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Teller Salary

Tellers in the United States can expect to earn an average of $11.02 per hour. Overall compensation packages to Tellers range from $19K on the low end to $30K on the high end; this includes bonuses that peak near $1K and profit sharing that approaches $4K, with some high rollers snagging commissions as high as $3K. This group's pay is mainly influenced by career length, followed by the company and location. While some workers in this profession — one-third — do not have any health coverage, a majority do receive medical benefits and over one-half have dental insurance. Female Tellers make up most of the survey respondents at 76 percent. For the most part, Tellers enjoy their work and report high levels of job satisfaction. This report is based on responses to the PayScale salary survey.

$18,367 - $33,900
(Median)
$18K
$25K
$34K
MEDIAN: $24,877
10%
50%
90%

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$8.98 - $13.59
(Median)
$9
$11
$14
MEDIAN: $11.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12K$24K$36K
Salary
$18,367 - $33,900  
   
Bonus
$0.00 - $1,028  
Profit Sharing
$196.53 - $4,000  
Commission
$139.62 - $2,872  
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).
)
$18,774 - $29,516  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 453
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$7$14$21
Hourly Rate
$8.98 - $13.59  
   
Hourly Tips
$0.03 - $2.89  
Overtime
$11.95 - $20.33  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14K$28K$42K
Bonus
$0.00 - $1,028  
   
Commission
$139.62 - $2,872  
Profit Sharing
$196.53 - $4,000  
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).
)
$18,774 - $29,516  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 4,085

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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

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

Common Career Paths for Teller


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For Tellers, progressing to a Banking Branch Manager role may result in a significant raise. On average, a Banking Branch Manager can earn $51K annually. Going from Teller to Bank Teller is the transition that occurs most often in this field, and the average paycheck for Bank Tellers is $22K. Many others choose to work as Personal Bankers, where pay is typically $35K.

Bank Teller Job Listings

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Popular Employer Salaries for Teller


Leading companies who hire large numbers of Tellers include Wells Fargo Bank, Bank of America Corp. (BOFA), The PNC Financial Services Group, Inc., Chase Bank, and J.P. Morgan Chase & Co. (JPMCC). Although Citibank boasts the highest average salary in town at $27K, employee compensation still varies greatly — workers can make as little as $17K or as much as $34K. Other leaders in compensation levels are Capital One Financial Corp at $25K, Bank of America Corp. (BOFA) at $25K, and BB&T Corp., where Tellers annually earn $25K.

Not only do salaries lack room to grow — pay ranges from $19K to just $25K — but The PNC Financial Services Group, Inc. offers the lowest pay in town to boot, with a median paycheck of $21K. Workers also receive paychecks lighter than average at Regions Bank ($21K), U.S. Bank ($23K), and Bbva Compass ($23K).

Popular Skills for Teller


Tellers report using a pretty varied skill set on the job. Most notably, skills in Account Sales, Bilingual, Customer Relationship Management, and Accounting are correlated to pay that is above average, with boosts between 5 percent and 18 percent. Most people skilled in Cash Handling are similarly competent in Banking.

Pay by Experience Level for Teller

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Tellers, more experience in the field does not usually mean bigger paychecks. The average inexperienced worker earns $23K, and someone who has worked for five to 10 years can expect a bigger median salary of $25K. The average pay reported by folks with 10 to 20 years of experience is around $26K. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $28K.

Pay Difference by Location


With a pay rate for Tellers that is 15 percent greater than the national average, Washington offers a comfortable salary for those in this profession. Tellers will also find cushy salaries in San Jose (+13 percent), New York (+13 percent), Atlanta (+11 percent), and Orlando (+6 percent). Oklahoma City ranks last in the field for pay, reporting salaries 7 percent below the national average.

Teller Reviews

What is it like working as a Teller?

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

United States (change)

Experience Affects Teller Salaries




National Average
$23,000


Skills That Affect Teller Salaries

Account Sales
up arrow 18%

Bilingual
up arrow 9%

Customer Relationship Management (CRM)
up arrow 5%

Spanish Language
up arrow 4%

Accounting
up arrow 4%

Banking
up arrow 2%

Sales
up arrow 2%

Cash Handling
up arrow 1%

Customer Relations
up arrow 1%

Customer Service
0%

National Average
$23,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 627 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
17%
1-4 years
56%
5-9 years
16%
10-19 years
8%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 63% dental benefits Dental: 55%
vision benefits Vision: 45% employee benefits None: 34%