May require a bachelor's degree. Handles special or unusual customer transactions, and answers more difficult customer inquiries. Typically requires 3-5 years of related experience. How much does a Bank Teller make? Typically requires 5 years experience in the related area as an individual contributor. Issues money orders, cashiers' and travelers' checks, and completes foreign currency exchanges. Becoming a bank teller does not require any outstanding costs since you can apply and be hired with just a high school diploma. The average salary for a Bank Teller is $34,622 in Boston, MA. The majority of bank tellers work in bank branches for commercial banks, serving the general public. On average, a bank teller salary ranges from $18.000 to $ 35.000 per year. Benefits Typically reports to a manager. Requires a high school diploma or its equivalent. per year The average salary for a lead teller is $27,552 per year in the United States. Extensive knowledge of department processes. Greets customers, delivers prompt and efficient service and provides information about bank products and services. Stay competitive with the world’s most innovative compensation software solution. Manages subordinate staff in the day-to-day performance of their jobs. An entry-level Bank Teller with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of AU$40,730 based on 67 salaries. According to the Bureau of Labor Statistics (BLS), overall job opportunities for bank tellers are predicted to decline 8% from 2016-26. May require an associate degree or its equivalent. Thorough knowledge of functional area and department processes. Jobs Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. May prepare orders or ship currency and coin and distribute money to other tellers and train or assist tellers as needed. Records all transactions and prepares daily settlements of teller cash and proofs transactions according to branch procedures. Typically requires 3 years experience in the related area as an individual contributor. Works under the close direction of senior personnel in the functional area. According to the Bureau of Labor Statistics the average bank teller’s salary is. Locations. Typically reports to a manager or head of a unit/department. Typically reports to the Regional Branch Manager. This means that 50 percent of tellers earned more than this amount and the other half made less. Latest wage data is for May 2018 Pre-tax earnings; Wages only - … Records all transactions and prepares daily settlements of teller cash and proofs transactions according to branch procedures. Starting Salary . Filter by location to see Bank Teller salaries in your area. 1 to 3 years supervisory experience may be required. Possesses a moderate understanding of general aspects of the job. Has full authority for personnel actions. Entry-level Tellers with little to no experience can expect to make anywhere between $22250 to $25540 per year or $11 to $12 per hour. Bank tellers make 42% less than the average American worker. Supervises a teller line that processes a variety of financial transactions including check cashing, withdrawals, deposits, and loan payments. According to the U.S. Bureau of Labor Statistics (as of 2019), bank tellers earn a median yearly income of $31,230 (or $15.02 per hour), assuming one works as a full-time bank employee. Contact Us | About Us | Debt Payoff Calculator | Investment Calculator | Home Loan Calculator | Salary Data, Metro Areas Where Bank Tellers Earn the Most, Pre-tax earnings; Wages only - does not include benefits, Data is for the entire metro area, not just the city. Jobs If you're interested in a position of a bank teller, you probably should know that average salaries in this field are about 57% lower than any other jobs nationwide. Provides assistance to account holders or tellers by processing transactions or responding to inquiries. True first level manager. Filter by location to see Bank Teller salaries in your area. Entry-level hourly wage. Typically requires 5 years experience in the related area as an individual contributor. Bank tellers in Washington are the best paid, making $34,240 a year, while bank tellers in Arkansas make the least at $25,640. Supervises a group of primarily para-professional level staffs. How to Apply for a Job During the Coronavirus Pandemic, View Account Services Representative Salary, View Account Services Representative, Sr. Salary, Small The national average salary for a Bank Teller is £18,866 in United Kingdom. Assists tellers with more complex tasks, approves exception transactions, backs up tellers and performs teller duties as needed. Develops and maintains business relationships with customers. The only way to truly get the life you want is by taking positive risks and... Those with an MBA degree tend to enjoy a higher pay scale than those who... Find out what you should earn with a customized salary estimate and 1 to 3 years supervisory experience may be required. Companies May provide other services including issuing money orders, cashiers' and travelers' checks, and exchanging foreign currency. Has full authority for personnel actions. In the map below, green represents higher pay and red represents lower pay. Salary estimates are based on 15 salaries submitted anonymously to Glassdoor by Bank Teller employees. According to the BLS, the part-time teller will make from $12.00 to as much as $408.00 depending on the number of hours worked. Follows all required security procedures and policies. Tellers can get an average compensation of Twenty Five Thousand dollars each year. Responsible for vault and the auditing, reporting and balancing of cash draw. Fills the role of teller as needed, to provide coverage for absences or peak business periods. Typically requires 1-3 years of related experience. Employers, Survey You, For The U.S. Department of Labor Statistics reports that the average income of a Bank Teller is $27,260. While ZipRecruiter is seeing weekly wages as high as $750 and as low as $327, the majority of Bank Teller wages currently range between $462 (25th percentile) to $596 (75th percentile… Manages all aspects of a branch office that handles loans/deposits up to $25 million. Has gained proficiency in multiple competencies relevant to the job. Requires a bachelor's degree in area of specialty. Industries Processes a variety of routine financial transactions including check cashing, withdrawals, deposits, and loan payments. Works under moderate supervision. Typically requires 3-5 years of related experience. Typically requires 1-3 years of related experience. According to the Bureau of Labor Statistics, the average salary for a bank teller in 2014 was $26,650, while the average hourly wage was $12.81. Entry-level annual salary. Por admin el diciembre 2, 2014 en Jobs. What is the average pay for bank tellers? Counts money and balances the vault. Salary estimates are based on 998 salaries submitted anonymously to Glassdoor by Bank Teller employees. Do bank tellers make a lot of money? Work Schedule Most bank tellers work a 40-hour week, with only about three out of 11 working part-time in 2016, according to the U.S. Bureau of Labor and Statistics. Records all transactions, prepares daily settlements of teller cash and proofs transactions researching and resolving discrepancies according to branch procedures. According to the Bureau of Labor Statistics, bank tellers in California earn an average of $32,120a year, equivalent to $15.44an hour. While ZipRecruiter is seeing hourly wages as high as $18.75 and as low as $8.17, the majority of Bank Teller wages currently range between $11.54 (25th percentile) to $14.90 (75th … Fills the role of teller as needed, to provide coverage for absences or peak business periods. Bank tellers make 42% less than the average American worker. Keep scrolling down to see a table with the average wages in each state. They don't make very much and the hours are sometimes horrible but it is/was a fairly easy job to get. How much does a teller make per year? Trains and coaches current and new staff members to ensure operational accuracy and achievement of service standards. Contributes to the development of processes and procedures. According to the Bureau of Labor Statistics, tellers earned the least among bank clerks, taking home a median salary of $27,260 in 2016. Gains or has attained full proficiency in a specific area of discipline. This is an “entry-level” position in the financial or banking industry, and you can become a teller with little experience or education. The average Bank Teller I salary in Texas is $26,680 as of October 28, 2020, but the range typically falls between $25,120 and $28,940. An entry level bank teller (1-3 years of experience) earns an average salary of 74 183 ₴. Works independently within established procedures associated with the specific job function. This is 7% morethan bank tellers nationwide, but it is 46% lessthan the typical California worker. Provides assistance to account holders or tellers by processing transactions or responding to inquiries. Typically requires 1-3 years of related experience. The median yearly salary for tellers according to a May 2009 Bureau of Labor Statistics report was $23,980. The average bank teller salary in Bangkok, Thailand is ฿218,760 or an equivalent hourly rate of ฿105. Monitors short and long term funding needs. An entry-level Bank Teller with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $12.29 based on 690 salaries. In case you decide to choose this career path, you can expect to earn anywhere between $22.000 and $38.000 annually. negotiate with confidence. Keep in mind that salary ranges can vary widely depending on many important factors, including position, education, certifications, additional skills, and the number of … So, it’s evident that there’s room to grow, and jobs as a Bank Teller … Gains or has attained full proficiency in a specific area of discipline. New account clerks did a little better, earning a median salary of $34,990, credit clerks still better at $36,930, and loan clerks earned the most, with a median annual salary of $38,630. Bank tellers make up approximately 90 percent of all tellers nationwide. How much do bank tellers make? May require 0-1 year of general work experience. Identifies opportunities for cross-selling and refers customers to appropriate bank personnel. ATMs and online banking are taking on the work human tellers are usually responsible for. How much does a Bank Teller make? Tellers are compensated at the highest average salary in Alaska, which has wages of approximately $29290. 94 160 ₴ (UAH) /yr Follows all required security procedures and policies. All rights reserved. Oversees, and communicates promotional campaigns and product initiatives. Salary.com. The future of bank tellers. Skills Salaries estimates are based on 15 salaries Manages the schedule and ensures there are tellers to provide sufficient service levels during busy periods. Follows all required security procedures and policies. Range $1 - $639 How much does a Bank Teller make in Boston, MA? Processes a variety of routine financial transactions including check cashing, withdrawals, deposits, and loan payments. Requires a high school diploma or its equivalent. It's really impossible to say; but might be easier if you specify the bank branch and geographical area, and pick those banks with only one branch. Responsible for scheduling staff, performance appraisals, corrective actions, and salary planning. Typically reports to head teller. This is 1% higher (+฿1,997) than the average bank teller salary in Thailand. Typically reports a head of a unit/department. Extensive knowledge of department processes. $38320 to $50620 per year. Supervises each tellers daily reconciliation. Works under moderate supervision. Search for bank teller jobs on Snag. Bank tellers in Washington are the best paid, making $34,240 a year, while bank tellers in Arkansas make the least at $25,640. © Requires a high school diploma or its equivalent. Typically reports to a manager. Companies According to the U.S. Bureau of Labor Statistics (as of 2019), bank tellers earn a median yearly income of $31,230 (or $15.02 per hour), assuming one works as a full-time employee. Makes day-to-day decisions within or for a group/small department. That would be for a Senior Teller. Accountable for financial performance, customer satisfaction, and branch policies and procedures. Monitors tellers performance and tracks cash differences. Teller wages at the 10th percentile were $9.30 per hour or $19,350 per year. One of the most popular questions we get from our readers here is how much do Coroners make per year and their hourly wage. Greets customers, delivers prompt and efficient service and provides information and sells additional bank products and services. The national average salary for a Bank Teller is $30,495 in United States. Works independently within established procedures associated with the specific job function. Keeps abreast of market conditions. Thorough knowledge of functional area under supervision. Requires a high school diploma. How much does a Bank Teller I make in Massachusetts? True first level manager. In what states do bank tellers make the most? According to the Bureau of Labor Statistics, bank tellers in the United States earn an average of $30,140 a year, equivalent to $14.49 an hour. Receives, places, and fulfills orders from the Federal Reserve Bank and internal units to maintain required levels of cash. Business, For In addition, they earn an average bonus of ฿3,041. Ensures that project/department milestones/goals are met and adhering to approved budgets. This is calculated by taking the median wage across the US. Typically reports to head teller. Locations, Most innovative compensation technology backed by the most experienced team in the industry, Better communicate your compensation decisions to your employees, Salaries Issues money orders, cashiers' and travelers' checks, and completes foreign currency exchanges. May assume role of head teller as needed. On average, a bank teller can make a little less than $29.000 per year in the United States. Typically reports to a supervisor or manager. This is calculated by looking at the amount the lowest 10% earners. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. May also be a level above a supervisor within high volume administrative/ production environments. In what states do bank tellers make the least? 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