The Bureau of Labor Statistics' Occupational Outlook Handbook states that in 2012, the median wage for a bank teller was $11.99 per hour, which equates to an average salary of $24,940 per year. The number of people employed in bank teller finance career positions is not expected to vary by more than 1% between 2012 and 2022; however, bank teller job prospects were considered excellent, because of the relatively high turnover rate within the field.
The average compensation for a bank teller in the United States in September 2014 was $10.44 per hour. This figure was based on the combined results of nearly 8,000 individuals, whose hourly pay rates varied between $8.39 and $13.21. Overtime rates fell between $10.48 and $20.05 per hour. In total, bank tellers' salaries fell between $17,682 and $28,914 per annum.
Most bank tellers have a high school diploma or equivalent qualification and receive roughly a month of on-the-job training when they begin employment. Bank teller responsibilities include securely processing check and cash transactions, accepting loan payments, completing deposits and withdrawals, and providing certain types of financial information to customers. Because of their everyday proximity to customers, they also contribute toward the public images of the financial institutions at which they are employed.
Common future business career options for bank tellers include employment opportunities in customer service departments, teller supervisor positions, bank management jobs and personal banker positions. According to the report, individuals employed as bank tellers are likely to move on to other jobs after approximately ten years.