DETAILED OCCUPATION DATA
43-3071 Tellers
Occupational Description:
Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution?s various transactions.| Percentiles | |||||||||
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| Geography | Employment | Emp SE* | Mean | Mean SE* | 10th | 25th | Median | 75th | 90th |
| Minnesota | 8,590 | 378 | $15.41/hr | $0.23/hr | $11.80/hr | $13.30/hr | $15.15/hr | $17.56/hr | $19.38/hr |
| U S | 442,120 | 3,979 | $15.40/hr | $0.03/hr | $11.35/hr | $13.10/hr | $15.20/hr | $17.71/hr | $19.57/hr |
| *SE = Standard error, a measure of the statistical reliability of the estimate. | |||||||||
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| Occupation (click title for details) | OES | Projections | |
|---|---|---|---|
| Employment | Median Wage | % Change 2020 - 2030 | |
| Cashiers | 69,350 | $12.14/hr | -9.3% |
| Office Clerks, General | 52,080 | $18.44/hr | -3.3% |
| Secretaries, Except Legal, Medical, and Executive | 32,660 | $20.01/hr | -9.4% |
| Billing and Posting Clerks and Machine Operators | 7,770 | $20.91/hr | -0.3% |
| Insurance Claims and Policy Processing Clerks | 6,790 | $22.52/hr | -1.3% |
| Loan Interviewers and Clerks | 5,760 | $20.35/hr | -2.0% |
| New Accounts Clerks | 980 | $19.45/hr | -12.4% |
Tasks for Tellers
- Receives checks and cash for deposit, verifies amount, and examines checks for endorsements.
- Cashes checks and pays out money after verification of signatures and customer balances.
- Examines coupons and bills presented for payment to verify issue, payment date, and amount due.
- Enters customers' transactions into computer to record transactions and issues computer-generated receipts.
- Prepares daily inventory of currency, drafts, and travelers' checks.
- Counts currency, coins, and checks received for deposit, shipment to branch banks, or Federal Reserve Bank by hand or currency-counting machine.
- Issues checks to bond owners in settlement of transactions.
- Quotes unit exchange rate, following daily international rate sheet or computer display.
- Balances currency, coin, and checks in cash drawer at end of shift and calculates daily transactions.
- Composes, types, and mails correspondence relating to discrepancies, errors, and outstanding unpaid items.
- Explains, promotes, or sells products or services, such as travelers checks, savings bonds, money orders, and cashier's checks.
- Gives information to customer about foreign currency regulations and computes exchange value and transaction fee for currency exchange.
- Removes deposits from automated teller machines and night depository, and counts and balances cash in them.
