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Teller Average Salary in Thailand 2021

How much money does a Teller make in Thailand?


Average Monthly Salary
38,900 THB
( 466,000 THB yearly)

LOW
18,300
THB
AVERAGE
38,900
THB
HIGH
61,400
THB

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 Salary Distribution in Thailand

Median and salary distribution monthly Thailand Teller
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The median, the maximum, the minimum, and the range

  • Salary Range

    Teller salaries in Thailand range from 18,300 THB per month (minimum salary) to 61,400 THB per month (maximum salary).

  • Median 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.

  • Percentiles

    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.


What is the difference between the median and the average salary?

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

Teller Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Thailand Teller
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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.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

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.


Teller average salary change by experience in Thailand

0 - 2 Years
21,100 THB
2 - 5 Years+38%
29,000 THB
5 - 10 Years+42%
41,300 THB
10 - 15 Years+22%
50,400 THB
15 - 20 Years+6%
53,200 THB
20+ Years+9%
57,900 THB
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Teller Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Teller(s) who have the same experience but different education levels.

Salary comparison by education level monthly Thailand Teller
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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.


Teller average salary difference by education level in Thailand

High School
25,200 THB
Certificate or Diploma+51%
38,100 THB
Bachelor's Degree+50%
57,100 THB
Percentage increase and decrease are relative to the previous value

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Teller Salary Comparison By Gender

Salary comparison by gender monthly Thailand Teller
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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.

Male
41,100 THB
Female-10%
37,000 THB
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Thailand for all Careers

Salary comparison by gender monthly Thailand
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Teller Average Annual Salary Increment Percentage in Thailand

How much are annual salary increments in Thailand for Teller(s)? How often do employees get salary raises?

Teller

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.

Annual Salary Increment Rate Thailand Teller
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Thailand / All Professions

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.

How to calculate the salary increment percentage?

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

The average salary increase in one year (12 months) in Thailand is 6%.

Annual Increment Rate By Industry 2020

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

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.


Worldwide Salary Raises: All Countries and All Jobs

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Teller Bonus and Incentive Rates in Thailand

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Thailand Teller
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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.

Received Bonus
32%
No Bonus
68%

Types of Bonuses Considered

Individual Performance-Based Bonuses

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.

Bonuses Are Not Commissions!

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.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting 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.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

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.

Teller Average Hourly Wage in Thailand


220 THB per hour

The average hourly wage (pay per hour) in Thailand is 220 THB. This means that the average Teller in Thailand earns approximately 220 THB for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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.

Teller VS Other Jobs

Salary Comparison Between Teller and Banking monthly Thailand
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The average salary for Teller is 63% less than that of Banking. Also, Banking salaries are 9% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
AML Analyst156,000 THB+300%
Assistant Bank Branch Manager134,000 THB+240%
Assistant Bank Manager179,000 THB+360%
ATM Manager153,000 THB+290%
ATM Service Technician38,700 THB-0%
Bank Accounts Analyst56,500 THB+45%
Bank Accounts Controller73,600 THB+89%
Bank Accounts Executive111,000 THB+190%
Bank Accounts Manager130,000 THB+230%
Bank Auditing Manager127,000 THB+230%
Bank Branch Manager180,000 THB+360%
Bank Clerk34,700 THB-11%
Bank Compliance Specialist96,500 THB+150%
Bank Manager206,000 THB+430%
Bank Operational Risk Manager200,000 THB+410%
Bank Operations Head204,000 THB+430%
Bank Operations Officer85,400 THB+120%
Bank Operations Specialist131,000 THB+240%
Bank Process Manager115,000 THB+200%
Bank Product Manager 132,000 THB+240%
Bank Programme Manager146,000 THB+280%
Bank Project Manager173,000 THB+350%
Bank Propositions Manager154,000 THB+300%
Bank Quantitative Analyst110,000 THB+180%
Bank Regional Manager220,000 THB+470%
Bank Regional Risk Officer115,000 THB+200%
Bank Relationship Manager164,000 THB+320%
Bank Relationship Officer72,100 THB+86%
Banker76,600 THB+97%
Banking Business Analyst111,000 THB+190%
Banking Business Development Officer66,300 THB+71%
Banking Business Planning Executive157,000 THB+300%
Banking Product Manager131,000 THB+240%
Banking Reference Data Manager125,000 THB+220%
Banking Risk Analyst109,000 THB+180%
Banking Technical Analyst57,100 THB+47%
Bankruptcy Coordinator78,900 THB+100%
Budget Analyst112,000 THB+190%
Cards Marketing Manager133,000 THB+240%
Cash Management Manager188,000 THB+380%
Check Processing Manager141,000 THB+260%
Commercial Vault Associate103,000 THB+170%
Corporate Dealer119,000 THB+210%
Credit Analyst88,600 THB+130%
Credit and Collections Manager141,000 THB+260%
Credit Card Fraud Investigator110,000 THB+180%
Credit Portfolio Manager207,000 THB+430%
Credit Risk Analyst119,000 THB+210%
Credit Risk Associate116,000 THB+200%
Direct Bank Sales Representative76,500 THB+97%
Financial Bank Planning Consultant146,000 THB+280%
Financial Banking Analysis Manager164,000 THB+320%
Financial Banking Assistant53,900 THB+39%
Financial Banking Systems Manager156,000 THB+300%
Foreign Exchange Manager153,000 THB+290%
Fraud Analyst119,000 THB+210%
Fraud Detection Associate77,200 THB+99%
Fraud Detection Manager175,000 THB+350%
Fraud Detection Supervisor94,700 THB+140%
Internal Bank Audit Manager203,000 THB+420%
Internal Bank Auditor110,000 THB+180%
International Banking Manager213,000 THB+450%
Loan Analyst110,000 THB+180%
Loan Area Manager134,000 THB+240%
Loan Audit Team Leader125,000 THB+220%
Loan Branch Manager126,000 THB+220%
Loan Business Development Officer68,800 THB+77%
Loan Clerk36,900 THB-5%
Loan Collection Manager127,000 THB+230%
Loan Collector35,700 THB-8%
Loan Examiner48,300 THB+24%
Loan Processing Manager121,000 THB+210%
Loan Processor51,300 THB+32%
Loan Quality Assurance Auditor106,000 THB+170%
Loan Quality Assurance Manager120,000 THB+210%
Loan Quality Assurance Representative81,000 THB+110%
Loan Review Manager124,000 THB+220%
Loan Team Leader112,000 THB+190%
Mortgage Advisor78,500 THB+100%
Mortgage Collection Manager134,000 THB+240%
Mortgage Collector34,400 THB-11%
Mortgage Credit Analyst56,800 THB+46%
Mortgage Credit Manager121,000 THB+210%
Mortgage Development Manager141,000 THB+260%
Mortgage Document Reviewer48,800 THB+26%
Mortgage Funding Manager147,000 THB+280%
Mortgage Operations Manager192,000 THB+390%
Mortgage Payment Processing Clerk42,900 THB+10%
Mortgage Processing Manager119,000 THB+210%
Mortgage Processor47,600 THB+23%
Mortgage Quality Assurance Auditor113,000 THB+190%
Mortgage Quality Assurance Manager118,000 THB+200%
Mortgage Servicing Clerk37,300 THB-4%
Mortgage Servicing Manager120,000 THB+210%
Mortgage Underwriter44,900 THB+16%
Online Banking Manager184,000 THB+370%
Payment Processing Clerk38,100 THB-2%
Personal Banker81,600 THB+110%
Personal Banking Advisor 79,500 THB+100%
Phone Banker53,600 THB+38%
Private Banker78,800 THB+100%
Reconciliation and Investigation Specialist87,000 THB+120%
Teller38,900 THB+0%
Trade Officer45,900 THB+18%
Trade Product Manager134,000 THB+240%
Trader51,400 THB+32%
Treasury Operations Officer93,700 THB+140%

Salary Comparison By City

CityAverage Salary
Bangkok (Krung Thep)39,500 THB
Chiang Mai40,900 THB

Government vs Private Sector Salary Comparison

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.

Private Sector
94,000 THB
Public Sector+7%
100,000 THB
Percentage increase and decrease are relative to the previous value

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