As of October 01, 2024, the average annual pay of Teller I in the United States is $33,222. While Salary.com is seeing that Teller I salary in the US can go up to $39,214 or down to $28,063, but most earn between $30,521 and $36,358. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Teller I in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $36,358 | $3,030 | $699 | $17 |
| Average | $33,222 | $2,768 | $639 | $16 |
| 25th Percentile | $30,521 | $2,543 | $587 | $15 |
As of October 01, 2024, the average annual pay of Teller I in the United States is $33,222. While Salary.com is seeing that Teller I salary in the US can go up to $39,214 or down to $28,063, but most earn between $30,521 and $36,358. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Teller I in the United States.
As of October 01, 2024, Salary.com is seeing that an entry-level Teller I with under 1 year experience makes about $33,020. With less than 2 years of experience, a mid-level Teller I makes around $33,549. After 2-4 years, the Teller I pay rises to about $34,017. Those senior Teller I with 5-8 years of experience earn roughly $34,158, and those Teller I having 8 years or more experience is expected to earn about $34,251 on average.
| Levels | Salary |
|---|---|
| Entry Level Teller I | $33,020 |
| Intermediate Level Teller I | $33,549 |
| Senior Level Teller I | $34,017 |
| Specialist Level Teller I | $34,158 |
| Expert Level Teller I | $34,251 |
| Entry Level | 1% |
| Mid Level | 1% |
| Senior Level | 2% |
| Top Level | 3% |
| Experienced | 3% |
Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of October 01, 2024, the average yearly salary of Teller I is $36,643 in California and in Massachusetts, the average annual salary goes to $36,145. While in New Jersey, a Teller I earns $36,411 per year.
What Am I Worth?
Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of October 01, 2024, the average yearly salary of Teller I in San Francisco, CA is $41,527 and in New York, NY, the average annual salary goes to $38,803. While a Teller I earns $37,241 per year in Boston, MA.
For those exploring the changing dynamics of Teller I salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of October 01, 2024, our research highlights a notable shift in Teller I compensation over the past six years. For instance, the median salary has moved from $38,089 in 2023 to about $37,741 in 2024 (for a comprehensive analysis of Teller I salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.
Salary.com job board provides millions of Teller I information for you to search for. Click on search button below to see Teller I job openings or enter a new job title here.
Community Financial System, Inc.
BURLINGTON, VT
hot job
Community Financial System, Inc.
BURLINGTON, VT
Overview. At Community Bank System, Inc. (CBSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services a... more
1 Month Ago
Here are companies hiring for Teller I and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $33,222 | 66.0% | ||
| Bonus | $617 | 1.2% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $2,589 | 5.1% | ||
| 401K/403B | $1,590 | 3.2% | ||
| Disability | $271 | 0.5% | ||
| Healthcare | $6,056 | 12.0% | ||
| Pension | $1,861 | 3.7% | ||
| Time Off | $4,165 | 8.3% | ||
| Total Compensation | $50,370 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.1% |
| High School | 37.6% |
| Associates | 18.3% |
| Bachelors | 39.9% |
| Masters | 2.9% |
What Am I Worth?
The average annual salary of Teller I is $33,222. In case you are finding an easy salary calculator, the average hourly pay of Teller I is $16; the average weekly pay of Teller I is $639; the average monthly pay of Teller I is $2,768.
A Teller I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Teller I earns the most in San Jose, CA, where the annual salary of a Teller I is $41,693.
The highest pay for Teller I is $39,214.
The lowest pay for Teller I is $28,063.
Teller I provides in-person customer service to process routine financial transactions, including deposits, withdrawals, transfers, check cashing, and loan payments. Processes requests for money orders, cashiers' and travelers' checks, and foreign currency exchanges. Being a Teller I responds to customer inquiries, identifies needs, and makes referrals or cross-sells bank products and services. Prepares daily cash settlements and proof record for cash drawer and ATM following standard procedures. Additionally, Teller I follows all required security procedures and policies regarding customers' personal information and money handling. Requires a high school diploma or equivalent. Typically reports to a head teller. The Teller I works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Client Service: Client services are the processes and interactions organizations and members of their staff have with their clients.
Cross-Selling: Cross-selling is the action or practice of selling an additional product or service to an existing customer. In practice, businesses define cross-selling in many different ways. Elements that might influence the definition might include the size of the business, the industry sector it operates within and the financial motivations of those required to define the term. The objective of cross-selling can be either to increase the income derived from the client or to protect the relationship with the client or clients. The approach to the process of cross-selling can be varied. Unlike the acquiring of new business, cross-selling involves an element of risk that existing relationships with the client could be disrupted. For that reason, it is important to ensure that the additional product or service being sold to the client or clients enhances the value the client or clients get from the organization.
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