Do bank tellers make minimum wage?

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asked Apr 7 in Employment & Careers by Missy2993 (1,100 points)
Do bank tellers make minimum wage?

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answered Apr 7 by Caldecott (25,160 points)
Some bank tellers make minimum wage while others make more than minimum wage depending on their experience and the bank they work for.

A full time bank teller typically makes $20.00 to $25.00 per hour although starting salary for a full time bank teller can be only $12.00 to $18.00 depending on the bank.

Most bank tellers work full time and others work part time.

You can work at a bank part time or full time.

Part Time Bank tellers make around $18.00 per hour and Full Time bank employees make around $18.00 to $25.00 depending on the bank they work for.

The amount of hours that you work part time at Chase is 20 hours per week although it can sometimes be a bit more but never 40 hours.

Full time employees at Chase work an average of 40 hours a week.

The same is true with Wells Fargo and most other banks.

The bank that is best to work for is Chase and Wells Fargo banks.

You should join Wells Fargo as they are a great company to work for and they are a leading financial institution that offers a variety of products and services to it's customers.

If you enjoy helping customers with their financial needs and goals then Wells Fargo is a good company for you to work for.

Other benefits of joining Wells Fargo as an employee are.

Health plans. Wells Fargo offers comprehensive and competitive medical, dental, and vision benefits to help you and your family improve or maintain your health.
Well-being.
Parental and critical caregiving leaves.
Paid time off.
401(k) Plan.
Discounts & savings.
Commuter benefits.
Education benefits.

Wells Fargo does give small annual raises although you have to fight for the annual raise and they don't give any bonuses.

Wells Fargo does not do drug tests for current employees or new hires although you are required to perform your job duties unimpaired by illegal drugs, alcohol or from the improper use of legal substances.

Being on drugs and impaired during your job at Wells Fargo can get you fired.

When going for a Wells Fargo interview what you should wear is a shirt, suit jacket and tie which are required for men and for women they must wear a suit jacket and either professional pants or a skirt.

You should also read Wells Fargo dress code before you go to your Wells Fargo Interview as if you don't dress to their code it can be an instant no on the job.

Part time at Wells Fargo is an average of 20 hours a week.

Wells Fargo part time employees work an average of 20 hours a week although it doesn't mean you work 4 hours 5 days a week or can work more hours and less days.

Wells Fargo offers benefits to part time and full time employees.

Wells Fargo provides benefits to both part time and full time eligible employees.

Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future.

Wells Fargo pays their employees Bi Weekly and not weekly.

Bi weekly is when you're paid every 2 weeks so you'll get your pay from Wells Fargo every 2 weeks.

Wells Fargo employees get 18 days off for vacation.

As a full-time employee of Wells Fargo Bank you will accrue 18 days of paid time off (PTO) in your first year, and you can expect periodic increases to your PTO throughout your tenure.

Wells Fargo Teller training is 2 weeks to a month.

Becoming a bank teller generally only takes about one month.

This is the length of time for which most in-training bank tellers are trained on the job.

To work at Wells Fargo you need to be at least 18 years of age and have a high school diploma or GED.

Financial institutions like Wells Fargo generally impose strict hiring requirements.

Applicants must be at least 18 years of age, hold high school diplomas, and possess at least a year of experience dealing with customers.

Prior banking experience may also prove beneficial.

Wells Fargo Tellers do sometimes get bonuses.

The Wells Fargo Bonus Plan (the “Plan”) is a discretionary annual incentive plan focused on appropriate risk management, employee performance and business outcomes and is aligned with Wells Fargo's compensation principles:

Pay for performance; Promote effective risk management; Attract and retain talent.

A bank teller at Wells Fargo or other banks will be greeting customers and thanking them for their business.

Accepting and completing deposit and withdrawal requests. Following company identification policies at all times.

Tellers provide account services to customers by receiving deposits, cashing checks, distributing savings withdrawals, logging night and mail deposits, issuing cashier's checks or traveler's checks, and answering questions in person or on telephone.

Most bank tellers are hired full time and work during the day.

Wells Fargo Tellers have chairs where they can sit down during down time when not interacting with customers.

However Wells Fargo Tellers must stand when a customer enters the bank or when you interacting with the customer.

Wells Fargo tellers are provided chairs (very comfortable ones) to sit on during down time.

However they must stand during transactions and soon as a customer enters the branch.

A Wells Fargo Bank Teller makes on average of $32,000.00 to $48,000.00 per year.

A bank teller at Wells Fargo bank makes on average of $13.22 per hour which is below average for a bank tellers pay.

Some banks pay as much as $18.00 per hour for a bank teller.

Part time tellers typically work 5 to 6 hours per day and work around 20 hours per week.

Part Time Bank Teller Hours are usually 20 hours per week worked.

Most part time bank tellers work as a part time bank teller everyday about 5-6 hours a day and every other Saturday

A bank teller is a good job and it's always in demand.

Being a bank teller can serve as an entry-level position in banking, and can help facilitate entry into higher paying career paths within financial services.

However, this is the exception rather than the rule.

Few bank tellers actually are considered seriously as candidates for promotion by their current employers.

The bank that pays the most for tellers is Frost Bank with an average pay of $18.03 per hour.

Other banks that pay the tellers the most include.

People's United Bank. $18.00. per hour.
KeyBank. $17.74. per hour.
IBERIABANK. $17.09. per hour.
Suncoast Credit Union. $16.97. per hour.

Bank Tellers do get raises or bonuses now and then.

Bank Tellers make on average of $16.00 to $18.00 per hour.

The average bonus for a Bank Teller Cashier is $445.00 which represents 1% of their salary, with 100% of people reporting that they receive a bonus each year.

Being a bank teller can be a difficult and stressful job.

However you can get help from your coworker if you're having trouble with something as a bank teller.

Being a bank teller can be stressful.

There are a lot of factors at play, and there is a significant amount of risk when dealing with large sums of cash.

A bank teller must follow procedures very carefully.

A large part of a bank teller's job is being able to spot and prevent fraudulent behavior.

The work as a bank teller though is not too terribly difficult once you memorize the policies and procedures.

If you're not sure about something, you can turn to your coworker for help as no teller is ever left alone at a bank.

This reduces the chance of a robbery or the teller being tempted to steal on the job.

To work at a bank you may need a college degree depending on what job you're applying for at the bank.

If you're looking to work as a bank teller then becoming a bank teller does not require a college degree although having a college degree when applying for a bank teller job can help you get hired easier.

To become a bank teller, you first have to receive your high school diploma or GED.

You are required to be legally able to work in the United States and able to speak and write fluently in English.

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