Tellers in Puerto Rico
Thinking about a career as a Tellers in Puerto Rico? Here’s what you need to know. Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution’s various transactions.
What do Tellers Make in Puerto Rico?
For a tellers working in Puerto Rico, the median annual wage is $29,630 per year (or about $14.25/hour).Annual wages span from $21,230 at the 10th percentile to $32,920 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $21,230 | $10.21 |
| 25th percentile | $23,080 | $11.10 |
| Median (50th) | $29,630 | $14.25 |
| 75th percentile | $31,080 | $14.94 |
| 90th percentile | $32,920 | $15.83 |
Location quotient — how concentrated this career is in Puerto Rico compared to the national average — is 1.53, suggesting that tellers are more concentrated here than the national average.
National Wage Comparison
Nationally, tellers earn a median of $57,527 per year ($27.66/hour), lower than the Puerto Rico median.
Employment Outlook
There are roughly 831,497 tellers in the U.S.. In Puerto Rico alone, approximately 3,160 people work in this role. That’s below the typical state, which employs around 4,970 tellers.
Top Puerto Rico Metros for Tellers
These are the Puerto Rico metros with the most tellers in Puerto Rico.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| San Juan-Bayamon-Caguas, PR | 2,280 | $30,410 |
| Mayaguez, PR | 220 | $29,760 |
| Ponce, PR | 200 | $29,320 |
| Aguadilla, PR | 160 | $28,600 |
| Arecibo, PR | 160 | $23,550 |
| Guayama, PR | 40 | $29,490 |
Top States for Tellers Employment
The table below shows the states where the most tellers work.
| State | Number Employed |
|---|---|
| Texas | 26,390 |
| California | 25,440 |
| New York | 17,420 |
| Illinois | 16,490 |
| Pennsylvania | 15,580 |
| Ohio | 15,200 |
| Florida | 13,190 |
| Michigan | 12,660 |
| New Jersey | 10,330 |
| Indiana | 9,630 |
| Wisconsin | 9,420 |
| Tennessee | 9,310 |
| Missouri | 9,150 |
| Georgia | 8,820 |
| Washington | 8,810 |
| Virginia | 7,940 |
| North Carolina | 7,790 |
| Massachusetts | 6,880 |
| Oklahoma | 6,840 |
| Alabama | 6,820 |
Highest-Paying States for Tellers
These states pay the most for tellers.
| State | Annual Median Salary |
|---|---|
| Washington | $46,890 |
| Connecticut | $46,310 |
| California | $45,920 |
| New Jersey | $45,720 |
| Alaska | $45,590 |
| Massachusetts | $45,100 |
| Oregon | $44,600 |
| District of Columbia | $44,380 |
| Colorado | $44,370 |
| Florida | $44,120 |
Skills
The most important tellers skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Key knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
The abilities that matter most for tellers, rated on an importance scale of 0 to 5:
Daily Tasks
Tellers typically:
- Balance currency, coin, and checks in cash drawers at ends of shifts and calculate daily transactions, using computers, calculators, or adding machines.
- Receive checks and cash for deposit, verify amounts, and check accuracy of deposit slips.
- Monitor bank vaults to ensure cash balances are correct.
- Cash checks and pay out money after verifying that signatures are correct, that written and numerical amounts agree, and that accounts have sufficient funds.
- Count currency, coins, and checks received, by hand or using currency-counting machine, to prepare them for deposit or shipment to branch banks or the Federal Reserve Bank.
- Enter customers' transactions into computers to record transactions and issue computer-generated receipts.
- Examine checks for endorsements and to verify other information, such as dates, bank names, identification of the persons receiving payments, and the legality of the documents.
- Resolve problems or discrepancies concerning customers' accounts.
- Prepare and verify cashier's checks.
- Process transactions, such as term deposits, retirement savings plan contributions, automated teller transactions, night deposits, and mail deposits.
- Answer telephones and assist customers with their questions.
- Identify transaction mistakes when debits and credits do not balance.
Work Activities
- Performing for or Working Directly with the Public
- Working with Computers
- Establishing and Maintaining Interpersonal Relationships
- Evaluating Information to Determine Compliance with Standards
- Communicating with Supervisors, Peers, or Subordinates
- Getting Information
- Processing Information
- Resolving Conflicts and Negotiating with Others
- Making Decisions and Solving Problems
- Updating and Using Relevant Knowledge
- Identifying Objects, Actions, and Events
- Analyzing Data or Information
Tools & Technology
Software and systems commonly involved: Hot technologies: Microsoft Excel In-demand technologies: Microsoft Office software
What Major Will Prepare You For This Career?
Programs that train for this career include:
- Finance & Financial Management
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Related Careers
Related occupations to tellers include:
- Financial Managers
- Accountants and Auditors
- Credit Analysts
- Loan Officers
- Cashiers
- Gambling Change Persons and Booth Cashiers
Also Known As
Account Representative, Bank Representative, Bank Teller, Banker, Bilingual Spanish Teller, Bilingual Teller, Branch Operations Specialist, Branch Teller, Cash Management Services Teller, Cashier, Collection Teller, Commercial Teller, Coupon Clerk, Customer Relationship Specialist, Customer Service Associate (CSA).
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 43-3071.00
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