Payroll and Benefits Administrators

(NOC 1432)
+14.92%
 

Outlook

These statistics are for the career category Finance and Insurance Clerks, Payroll Clerks.

Retirements will be the main source of job openings in this occupation. Moreover, the retirement rate for this occupation will be high over the 2011-2020 period, exceeding the average retirement rate for all occupations. This is primarily due to the fact that workers in this occupation retire relatively early. The number of new jobs created as a result of economic activity (expansion demand) will be relatively low over this period compared with the number of new jobs created in the previous ten years. The relative weakness in employment growth over the 2011-2020 period is primarily due to weaker economic activity, which leads to weaker demand for administrative personnel.

New graduates will make up the majority of job seekers over the 2011-2020 period. In addition, a fairly significant number of job seekers in this occupation will come from occupational mobility. This mobility is due to the relatively high wages (compared to other administrative services occupations) and to task specialization, which attract secretaries, recorders and transcriptionists and general clerical workers to this occupation.

Job Seekers: 145,970
Job Openings: 138,983

Job prospects for this career are rated Limited

Last Updated: May 20, 2012