Teller Salary

Tellers in the United States can expect to earn an average of $11.06 per hour. Including potential for bonuses, profit sharing and commission — peaking near $1K, $4K, and $3K, respectively — total cash payment to Tellers can bottom out near $19K or top out at around $30K. Earnings for this group are mostly affected by career duration, followed by the specific employer and geographic location. While some workers in this profession — nearly one in three — do not have any health coverage, a majority do receive medical benefits and the larger part have dental insurance. Most Tellers report high levels of job satisfaction. Men are in the minority of survey respondents, with female Tellers making up 76 percent. The data in this summary comes from the PayScale salary survey.

$18,441 - $35,197
(Median)
$18K
$25K
$35K
MEDIAN: $25,120
10%
50%
90%

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$9.02 - $13.62
(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
$18,441 - $35,197  
   
Bonus
$0.00 - $1,037  
Profit Sharing
$197.27 - $3,973  
Commission
$122.55 - $2,618  
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).
)
$18,863 - $29,658  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 497
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
$9.02 - $13.62  
   
Hourly Tips
$0.13 - $2.18  
Overtime
$11.99 - $20.37  
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 - $1,037  
   
Commission
$122.55 - $2,618  
Profit Sharing
$197.27 - $3,973  
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).
)
$18,863 - $29,658  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 4,366
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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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As Tellers transition into upper-level roles such as Banking Branch Manager, they may see a strong upturn in salary. Banking Branch Managers earn $51K on average per year. The most common promotion for Tellers is a Bank Teller position, which usually brings in $22K a year. Another standard transition for Tellers seeking advancement is to assume a Personal Banker role, where pay is often $35K.

Bank Teller Job Listings

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Popular Employer Salaries for Teller


Known for taking on a considerable number of Tellers, Wells Fargo Bank, Bank of America Corp. (BOFA), The PNC Financial Services Group, Inc., Chase Bank, and J.P. Morgan Chase & Co. (JPMCC) are leading firms in the industry. Citibank pays the most with a median salary of $27K, though with a large amount of variation, going from a low of $17K to a high of $34K. Tellers can also look forward to large paychecks at Capital One Financial Corp ($25K), Bank of America Corp. (BOFA) ($25K), and BB&T Corp. ($25K).

The PNC Financial Services Group, Inc. offers the lowest pay in the field with a median salary of just $21K. There's also little variation in pay at the company, with pay ranging from $19K to $25K. A few other companies with smaller-than-average paychecks include Regions Bank ($22K), U.S. Bank ($22K), and Bbva Compass ($23K).

Popular Skills for Teller


Survey results imply that Tellers deploy a deep pool of skills 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 4 percent and 18 percent. Skills that seem to negatively impact pay include Microsoft Office. Most people experienced in Cash Handling also know Banking.

Pay by Experience Level for Teller

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


Experience does not seem to be a strong driver of pay increase in this role. People who have worked for fewer than five years bring home $23K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $25K. On average, Tellers make $26K following one to two decades on the job. In the end, the overall pattern seems to be that more experience generally corresponds to higher pay; a Teller with more than 20 years of experience can earn $29K on average.

Pay Difference by Location


Washington is home to an above-average pay rate for Tellers, 14 percent higher than the national average. Tellers can also look forward to large paychecks in cities like San Jose (+14 percent), New York (+12 percent), Atlanta (+11 percent), and Los Angeles (+7 percent). In Oklahoma City, salaries are 6 percent below the national average and represent the lowest-paying market.

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.

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Experience Affects Teller Salaries




National Average
$23,000


Skills That Affect Teller Salaries

Account Sales
up arrow 18%

Bilingual
up arrow 6%

Spanish Language
up arrow 4%

Accounting
up arrow 4%

Customer Relationship Management (CRM)
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

Microsoft Office
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 624 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
9%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 63% dental benefits Dental: 56%
vision benefits Vision: 45% employee benefits None: 33%
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