Job prospects Payroll Service Manager in New Brunswick

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Explore current and future job prospects for people working as a "payroll service manager" in New Brunswick or Canada.

Job opportunities in New Brunswick

Note: These outlooks were updated on November 29^th, 2023. Learn more about our methodology.

Prospects over the next 3 years

The employment outlook will be good for Other business services managers (NOC 10029) in New Brunswick for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to several new positions.
• Several positions will become available due to retirements.
• There are a moderate number of unemployed workers with recent experience in this occupation.

• Roles for other business services managers are diverse and are found in a variety of industries. Therefore, job prospects will be enhanced for experienced specialists and those with knowledge of the business operations specific to the hiring firm and its industry.
• Several years of experience in a supervisory position would also be an asset.
• Prospects for certain jobs may be greater in the province’s larger urban centres (Fredericton, Moncton and Saint John), where company head offices are most commonly located.

Here are some key facts about Other business services managers in New Brunswick:

• Approximately 500 people worked in this occupation in May 2021.
• Other business services managers mainly work in the following sectors:
  • Business support services (NAICS 5614): 37%
  • Other management and administrative services (NAICS 55, 56 except 5614): 10%
  • Other retail stores (NAICS 44-45, except 445): 6%
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 5%
  • Federal government public administration (NAICS 911): 5%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 93% compared to 84% for all occupations
  • Part-time workers: 7% compared to 16% for all occupations
• 88% of other business services managers work all year, while 12% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 50 weeks compared to 42 weeks for all occupations.
• 17% of other business services managers are self-employed compared to an average of 10% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 48% compared to 52% for all occupations
  • Women: 52% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 11% for all occupations
  • high school diploma or equivalent: 25% compared to 30% for all occupations
  • apprenticeship or trades certificate or diploma: 9% compared to 12% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 25% compared to 23% for all occupations
  • bachelor's degree: 28% compared to 16% for all occupations
  • university certificate, degree or diploma above bachelor level: 7% compared to 7% for all occupations

Breakdown by region

Explore job prospects in New Brunswick by economic region.

Source Labour Market Information | Prospects Methodology