR per year, pre-tax.)
Lead generation director (2,760,357 LKR per year, pre-tax.)
Tire mounter (910,342 LKR per year, pre-tax.)
Entrepreneur (2,673,635 LKR per year, pre-tax.)
Payroll Specialist salary in Sri Lanka
Average Yearly Salary of Payroll Specialist in Sri Lanka is approximately 1,601,043 LKR (4,616 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 Specialist do?

Skills: Payroll processing, Payroll management, Payroll administration, Payroll compliance, Payroll records, Payroll reporting.
Job industry: Human resources
Job industry: Human resources
How much does Payroll Specialist make?
Salary details
How much does Payroll Specialist make?Estimated Yearly Salary: 1,601,043 LKR
Estimated Monthly Salary: 133,420 LKR
Estimated Weekly Salary: 30,789 LKR per week
Estimated Hourly Salary: 770 LKR per hour
Comparing salary to last year:
Estimated Yearly Salary: 1,549,008 LKREstimated Monthly Salary: 129,084 LKR
Estimated Weekly Salary: 29,789 LKR per week
Estimated Hourly Salary: 745 LKR per hour
Payroll Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,616 USD
Estimated Monthly Salary: 385 USD
Estimated Weekly Salary: 89 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Payroll Specialist job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Payroll Specialist in Sri Lanka earns on average:
0.9 times the average salary (or 90% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Payroll Specialist job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Payroll Specialist in Sri Lanka earns on average:
0.9 times the average salary (or 90% of average salary).
Is Payroll Specialist a well paid job?
Yes, our data show that Payroll Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Payroll Specialist?
High salary for Payroll Specialist would be somewhere between 1,761,147 LKR and 2,321,512 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Payroll Specialist in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 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: 1,601,043 LKR
Estimated Monthly Salary: 133,420 LKR
Estimated Weekly Salary: 30,789 LKR per week
Estimated Hourly Salary: 770 LKR per hour
By working as Payroll Specialist a person can save up to 160 USD per month or 1,923 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 Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. 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 Specialist
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Random salary:
Medical histotechnologist (2,164,239 LKR per year, pre-tax.)
Associate professor of physics (2,257,763 LKR per year, pre-tax.)
Lead generation director (2,760,357 LKR per year, pre-tax.)
Tire mounter (910,342 LKR per year, pre-tax.)
Entrepreneur (2,673,635 LKR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.

Salary information displayed on this site is informational only.
The salary data on this site is designed for informational purposes exclusively. We offer salary insights derived from multiple sources, but cannot guarantee complete precision. Users should always verify salary details with other reliable sources before making career-related decisions. Fluctuations in salary figures may arise due to several circumstances, including company policies, market demand, and individual skills. We do not extend any warranty regarding the entirety of the provided salary data. Use of optisalary.com implies acceptance of these terms.
By visiting this website, you acknowledge that salary details are not definitive.