Teller Supervisor Banking salary in Iceland

Average Yearly Salary of Teller Supervisor Banking in Iceland is approximately 6,824,656 ISK (47,544 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Teller Supervisor Banking do?

A teller supervisor in banking is responsible for overseeing the day-to-day operations of the teller line. They manage a team of tellers, ensuring that they adhere to bank policies and procedures while providing excellent customer service. The supervisor conducts training sessions for new tellers, monitors cash handling activities, and assists with complex transactions or customer inquiries. They also handle any escalated issues or complaints, ensuring prompt resolution and customer satisfaction. Additionally, the teller supervisor is responsible for managing the teller schedule, ensuring adequate staffing levels and efficient workflow. They may also be involved in performance evaluations, coaching, and providing feedback to their team members. This role requires strong leadership skills, attention to detail, and a thorough understanding of banking processes.

Skills: Teller supervisor, Banking, Customer service, Cash handling, Leadership, Training
Job industry: Banking

How much does Teller Supervisor Banking make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Teller Supervisor Banking a well paid job?

No, our data shows that Teller Supervisor Banking is typically not a well-paid job. The salary varies based on experience. Meaning that even though Teller Supervisor Banking might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Teller Supervisor Banking?

High salary for Teller Supervisor Banking would be somewhere between 7,507,122 ISK and 9,895,751 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Teller Supervisor Banking in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 6,824,656 ISK
Estimated Monthly Salary: 568,721 ISK
Estimated Weekly Salary: 131,243 ISK per week
Estimated Hourly Salary: 3,281 ISK per hour
By working as Teller Supervisor Banking a person can save up to 1,233 USD per month or 14,798 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Teller Supervisor Banking

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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