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Head Teller Banking salary in Monaco

Average Yearly Salary of Head Teller Banking in Monaco is approximately 121,925 EUR (121,338 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 Head Teller Banking do?

occupation personasA head teller in banking is responsible for overseeing the operations of the teller line in a bank branch. They manage a team of tellers, ensuring efficient and accurate processing of customer transactions, such as deposits, withdrawals, and check cashing. The head teller is also responsible for maintaining proper cash levels, reconciling cash drawers, and addressing any discrepancies or errors. They handle complex customer inquiries, resolve issues, and provide exceptional customer service. Additionally, they may assist with opening and closing procedures, train new tellers, and ensure compliance with bank policies and procedures. A head teller plays a crucial role in promoting a positive customer experience and maintaining the overall efficiency of the branch.

Skills: Head teller, Banking, Customer service, Cash handling, Team management, Compliance.
Job industry: Banking


How much does Head Teller Banking make?

Salary details
How much does Head Teller Banking make?
Estimated Yearly Salary: 121,925 EUR
Estimated Monthly Salary: 10,160 EUR
Estimated Weekly Salary: 2,345 EUR per week
Estimated Hourly Salary: 59 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 117,640 EUR
Estimated Monthly Salary: 9,803 EUR
Estimated Weekly Salary: 2,262 EUR per week
Estimated Hourly Salary: 57 EUR per hour
Last revision of data: 2024-01-03



Head Teller Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 121,338 USD
Estimated Monthly Salary: 10,112 USD
Estimated Weekly Salary: 2,333 USD per week
Estimated Hourly Salary: 58 USD per hour


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

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.

Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Head Teller Banking job salary compared to average salary in Monaco.
Comparison shows that a person working as Head Teller Banking in Monaco earns on average:
0.72 times the average salary (or 72% of average salary).

Is Head Teller Banking a well paid job?

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

What is considered a high salary for Head Teller Banking?

High salary for Head Teller Banking would be somewhere between 134,118 EUR and 176,791 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Head Teller Banking in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 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: 121,925 EUR
Estimated Monthly Salary: 10,160 EUR
Estimated Weekly Salary: 2,345 EUR per week
Estimated Hourly Salary: 59 EUR per hour
By working as Head Teller Banking a person can save up to 2,668 USD per month or 32,020 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 Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

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

Estimated Yearly Salary for Head Teller Banking

France is 29,952 USDdown arrow 75%
Details on Head Teller Banking salary in France
Italy is 24,655 USDdown arrow 80%
Details on Head Teller Banking salary in Italy
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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.

Top 10 highest salaries in Monaco

(1,948,030 EUR per year, pre-tax.)
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)

Data as of 2025

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