What is the pay outlook for Customer Services & Support?
Customer services & support jobs are in increased demand, with general skills offering more options for job-seekers and greater compensation for job seekers with higher education and specialized skills. To remain competitive, job seekers should consider specialization as well as obtaining industry-specific certifications.
Teller salary in US
A Teller salary range in US can vary based on important factors such as education, skills, certifications, and years of experience. A Teller in US can expect to see an entry level salary range of $25,453 to $82,685 per year, based on 8,493 salary contributions. At the highest seniority level, an experienced Teller in US can make a salary range of $27,904 to $49,581 with at least 5 years of experience, based on 444 salary contributions. The top 3 companies in US where a Teller gets the highest compensation are Centris Federal Credit Union, Robert Half and The Brink's Company. Bigger companies typically pay 6.43% more than smaller companies for a Teller.
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Top paying industries
The top 5 paying industries for Teller in United States are Information Technology with a median total pay of $50,292, Healthcare with a median total pay of $43,791, Management & Consulting with a median total pay of $43,306, Financial Services with a median total pay of $41,171, and Retail & Wholesale with a median total pay of $40,455.
Information Technology
Top paying companies in Information Technology for Teller are Apple and Amazon.
Frequently asked questions about Teller salaries
The average salary for Teller is $53,020 per year or $25 per hour, with top earners making up to $76,570 (90th percentile). Typically, pay ranges from $44,071 (25th percentile) to $64,453 (75th percentile) annually. Salary estimates are based on 23933 salaries submitted anonymously to Glassdoor by Teller employees.
The highest salary for Teller is $64,453 per year, $5,371 per month or $31 per hour.
The lowest salary for Teller is $44,071 per year, $3,673 per month or $21 per hour.
The salary trajectory of Teller ranges between locations and employers. The salary starts at $49,069 per year (estimate) and goes up to $355,031 per year (estimate) for the highest level of seniority.
Teller roles provide a professional working environment with opportunities for mobility without high barriers to entry. While pay is modest, it rises as individuals exit to related roles including that of sales representative or loan officer. Tellers working in urban regions, as well as tellers working for large and profitable banks, are typically paid higher salaries than tellers working for rural or smaller banks.
Tellers anonymously reviewed their jobs on Glassdoor, and 67% describe themselves as satisfied with their annual salaries. Banking skills, experience, and advanced education all impact the salary an average teller earns, and they have the opportunity to earn an extra $8,177.76 each year.
The average professional who follows the teller career path earns a salary between $37,384.00 and $76,569.65, with a median salary of $44,842.18 annually. Completing a bachelor's degree, mastering banking industry skills, and gaining experience in the role can impact tellers' salaries throughout their careers. Senior or lead teller is the next seniority level up and pays a higher annual salary.
Effective communication, relationship building, and sales skills are all vital components in your career as a teller, and they'll help you earn a higher salary over time. As you progress and start solidifying client relationships, you should get better at working with customers, understanding their needs, and offering solid solutions using knowledge of banking products and services. The better you are at these skills, the higher your earning potential. Annual salary also increases with education and experience. A high school diploma is the minimal education required for most entry-level positions, but you can score a higher-paying role by completing your bachelor's or master's degree in finance or a related field.
Build trust and credibility as a professional, and you'll have the bargaining power to earn a higher salary when considering a raise or looking for a new teller job. If you've received a job offer, set your target salary within 15 to 20% of the employer's given range, make a record of your successes, and let them know how you excel in the role. This isn't the time to hold back; show proof of prior successes in banking, customer service, and the financial industry as a whole. If you're new to the field, a part-time or remote position could help boost your bargaining power.
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