Teller Salary

Tellers in the United States can expect to earn an average of $11.91 per hour. Final cash compensation to Tellers varies from around $20K to approximately $31K; choice pay grades include potential for bonuses and profit sharing as high as $2K and $3K, respectively. Earnings for this group are mostly affected by the specific employer, followed by the particular city and experience level. For the most part, Tellers enjoy their work and report high levels of job satisfaction. Most Tellers survey respondents are women (77 percent). Some workers in this field — nearly one in three — are not awarded benefits. Medical coverage is reported by the larger part and dental plans are enjoyed by the greater part. This snapshot results from replies to PayScale's salary survey.

$18,438 - $39,004
$18K
$26K
$39K
MEDIAN: $25,928
10%
50%
90%

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$9.79 - $14.56
$9
$12
$15
MEDIAN: $11.91
10%
50%
90%

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$0$39K
Salary $18,438 - $39,004
Bonus $148.30 - $1,987
Profit Sharing $187.40 - $3,041
Commission $97.14 - $1,227
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$20,353 - $31,176
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 318
Hourly Data $0$21
Hourly Rate $9.79 - $14.56
Hourly Tips $3.06
Overtime $14.22 - $21.25
Annual Data $0$31K
Bonus $148.30 - $1,987
Commission $97.14 - $1,227
Profit Sharing $187.40 - $3,041
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$20,353 - $31,176
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 3,371

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Teller

A teller interacts with bank customers in tasks such as processing account transactions, making individualized banking recommendations, issuing money orders, and maintaining precise monetary balances. Tellers' responsibilities vary based on the bank's size and policies. These positions require a high level of customer interaction, as they serve as the most frequent interpersonal connection with customers. Tellers may also interact with customers by telephone.

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Teller Tasks

  • Conduct financial transactions for customers, such as deposits and withdrawals.
  • Provide customers with information regarding personal and business accounts, as well products offered by the bank.
  • Ensure security of all transactions and of cash supply.

Common Career Paths for Teller


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Tellers who transition into a Banking Branch Manager role may receive large pay increases as the latter position pays an average $52K per year. More often than not, a Bank Teller role is the next step for Tellers moving up in the field. Pay for Bank Tellers is usually $22K. Many Tellers choose to take on a Personal Banker role instead, where salaries are typically $35K.

Teller Job Listings

Popular Employer Salaries for Teller


Wells Fargo Bank, Bank of America Corp. (BOFA), Chase Bank, The PNC Financial Services Group, Inc., and U.S. Bank are some prominent firms with considerable interest in employing a large team of Tellers. Although the highest salaries can be found at Citibank where median pay is $30K, there is little variation in compensation; paychecks are spread only between $27K and $35K. Other big spenders include Bank of America Corp. (BOFA), TD Bank, N.A., and Capital One Financial Corp, top-paying firms where Tellers see paychecks nearing $28K, $27K, or $27K.

The lowest salaries can be found at The PNC Financial Services Group, Inc. — median pay is $21K — and there is little variation in compensation, with paychecks starting at $19K and only reaching $27K. Workers at Bbva Compass, U.S. Bank, and Regions Bank also face smaller salaries than the rest of the field — average earnings for these employers come to $22K, $23K, and $24K respectively.

Popular Skills for Teller


Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Operations Management, Account Sales, Customer Relationship Management, and Spanish Language are correlated to pay that is above average. Skills that seem to negatively impact pay include teller, Bilingual, and Customer Service Metrics. The majority of those who know Cash Handling also know Banking.

Pay by Experience Level for Teller

Pay by Experience for a Teller has a positive trend. An entry-level Teller with less than 5 years of experience can expect to earn an average total compensation of $24,000 based on 2,955 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Teller with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $26,000 based on 608 salaries. An experienced Teller which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $27,000 based on 361 salaries. A Teller with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $29,000 based on 121 salaries.

Pay Difference by Location

National Average: $24,990

Larger city markers indicate a job is popular in that location.

For those looking to make money, Tellers in San Francisco enjoy an exceptional pay rate, 16 percent above the national average. Tellers will also find cushy salaries in New York (+15 percent), Jacksonville (+8 percent), Los Angeles (+8 percent), and Philadelphia (+5 percent). Those in the field find the lowest salaries in St. Louis, 11 percent below the national average. Employers also pay below the national average in Orlando (6 percent lower) and Houston (3 percent lower).

Teller Reviews

Q: What is it like working as a Teller?

Teller in New York:
"Great when busy and things to do. Terribly boring during "Do."
Pros: Loved working with people and meeting new people.
Cons: Management and supervisors were not very personable. Training was lacking in certain areas. New employees are left to Figure a lot of things out and often are not made aware of these things until being written up for it.

Teller in Honolulu:
"Overwhelming."
Pros: How the company makes you feel important.
Cons: More time for one on one training before being on your own.

Teller in Corry:
"Fulfilling but demanding and harder than you think...a lot t."
Pros: Interaction with people, helping members and changing member lives hopefully for the good.
Cons: Working with people who don't feel the same way. Watching other co workers not care or work. Feeling like you are not appreciated and not being compensated for what I do.

Teller in St. Louis:
"It's more work than just customer interaction."
Pros: The people.
Cons: Tellers get paid the least but do a lot of work.

Teller in Rochester:
"The Day In The Life."
Pros: The customers are very polite, the team I work with are very knowledgable.
Cons: The people at my job lives are very destructive and get the best of them and sometimes I have to work harder.

Teller in Lebanon:
"Conclusion."
Pros: Flexibility and the people.
Cons: Pay sucks, short handed.

Teller in Dayton:
"Typing."
Pros: Occasionally I get to help someone solve a legitimate problem. Otherwise, I like the puzzle-like nature of setting up electronic transfers, etc.
Cons: Cashing checks for angry people.

Related Job Salaries

Key Stats for Teller

Gender

Female
77 %
Male
23 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 453 votes.
Less than 1 year
16%
1-4 years
58%
5-9 years
13%
10-19 years
9%
20 years or more
3%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Teller Salaries

▲16%

▲9%

▲3%

National Average
$25,000

▼3%

Skills That Affect Teller Salaries

Operations Management
▲19%

Account Sales
▲8%


Customer Relationship Management (CRM)
▲1%

▼0%


▼0%

Microsoft Office
▼0%

Cash Flow Management
▼0%

National Average
$25,000

Cash Handling
▼1%

Customer Service
▼1%

Accounting
▼3%

Customer Service Metrics
▼4%

Bilingual
▼5%

teller
▼6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 453 votes.

Gender

Female
77 %
Male
23 %

Years of Experience

Less than 1 year
16%
1-4 years
58%
5-9 years
13%
10-19 years
9%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 56%
vision benefits
Vision: 49%
no benefits
None: 32%
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