A person working as a Teller in Oman typically earns around 640 OMR per month. Salaries range from 350 OMR (lowest) to 970 OMR (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 Oman range from 350 OMR per month (minimum salary) to 970 OMR per month (maximum salary).
The median salary is 590 OMR per month, which means that half (50%) of people working as Teller(s) are earning less than 590 OMR while the other half are earning more than 590 OMR. 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 420 OMR while 75% of them are earning more than 420 OMR. Also from the diagram, 75% of Teller(s) are earning less than 720 OMR while 25% are earning more than 720 OMR.
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 400 OMR per month.
While someone with an experience level between two and five years is expected to earn 510 OMR per month, 26% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 670 OMR per month, 32% 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 790 OMR per month, 18% 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 870 OMR per month, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 930 OMR per month, 6% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+26%|
|5 - 10 Years||+32%|
|10 - 15 Years||+18%|
|15 - 20 Years||+11%|
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 510 OMR per month.
While someone with a Certificate or Diploma gets a salary of 700 OMR per month, 37% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 890 OMR per month, 29% more than someone with a Certificate or Diploma.
|Certificate or Diploma||+37%|
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 Oman earn 9% more than their female counterparts on average.
Teller(s) in Oman are likely to observe a salary increase of approximately 10% every 17 months. The national average annual increment for all professions combined is 7% granted to employees every 19 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 Oman 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.
78% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 22% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 2% 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 67% less than that of Banking. Also, Banking salaries are 9% more than those of All Jobs.
|Job Title||Average Salary|
|AML Analyst||2,630 OMR||+310%|
|Assistant Bank Branch Manager||2,340 OMR||+260%|
|Assistant Bank Manager||3,150 OMR||+390%|
|ATM Manager||2,570 OMR||+300%|
|ATM Service Technician||680 OMR||+6%|
|Bank Accounts Analyst||1,030 OMR||+60%|
|Bank Accounts Controller||1,240 OMR||+93%|
|Bank Accounts Executive||1,970 OMR||+210%|
|Bank Accounts Manager||2,200 OMR||+240%|
|Bank Auditing Manager||2,340 OMR||+260%|
|Bank Branch Manager||3,000 OMR||+370%|
|Bank Clerk||600 OMR||-7%|
|Bank Compliance Specialist||1,580 OMR||+150%|
|Bank Manager||3,630 OMR||+470%|
|Bank Operational Risk Manager||3,590 OMR||+460%|
|Bank Operations Head||3,610 OMR||+460%|
|Bank Operations Officer||1,400 OMR||+120%|
|Bank Operations Specialist||2,180 OMR||+240%|
|Bank Process Manager||2,080 OMR||+220%|
|Bank Product Manager||2,450 OMR||+280%|
|Bank Programme Manager||2,550 OMR||+300%|
|Bank Project Manager||3,010 OMR||+370%|
|Bank Propositions Manager||2,740 OMR||+330%|
|Bank Quantitative Analyst||1,890 OMR||+190%|
|Bank Regional Manager||3,650 OMR||+470%|
|Bank Regional Risk Officer||1,980 OMR||+210%|
|Bank Relationship Manager||2,850 OMR||+340%|
|Bank Relationship Officer||1,270 OMR||+98%|
|Banking Business Analyst||1,930 OMR||+200%|
|Banking Business Development Officer||1,210 OMR||+88%|
|Banking Business Planning Executive||2,670 OMR||+320%|
|Banking Product Manager||2,350 OMR||+270%|
|Banking Reference Data Manager||2,100 OMR||+230%|
|Banking Risk Analyst||1,960 OMR||+210%|
|Banking Technical Analyst||1,010 OMR||+57%|
|Bankruptcy Coordinator||1,380 OMR||+110%|
|Budget Analyst||1,860 OMR||+190%|
|Cards Marketing Manager||2,420 OMR||+280%|
|Cash Management Manager||3,260 OMR||+410%|
|Check Processing Manager||2,570 OMR||+300%|
|Commercial Vault Associate||1,810 OMR||+180%|
|Corporate Dealer||1,910 OMR||+200%|
|Credit Analyst||1,520 OMR||+140%|
|Credit and Collections Manager||2,550 OMR||+300%|
|Credit Card Fraud Investigator||1,880 OMR||+190%|
|Credit Portfolio Manager||3,500 OMR||+450%|
|Credit Risk Analyst||2,080 OMR||+220%|
|Credit Risk Associate||1,990 OMR||+210%|
|Direct Bank Sales Representative||1,370 OMR||+110%|
|Financial Bank Planning Consultant||2,510 OMR||+290%|
|Financial Banking Analysis Manager||2,930 OMR||+360%|
|Financial Banking Assistant||910 OMR||+42%|
|Financial Banking Systems Manager||2,520 OMR||+290%|
|Foreign Exchange Manager||2,870 OMR||+350%|
|Fraud Analyst||2,120 OMR||+230%|
|Fraud Detection Associate||1,370 OMR||+110%|
|Fraud Detection Manager||2,920 OMR||+350%|
|Fraud Detection Supervisor||1,590 OMR||+150%|
|Internal Bank Audit Manager||3,410 OMR||+430%|
|Internal Bank Auditor||1,930 OMR||+200%|
|International Banking Manager||3,940 OMR||+510%|
|Loan Analyst||1,890 OMR||+190%|
|Loan Area Manager||2,410 OMR||+280%|
|Loan Audit Team Leader||2,250 OMR||+250%|
|Loan Branch Manager||2,150 OMR||+230%|
|Loan Business Development Officer||1,120 OMR||+74%|
|Loan Clerk||700 OMR||+9%|
|Loan Collection Manager||2,270 OMR||+250%|
|Loan Collector||640 OMR||-0%|
|Loan Examiner||820 OMR||+28%|
|Loan Processing Manager||2,150 OMR||+230%|
|Loan Processor||860 OMR||+34%|
|Loan Quality Assurance Auditor||1,870 OMR||+190%|
|Loan Quality Assurance Manager||2,220 OMR||+250%|
|Loan Quality Assurance Representative||1,420 OMR||+120%|
|Loan Review Manager||2,070 OMR||+220%|
|Loan Team Leader||1,970 OMR||+210%|
|Mortgage Advisor||1,310 OMR||+100%|
|Mortgage Collection Manager||2,340 OMR||+260%|
|Mortgage Collector||630 OMR||-2%|
|Mortgage Credit Analyst||990 OMR||+54%|
|Mortgage Credit Manager||2,210 OMR||+240%|
|Mortgage Development Manager||2,450 OMR||+280%|
|Mortgage Document Reviewer||800 OMR||+25%|
|Mortgage Funding Manager||2,540 OMR||+300%|
|Mortgage Operations Manager||3,440 OMR||+440%|
|Mortgage Payment Processing Clerk||730 OMR||+14%|
|Mortgage Processing Manager||2,160 OMR||+240%|
|Mortgage Processor||820 OMR||+28%|
|Mortgage Quality Assurance Auditor||1,820 OMR||+180%|
|Mortgage Quality Assurance Manager||2,220 OMR||+250%|
|Mortgage Servicing Clerk||670 OMR||+4%|
|Mortgage Servicing Manager||2,060 OMR||+220%|
|Mortgage Underwriter||800 OMR||+25%|
|Online Banking Manager||3,220 OMR||+400%|
|Payment Processing Clerk||700 OMR||+9%|
|Personal Banker||1,330 OMR||+110%|
|Personal Banking Advisor||1,430 OMR||+120%|
|Phone Banker||900 OMR||+40%|
|Private Banker||1,380 OMR||+110%|
|Reconciliation and Investigation Specialist||1,550 OMR||+140%|
|Trade Officer||780 OMR||+21%|
|Trade Product Manager||2,160 OMR||+240%|
|Treasury Operations Officer||1,710 OMR||+170%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Oman earn 7% more than their private sector counterparts on average across all sectors.