Tellers Salary 2017: How Much Money Do They Make

Stanley TanLeave a Comment



hourly pay for Tellers
do Tellers make a lot of money

Tellers

Other names for this job might include Account Representative, Bank Representative, Bank Teller, Cashier, Collection Teller, Commercial Teller, Coupon Clerk, Customer Relationship Specialist, Customer Service Associate (CSA), Customer Service Representative (CSR)


  • $28060
    Salary
  • 57%
    Job satisfaction
  • Easy
    Becoming one
  • Low
    Job growth
OwlGuru Rank

D



How Much Successful Tellers Make In 2017


In this salary guide, you will find out how much do Tellers make.

After reading this, you will be able to make a decision if working as a Teller will suit your financial goals (e.g: buying a home, BMW or just your target salary goal).



Average salary

Annual salary
$28060 per year

Hourly wage
$13.490 per hour


1 of the most popular questions we get from our readers here at OwlGuru is how much do Tellers make per year and what is their hourly wage.

According to BLS, the average annual salary of Tellers is $28060. Their salary can also be as low as $20810 if you’re still a newbie with no experience to over $37760 if you have a ton of experience under your belt.

The typical hourly pay is $13.490 and can range from $10.010 to $18.150 which also depends if you’re a newbie or a professional.

Just like any other job, the salary of A Teller will vary based on your education and experience level.

# = Over $100 per hour or $200,000 per year.
Salary rank
D

We wanted to make it easy for our readers to compare the salary of A Teller to all the other careers out there. So we created Salary Rank.

This compares the salary of all careers and we give them a rank of A, B, C or D depending on how high or low is their average salary.

After comparing how much do Tellers make with other careers, they have a salary rank of D.



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Salary range

LevelHourlyYearly
Highest (Top 10%)$18.150$37760
Senior (Top 25%)$15.140$31500
Middle (Mid 50%)$13.110$27260
Junior (Bottom 25%)$11.170$23230
No experience (Bottom 10%)$10.010$20810


Entry-level Tellers who starts out at $23230 can expect to make $27260 after 3-5 years of experience in the field.

The bottom 10% makes less than $10.010 per hour while the top 10% makes over $18.150 per hour.

While the median wage is $27260 per annum or $13.110 per hour.

Depending on who you work for, you might also get overtime pay.

# = Over $100 per hour or $200,000 per year.


Highest paying industries

Industry nameHourly wageAnnual salary
State Government, excluding schools and hospitals20.4242470
State government, including schools and hospitals18.2237890
Offices of Physicians16.6434600
Monetary Authorities-Central Bank16.5134350
Ambulatory Health Care Services16.4834270
Federal, state, and local government, including government owned schools and hospitals, and the US Postal Service1633270
Educational Services, State government owned15.331820
Health Care and Social Assistance (including private, state, and local government hospitals)15.2131640
Educational Services (including private, state, and local government schools)15.0231240
Insurance Carriers14.8830940
Direct Insurance (except Life, Health, and Medical) Carriers14.8230820
Colleges, universities, and professional schools, State government owned14.6530460
Local government, including schools and hospitals14.5530260
Hospitals (including private, state, and local government hospitals)14.4630070
Hospitals, Privately owned14.4630070
General Medical and Surgical Hospitals (including private, state, and local government hospitals)14.4630070
General Medical and Surgical Hospitals, Privately owned14.4630070
Colleges, Universities, and Professional Schools (including private, state, and local government schools)14.3929930
Business Support Services14.2729680
Educational Services, Privately owned14.229530
Accounting, Tax Preparation, Bookkeeping, and Payroll Services13.7528600
Manufacturing13.4828040
Management of Companies and Enterprises13.2127480
Insurance Carriers and Related Activities13.1327310
Securities and Commodity Contracts Intermediation and Brokerage12.8826790
Securities, Commodity Contracts, and Other Financial Investments and Related Activities12.8626740
Depository Credit Intermediation12.8426720
Professional, Scientific, and Technical Services12.8326680
All industries12.8126650
All industries, private ownership only12.8126640
Finance and Insurance12.8126630
Credit Intermediation and Related Activities12.826630
Other Financial Investment Activities12.826630
Gambling Industries12.7626550
Employment Services12.6826380
Information12.6726360
Data Processing, Hosting, and Related Services12.6726360
Amusement, Gambling, and Recreation Industries12.5826160
Nondepository Credit Intermediation12.325590
Agencies, Brokerages, and Other Insurance Related Activities12.325580
Insurance Agencies and Brokerages12.2925560
Sector 56- Administrative and Support and Waste Management and Remediation Services12.2925560
Administrative and Support Services12.2925560
Activities Related to Credit Intermediation12.2425450
Arts, Entertainment, and Recreation12.1425240
Other Nondepository Credit Intermediation12.0525060
Amusement Parks and Arcades11.9124760
Transportation and Warehousing11.3523610
Air Transportation11.3523610
Scheduled Air Transportation11.3523610
Investigation and Security Services11.3423580
Investigation, Guard, and Armored Car Services11.3423580
Performing Arts, Spectator Sports, and Related Industries10.5621960
Spectator Sports10.5621960

Not all industries pay the same for Tellers.

1 of the easiest way to increase your salary is to change industries and find a higher paying one.



Highest paying states

StateHourlyAnnual
CT$15.48$32210
AK$15.01$31220
MA$14.78$30750
DC$14.7$30580
VA$14.53$30230
WA$14.28$29700
MD$14.14$29410
RI$14.05$29230
CA$14$29120
FL$13.99$29100

Another simple way to boost your pay as A Teller is to move to a higher paying state. However moving to a higher paying state like CT doesn’t mean you will make more overall. This is because the expenses at CT may be 2x higher than where you are currently living at right now.

According to the BLS, the highest paid / most successful Tellers are in the states of CT, AK, MA, DC and VA. The average salary in CT is $32210.



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Rank: D
Salary: $22180

They accommodate hotel, motel, and resort patrons by registering and assigning rooms to guests, issuing room keys or cards, transmitting and receiving messages, keeping records of occupied rooms and guests’ accounts, making and confirming reservations, and presenting statements to and collecting payments from departing guests.
Rank: B
Salary: $37340

They issue licenses or permits to qualified applicants. Obtain necessary information, record data, advise applicants on requirements, collect fees, and issue licenses. May conduct oral, written, visual, or performance testing.
Rank: C
Salary: $34890

They interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.
Rank: B
Salary: $35540

They locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer’s account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; and keeping records of collection and status of accounts.
Rank: C
Salary: $27830

They answer inquiries and provide information to the general public, customers, visitors, and other interested parties regarding activities conducted at establishment and location of departments, offices, and employees within the organization.





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Related to Tellers Salary

Tellers salary, how much do Tellers earn, Tellers hourly wage, Tellers annual pay, highest paying industries for Tellers, which states pay the highest for Tellers

Additional resources

http://www.bls.gov/OOH/office-and-administrative-support/tellers.htm
http://www.aba.com/

OwlGuru.com
OwlGuru.com is a career and college finder site. We help students to find a career and college that is right for them.
Tellers
Written by: Stanley Tan
Tellers receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.
3 / 5 stars

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