A person working as a Teller in China typically earns around 10,900 CNY per month. Salaries range from 5,120 CNY (lowest) to 17,200 CNY (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 China range from 5,120 CNY per month (minimum salary) to 17,200 CNY per month (maximum salary).
The median salary is 11,600 CNY per month, which means that half (50%) of people working as Teller(s) are earning less than 11,600 CNY while the other half are earning more than 11,600 CNY. 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 7,500 CNY while 75% of them are earning more than 7,500 CNY. Also from the diagram, 75% of Teller(s) are earning less than 15,200 CNY while 25% are earning more than 15,200 CNY.
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 5,910 CNY per month.
While someone with an experience level between two and five years is expected to earn 8,150 CNY 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 11,600 CNY 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 14,100 CNY 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 14,900 CNY 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 16,300 CNY 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 7,060 CNY per month.
While someone with a Certificate or Diploma gets a salary of 10,700 CNY per month, 51% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 16,000 CNY 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 China earn 10% more than their female counterparts on average.
Teller(s) in China are likely to observe a salary increase of approximately 12% every 13 months. The national average annual increment for all professions combined is 9% granted to employees every 15 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 China 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.
67% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 33% 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 66% less than that of Banking. Also, Banking salaries are 9% more than those of All Jobs.
|Job Title||Average Salary|
|AML Analyst||43,100 CNY||+300%|
|Assistant Bank Branch Manager||37,100 CNY||+240%|
|Assistant Bank Manager||50,800 CNY||+370%|
|ATM Manager||44,800 CNY||+310%|
|ATM Service Technician||11,700 CNY||+7%|
|Bank Accounts Analyst||16,800 CNY||+54%|
|Bank Accounts Controller||21,200 CNY||+95%|
|Bank Accounts Executive||32,900 CNY||+200%|
|Bank Accounts Manager||36,000 CNY||+230%|
|Bank Auditing Manager||39,300 CNY||+260%|
|Bank Branch Manager||53,600 CNY||+390%|
|Bank Clerk||10,300 CNY||-5%|
|Bank Compliance Specialist||26,800 CNY||+150%|
|Bank Manager||60,500 CNY||+460%|
|Bank Operational Risk Manager||63,000 CNY||+480%|
|Bank Operations Head||62,600 CNY||+470%|
|Bank Operations Officer||24,100 CNY||+120%|
|Bank Operations Specialist||39,500 CNY||+260%|
|Bank Process Manager||33,600 CNY||+210%|
|Bank Product Manager||41,600 CNY||+280%|
|Bank Programme Manager||40,500 CNY||+270%|
|Bank Project Manager||47,100 CNY||+330%|
|Bank Propositions Manager||45,300 CNY||+320%|
|Bank Quantitative Analyst||31,900 CNY||+190%|
|Bank Regional Manager||64,400 CNY||+490%|
|Bank Regional Risk Officer||32,900 CNY||+200%|
|Bank Relationship Manager||44,600 CNY||+310%|
|Bank Relationship Officer||21,000 CNY||+93%|
|Banking Business Analyst||32,600 CNY||+200%|
|Banking Business Development Officer||20,100 CNY||+84%|
|Banking Business Planning Executive||45,600 CNY||+320%|
|Banking Product Manager||41,300 CNY||+280%|
|Banking Reference Data Manager||36,600 CNY||+240%|
|Banking Risk Analyst||30,500 CNY||+180%|
|Banking Technical Analyst||17,100 CNY||+57%|
|Bankruptcy Coordinator||22,200 CNY||+100%|
|Budget Analyst||32,000 CNY||+190%|
|Cards Marketing Manager||39,600 CNY||+260%|
|Cash Management Manager||58,500 CNY||+440%|
|Check Processing Manager||40,900 CNY||+280%|
|Commercial Vault Associate||30,600 CNY||+180%|
|Corporate Dealer||34,100 CNY||+210%|
|Credit Analyst||25,300 CNY||+130%|
|Credit and Collections Manager||41,600 CNY||+280%|
|Credit Card Fraud Investigator||33,300 CNY||+210%|
|Credit Portfolio Manager||58,000 CNY||+430%|
|Credit Risk Analyst||34,600 CNY||+220%|
|Credit Risk Associate||34,800 CNY||+220%|
|Direct Bank Sales Representative||23,900 CNY||+120%|
|Financial Bank Planning Consultant||41,800 CNY||+280%|
|Financial Banking Analysis Manager||49,000 CNY||+350%|
|Financial Banking Assistant||15,000 CNY||+38%|
|Financial Banking Systems Manager||44,800 CNY||+310%|
|Foreign Exchange Manager||45,300 CNY||+320%|
|Fraud Analyst||34,500 CNY||+220%|
|Fraud Detection Associate||23,500 CNY||+120%|
|Fraud Detection Manager||50,900 CNY||+370%|
|Fraud Detection Supervisor||26,800 CNY||+150%|
|Internal Bank Audit Manager||61,000 CNY||+460%|
|Internal Bank Auditor||30,700 CNY||+180%|
|International Banking Manager||67,800 CNY||+520%|
|Loan Analyst||31,900 CNY||+190%|
|Loan Area Manager||37,400 CNY||+240%|
|Loan Audit Team Leader||35,000 CNY||+220%|
|Loan Branch Manager||36,300 CNY||+230%|
|Loan Business Development Officer||20,400 CNY||+87%|
|Loan Clerk||11,300 CNY||+4%|
|Loan Collection Manager||39,900 CNY||+270%|
|Loan Collector||10,800 CNY||-1%|
|Loan Examiner||13,600 CNY||+25%|
|Loan Processing Manager||35,000 CNY||+220%|
|Loan Processor||13,800 CNY||+27%|
|Loan Quality Assurance Auditor||32,500 CNY||+200%|
|Loan Quality Assurance Manager||37,700 CNY||+250%|
|Loan Quality Assurance Representative||23,800 CNY||+120%|
|Loan Review Manager||37,500 CNY||+240%|
|Loan Team Leader||31,700 CNY||+190%|
|Mortgage Advisor||22,800 CNY||+110%|
|Mortgage Collection Manager||36,300 CNY||+230%|
|Mortgage Collector||10,600 CNY||-3%|
|Mortgage Credit Analyst||16,200 CNY||+49%|
|Mortgage Credit Manager||35,700 CNY||+230%|
|Mortgage Development Manager||42,800 CNY||+290%|
|Mortgage Document Reviewer||13,800 CNY||+27%|
|Mortgage Funding Manager||42,700 CNY||+290%|
|Mortgage Operations Manager||58,300 CNY||+440%|
|Mortgage Payment Processing Clerk||12,200 CNY||+12%|
|Mortgage Processing Manager||35,700 CNY||+230%|
|Mortgage Processor||14,700 CNY||+35%|
|Mortgage Quality Assurance Auditor||32,900 CNY||+200%|
|Mortgage Quality Assurance Manager||35,600 CNY||+230%|
|Mortgage Servicing Clerk||10,700 CNY||-2%|
|Mortgage Servicing Manager||35,600 CNY||+230%|
|Mortgage Underwriter||13,900 CNY||+28%|
|Online Banking Manager||54,500 CNY||+400%|
|Payment Processing Clerk||11,600 CNY||+6%|
|Personal Banker||22,300 CNY||+100%|
|Personal Banking Advisor||24,800 CNY||+130%|
|Phone Banker||16,100 CNY||+48%|
|Private Banker||22,400 CNY||+110%|
|Reconciliation and Investigation Specialist||26,900 CNY||+150%|
|Trade Officer||13,000 CNY||+19%|
|Trade Product Manager||39,000 CNY||+260%|
|Treasury Operations Officer||28,300 CNY||+160%|
|Xi an||11,400 CNY|
|Nei Monggol||10,500 CNY|
|Xinjiang Uygur||9,650 CNY|
|Xizang [Tibet]||9,250 CNY|
Where can you get paid more, working for a private company or for the government? Public sector employees in China earn 6% more than their private sector counterparts on average across all sectors.