A person working as a Teller in Thailand typically earns around 38,900 THB per month. Salaries range from 18,300 THB (lowest) to 61,400 THB (highest).
This is the average monthly salary including housing, transport, and other benefits. Teller salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Teller salaries in Thailand range from 18,300 THB per month (minimum salary) to 61,400 THB per month (maximum salary).
The median salary is 41,200 THB per month, which means that half (50%) of people working as Teller(s) are earning less than 41,200 THB while the other half are earning more than 41,200 THB. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Teller(s) are earning less than 26,700 THB while 75% of them are earning more than 26,700 THB. Also from the diagram, 75% of Teller(s) are earning less than 54,400 THB while 25% are earning more than 54,400 THB.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Teller salaries by experience level and this is what we found.
A Teller with less than two years of experience makes approximately 21,100 THB per month.
While someone with an experience level between two and five years is expected to earn 29,000 THB per month, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 41,300 THB per month, 42% more than someone with two to five years of experience.
Additionally, Teller(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 50,400 THB per month, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 53,200 THB per month, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 57,900 THB per month, 9% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+38%|
|5 - 10 Years||+42%|
|10 - 15 Years||+22%|
|15 - 20 Years||+6%|
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Teller salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Teller is 25,200 THB per month.
While someone with a Certificate or Diploma gets a salary of 38,100 THB per month, 51% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 57,100 THB per month, 50% more than someone with a Certificate or Diploma.
|Certificate or Diploma||+51%|
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Teller employees in Thailand earn 11% more than their female counterparts on average.
Teller(s) in Thailand are likely to observe a salary increase of approximately 11% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Listed above are the average annual increase rates for each industry in Thailand for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
A Teller is considered to be a low bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
68% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 32% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The average salary for Teller is 63% less than that of Banking. Also, Banking salaries are 9% more than those of All Jobs.
|Job Title||Average Salary|
|AML Analyst||156,000 THB||+300%|
|Assistant Bank Branch Manager||134,000 THB||+240%|
|Assistant Bank Manager||179,000 THB||+360%|
|ATM Manager||153,000 THB||+290%|
|ATM Service Technician||38,700 THB||-0%|
|Bank Accounts Analyst||56,500 THB||+45%|
|Bank Accounts Controller||73,600 THB||+89%|
|Bank Accounts Executive||111,000 THB||+190%|
|Bank Accounts Manager||130,000 THB||+230%|
|Bank Auditing Manager||127,000 THB||+230%|
|Bank Branch Manager||180,000 THB||+360%|
|Bank Clerk||34,700 THB||-11%|
|Bank Compliance Specialist||96,500 THB||+150%|
|Bank Manager||206,000 THB||+430%|
|Bank Operational Risk Manager||200,000 THB||+410%|
|Bank Operations Head||204,000 THB||+430%|
|Bank Operations Officer||85,400 THB||+120%|
|Bank Operations Specialist||131,000 THB||+240%|
|Bank Process Manager||115,000 THB||+200%|
|Bank Product Manager||132,000 THB||+240%|
|Bank Programme Manager||146,000 THB||+280%|
|Bank Project Manager||173,000 THB||+350%|
|Bank Propositions Manager||154,000 THB||+300%|
|Bank Quantitative Analyst||110,000 THB||+180%|
|Bank Regional Manager||220,000 THB||+470%|
|Bank Regional Risk Officer||115,000 THB||+200%|
|Bank Relationship Manager||164,000 THB||+320%|
|Bank Relationship Officer||72,100 THB||+86%|
|Banking Business Analyst||111,000 THB||+190%|
|Banking Business Development Officer||66,300 THB||+71%|
|Banking Business Planning Executive||157,000 THB||+300%|
|Banking Product Manager||131,000 THB||+240%|
|Banking Reference Data Manager||125,000 THB||+220%|
|Banking Risk Analyst||109,000 THB||+180%|
|Banking Technical Analyst||57,100 THB||+47%|
|Bankruptcy Coordinator||78,900 THB||+100%|
|Budget Analyst||112,000 THB||+190%|
|Cards Marketing Manager||133,000 THB||+240%|
|Cash Management Manager||188,000 THB||+380%|
|Check Processing Manager||141,000 THB||+260%|
|Commercial Vault Associate||103,000 THB||+170%|
|Corporate Dealer||119,000 THB||+210%|
|Credit Analyst||88,600 THB||+130%|
|Credit and Collections Manager||141,000 THB||+260%|
|Credit Card Fraud Investigator||110,000 THB||+180%|
|Credit Portfolio Manager||207,000 THB||+430%|
|Credit Risk Analyst||119,000 THB||+210%|
|Credit Risk Associate||116,000 THB||+200%|
|Direct Bank Sales Representative||76,500 THB||+97%|
|Financial Bank Planning Consultant||146,000 THB||+280%|
|Financial Banking Analysis Manager||164,000 THB||+320%|
|Financial Banking Assistant||53,900 THB||+39%|
|Financial Banking Systems Manager||156,000 THB||+300%|
|Foreign Exchange Manager||153,000 THB||+290%|
|Fraud Analyst||119,000 THB||+210%|
|Fraud Detection Associate||77,200 THB||+99%|
|Fraud Detection Manager||175,000 THB||+350%|
|Fraud Detection Supervisor||94,700 THB||+140%|
|Internal Bank Audit Manager||203,000 THB||+420%|
|Internal Bank Auditor||110,000 THB||+180%|
|International Banking Manager||213,000 THB||+450%|
|Loan Analyst||110,000 THB||+180%|
|Loan Area Manager||134,000 THB||+240%|
|Loan Audit Team Leader||125,000 THB||+220%|
|Loan Branch Manager||126,000 THB||+220%|
|Loan Business Development Officer||68,800 THB||+77%|
|Loan Clerk||36,900 THB||-5%|
|Loan Collection Manager||127,000 THB||+230%|
|Loan Collector||35,700 THB||-8%|
|Loan Examiner||48,300 THB||+24%|
|Loan Processing Manager||121,000 THB||+210%|
|Loan Processor||51,300 THB||+32%|
|Loan Quality Assurance Auditor||106,000 THB||+170%|
|Loan Quality Assurance Manager||120,000 THB||+210%|
|Loan Quality Assurance Representative||81,000 THB||+110%|
|Loan Review Manager||124,000 THB||+220%|
|Loan Team Leader||112,000 THB||+190%|
|Mortgage Advisor||78,500 THB||+100%|
|Mortgage Collection Manager||134,000 THB||+240%|
|Mortgage Collector||34,400 THB||-11%|
|Mortgage Credit Analyst||56,800 THB||+46%|
|Mortgage Credit Manager||121,000 THB||+210%|
|Mortgage Development Manager||141,000 THB||+260%|
|Mortgage Document Reviewer||48,800 THB||+26%|
|Mortgage Funding Manager||147,000 THB||+280%|
|Mortgage Operations Manager||192,000 THB||+390%|
|Mortgage Payment Processing Clerk||42,900 THB||+10%|
|Mortgage Processing Manager||119,000 THB||+210%|
|Mortgage Processor||47,600 THB||+23%|
|Mortgage Quality Assurance Auditor||113,000 THB||+190%|
|Mortgage Quality Assurance Manager||118,000 THB||+200%|
|Mortgage Servicing Clerk||37,300 THB||-4%|
|Mortgage Servicing Manager||120,000 THB||+210%|
|Mortgage Underwriter||44,900 THB||+16%|
|Online Banking Manager||184,000 THB||+370%|
|Payment Processing Clerk||38,100 THB||-2%|
|Personal Banker||81,600 THB||+110%|
|Personal Banking Advisor||79,500 THB||+100%|
|Phone Banker||53,600 THB||+38%|
|Private Banker||78,800 THB||+100%|
|Reconciliation and Investigation Specialist||87,000 THB||+120%|
|Trade Officer||45,900 THB||+18%|
|Trade Product Manager||134,000 THB||+240%|
|Treasury Operations Officer||93,700 THB||+140%|
|Bangkok (Krung Thep)||39,500 THB|
|Chiang Mai||40,900 THB|
Where can you get paid more, working for a private company or for the government? Public sector employees in Thailand earn 7% more than their private sector counterparts on average across all sectors.