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Teller Salary

The average Teller in the United States earns approximately $11.05 per hour. The range in cash compensation to Tellers (largely between $19K and $30K) includes potential earnings of $1K from bonuses, $4K from profit sharing, and commissions of $3K in exceptional cases. The particular firm is the main element affecting pay for this group — experience level and geographic location are driving factors as well. Not all workers are lucky enough to have benefits; in fact, about a third are without coverage. Medical insurance is claimed by a majority and dental insurance is reported by a little more than half. Most Tellers like their work and job satisfaction is high. Female Tellers make up most of the survey respondents at 76 percent. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$18,348 - $33,512
(Median)
$18K
$25K
$34K
MEDIAN: $24,891
10%
50%
90%

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$9.00 - $13.63
(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
$18,348 - $33,512  
   
Bonus
$0.00 - $1,030  
Profit Sharing
$196.53 - $4,000  
Commission
$123.65 - $2,715  
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).
)
$18,811 - $29,556  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 467
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
$9.00 - $13.63  
   
Hourly Tips
$0.03 - $2.89  
Overtime
$11.90 - $20.34  
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 - $1,030  
   
Commission
$123.65 - $2,715  
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).
)
$18,811 - $29,556  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 4,195

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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

  • 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. Tellers go on to become Bank Tellers more often than anything even though median pay for the role is $22K. Tellers who move into a Personal Banker role, another well-traveled path for those in this field, tend to find salaries of $35K.

Bank Teller Job Listings

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Popular Employer Salaries for Teller


Wells Fargo Bank, Bank of America Corp. (BOFA), The PNC Financial Services Group, Inc., Chase Bank, and J.P. Morgan Chase & Co. (JPMCC) are leaders in the field that employ a large number of Tellers. 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 big spenders include Capital One Financial Corp, Bank of America Corp. (BOFA), and BB&T Corp., top-paying firms where Tellers see paychecks nearing $25K, $25K, or $25K.

Pay for Tellers is the lowest at The PNC Financial Services Group, Inc., which has a median salary of $21K. In addition, there's little room to grow there, with salaries maxing out at $25K. A few other companies with smaller-than-average paychecks include Regions Bank ($22K), Bbva Compass ($23K), and U.S. Bank ($23K).

Popular Skills for Teller


Tellers report using a wide range of professional skills. 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 16 percent. The majority of those who know 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. The average inexperienced worker earns $23K, and someone who has worked for five to 10 years can expect a bigger median salary of $25K. Tellers claiming one to two decades of experience make an estimated median of $26K. Old hands boasting more than twenty years of relevant experience report pay that is more or less commensurate with that extensive experience; average earnings for this group come out to approximately $28K.

Pay Difference by Location


Washington offers some of the highest pay in the country for Tellers, 15 percent above the national average. Tellers can also look forward to large paychecks in cities like San Jose (+14 percent), New York (+12 percent), Atlanta (+10 percent), and Los Angeles (+6 percent). In Oklahoma City, salaries are 7 percent below the national average and represent the lowest-paying market. Below-median salaries also turn up in St. Louis and Cincinnati (5 percent lower).

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 16%

Bilingual
up arrow 7%

Accounting
up arrow 4%

Customer Relationship Management (CRM)
up arrow 4%

Spanish Language
up arrow 3%

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 623 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: 55%
vision benefits Vision: 45% employee benefits None: 33%
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