Teller Salary

Pay for Tellers in the United States sits in the ballpark of $11.78 per hour. With bonuses and profit sharing proceeds each occasionally running north of $2K and a few commissions that surpass $2K, total incomes for Tellers generally vary between $20K and $31K according to individual performance. While the particular city and tenure impact pay for this group, the company is the most influential factor. Although just under a third lack health benefits of any kind, a majority do enjoy medical insurance, and the larger part get dental coverage, too. Men are in the minority of survey respondents, with female Tellers making up 77 percent. For the most part, Tellers enjoy their work and report high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.

$17,818 - $38,748
$18K
$26K
$39K
MEDIAN: $26,257
10%
50%
90%

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$9.72 - $14.36
$9
$12
$14
MEDIAN: $11.78
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13K$26K$39K
Salary
$17,818 - $38,748  
   
Bonus
$147.01 - $2,019  
Profit Sharing
$187.40 - $2,027  
Commission
$94.69 - $1,535  
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).
)
$20,211 - $30,901  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 328
© PayScale, Inc. @ www.payscale.com
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$8$16$24
Hourly Rate
$9.72 - $14.36  
   
Hourly Tips
$1.43  
Overtime
$13.62 - $21.08  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16K$32K$48K
Bonus
$147.01 - $2,019  
   
Commission
$94.69 - $1,535  
Profit Sharing
$187.40 - $2,027  
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).
)
$20,211 - $30,901  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 3,354
© PayScale, Inc. @ www.payscale.com

Find Out Exactly What You Should Be Paid

United States (change)

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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

  • 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 may experience a large salary bump if they progress into a role such as Banking Branch Manager. The latter position pays an average of $52K annually. Becoming a Bank Teller is, more often than not, the most common role that Tellers move into when they're ready for the next step in their career. A median salary for a Bank Teller is $22K. Another frequent advance is for Tellers to assume a Personal Banker role; in this role, workers often take home $35K.

Bank Teller Job Listings

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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 all popular places to work. Citibank offers the best pay with a median salary of $30K, though salaries there don't seem that varied, bottoming out near $27K and maxing out at just $35K. Bank of America Corp. (BOFA), TD Bank, N.A., and Capital One Financial Corp also offer top salaries for Tellers. Workers at these firms can expect to earn about $28K, $27K, and $27K, respectively.

Salaries are easily beat at The PNC Financial Services Group, Inc., where median pay comes to just $21K, the lowest in the field. What's more, with base pay starting at $19K and ending at $27K, range in salary is rather small. Also approaching the lower end are Bbva Compass at $22K, U.S. Bank at $23K, and Regions Bank at $24K.

Popular Skills for Teller


Survey results imply that Tellers deploy a substantial tool kit of skills at work. Most notably, skills in Operations Management, Account Sales, Customer Relationship Management, and Spanish Language are correlated to pay that is above average. At the other end of the pay range are skills like teller and Bilingual. It is often found that people who know Cash Handling are also skilled in Banking.

Pay by Experience Level for Teller

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


Tellers do not generally earn higher incomes from more experience in the field. The average inexperienced worker earns $24K, and someone who has worked for five to 10 years can expect a bigger median salary of $26K. Tellers who work for 10 to 20 years in their occupation tend to earn about $27K. Veterans who have acquired more than 20 years report a median income of $29K, which is generally higher than the pay reported by other tenure groups.

Pay Difference by Location

National Average: $24,760

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, 17 percent above the national average. Tellers will also find cushy salaries in New York (+17 percent), Jacksonville (+9 percent), Los Angeles (+9 percent), and Philadelphia (+6 percent). Falling short of the national average by 10 percent, the area with the worst salaries is St. Louis. Workers in Orlando and Houston earn salaries that trail the national average for those in this profession (5 percent less and 2 percent less, respectively).

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 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 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 404 votes.
Less than 1 year
16%
1-4 years
59%
5-9 years
13%
10-19 years
9%
20 years or more
3%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Teller Salaries

▲17%

▲10%

▲4%

National Average
$25,000

▼2%

Skills That Affect Teller Salaries

Operations Management
▲20%

Account Sales
▲9%


Customer Relationship Management (CRM)
▲2%

▲1%


▲1%

Microsoft Office
▲1%

Cash Flow Management
▲1%

Cash Handling
▼0%

Customer Service
▼0%

National Average
$25,000

Accounting
▼2%

Customer Service Metrics
▼3%

Bilingual
▼4%

teller
▼5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 404 votes.

Gender

Female
77 %
Male
23 %

Years of Experience

Less than 1 year
16%
1-4 years
59%
5-9 years
13%
10-19 years
9%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 65%
dental benefits
Dental: 57%
vision benefits
Vision: 50%
dental benefits
None: 31%
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