A person working as Teller in Morocco typically earns around 7,580 MAD. Salaries range from 4,020 MAD (lowest) to 11,500 MAD (highest).
This is the average salary including housing, transport, and other benefits. Teller salaries in Morocco vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 4,020 MAD |
Median 6,840 MAD |
Maximum 11,500 MAD |
Salaries for the position Teller in Morocco range from 4,020 MAD (starting salary) to 11,500 MAD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
With a median salary of 6,840 MAD, half of the professionals who work as Teller in Morocco earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Teller in Morocco earn less than 5,700 MAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 7,740 MAD while 25% earn more.
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Teller in Morocco compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 4,480 MAD to 6,080 MAD. About 20% of salaries are below the 4,480 MAD mark, while 10% fall within the range of 6,080 MAD to 6,810 MAD. Only 5% of individuals have salaries exceeding 6,810 MAD.
0 - 2 Years | 4,620 MAD | |
2 - 5 Years | +23% | 5,670 MAD |
5 - 10 Years | +42% | 8,040 MAD |
10 - 15 Years | +17% | 9,390 MAD |
15 - 20 Years | +10% | 10,300 MAD |
20+ Years | +6% | 10,900 MAD |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Teller and this is what we found.
Employees with less than two years of experience earn approximately 4,620 MAD.
While someone with an experience level between two and five years is expected to earn 5,670 MAD, 23% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 8,040 MAD, 42% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 9,390 MAD, 17% 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 10,300 MAD, 10% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 10,900 MAD, 6% more than people with fifteen to twenty years of experience.
High School | 5,670 MAD | |
Certificate or Diploma | +40% | 7,920 MAD |
Bachelor's Degree | +42% | 11,200 MAD |
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 salaries by education level for the position Teller in order to make a comparison.
Employees at this education level have an average salary of 5,670 MAD.
At this level, the average salary becomes 7,920 MAD, 40% more than the previous level.
At this level, the average salary becomes 11,200 MAD, 42% more than the previous level.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Teller in Morocco, the average difference between the salary of male and female employees is 15%.
Male | 7,980 MAD | |
Female | -13% | 6,950 MAD |
Individuals working as Teller in Morocco are likely to observe a salary increase of approximately 12% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
75% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 25% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.
Received Bonus | 25% | |
No Bonus | 75% |
The most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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. |
Example: | Example: |
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 fixed 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 minimum pay rate per hour for people working as Teller in Morocco is 23 MAD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Banking | -100% | |
AML Analyst | 30,900 MAD | +310% |
Assistant Bank Branch Manager | 24,400 MAD | +220% |
Assistant Bank Manager | 33,000 MAD | +340% |
ATM Manager | 29,200 MAD | +290% |
ATM Service Technician | 7,630 MAD | +1% |
Bank Accounts Analyst | 11,700 MAD | +54% |
Bank Accounts Collector | 6,960 MAD | -8% |
Bank Accounts Controller | 15,100 MAD | +99% |
Bank Accounts Executive | 21,300 MAD | +180% |
Bank Accounts Manager | 25,800 MAD | +240% |
Bank Auditing Manager | 25,700 MAD | +240% |
Bank Branch Manager | 35,200 MAD | +360% |
Bank Branch Operations Coordinator | 15,200 MAD | +100% |
Bank Clerk | 6,900 MAD | -9% |
Bank Client Service Associate | 9,270 MAD | +22% |
Bank Collector | 7,160 MAD | -6% |
Bank Compliance Specialist | 17,900 MAD | +140% |
Bank Manager | 41,600 MAD | +450% |
Bank Operational Risk Manager | 38,500 MAD | +410% |
Bank Operations Head | 42,800 MAD | +460% |
Bank Operations Officer | 16,900 MAD | +120% |
Bank Operations Specialist | 24,600 MAD | +220% |
Bank Process Manager | 22,500 MAD | +200% |
Bank Product Manager | 25,800 MAD | +240% |
Bank Programme Manager | 26,700 MAD | +250% |
Bank Project Manager | 32,800 MAD | +330% |
Bank Propositions Manager | 29,200 MAD | +290% |
Bank Quantitative Analyst | 20,200 MAD | +170% |
Bank Regional Manager | 40,400 MAD | +430% |
Bank Regional Risk Officer | 22,000 MAD | +190% |
Bank Relationship Manager | 31,000 MAD | +310% |
Bank Relationship Officer | 14,400 MAD | +90% |
Bank Sustainability Analyst | 24,800 MAD | +230% |
Bank Teller | 7,560 MAD | -0% |
Banker | 15,100 MAD | +99% |
Banking Business Analyst | 21,600 MAD | +180% |
Banking Business Development Officer | 13,300 MAD | +75% |
Banking Business Planning Executive | 30,800 MAD | +310% |
Banking Data Analyst | 24,200 MAD | +220% |
Banking Product Manager | 25,200 MAD | +230% |
Banking Reference Data Manager | 23,900 MAD | +220% |
Banking Regulatory Compliance Officer | 25,900 MAD | +240% |
Banking Risk Analyst | 20,400 MAD | +170% |
Banking Technical Analyst | 11,100 MAD | +46% |
Bankruptcy Coordinator | 15,300 MAD | +100% |
Bill and Account Collector | 7,770 MAD | +2% |
Blockchain Analyst | 17,600 MAD | +130% |
Blockchain Architect | 21,400 MAD | +180% |
Blockchain Auditor | 18,000 MAD | +140% |
Blockchain Compliance Analyst | 19,400 MAD | +160% |
Blockchain Consultant | 19,300 MAD | +150% |
Blockchain Trade Facilitator | 17,200 MAD | +130% |
Budget Analyst | 21,100 MAD | +180% |
Capital Risk Manager | 40,300 MAD | +430% |
Cards Marketing Manager | 27,700 MAD | +270% |
Cash Management Manager | 38,800 MAD | +410% |
Check Processing Manager | 27,200 MAD | +260% |
Chief Blockchain Officer | 23,900 MAD | +220% |
Commercial Vault Associate | 21,100 MAD | +180% |
Corporate Banker | 16,000 MAD | +110% |
Corporate Dealer | 23,100 MAD | +200% |
Credit Analyst | 17,000 MAD | +120% |
Credit and Collections Manager | 27,900 MAD | +270% |
Credit Card Fraud Investigator | 22,400 MAD | +200% |
Credit Portfolio Manager | 39,500 MAD | +420% |
Credit Risk Analyst | 22,800 MAD | +200% |
Credit Risk Associate | 23,300 MAD | +210% |
Cryptocurrency Accountant | 13,100 MAD | +73% |
Cryptocurrency Adviser | 26,700 MAD | +250% |
Cryptocurrency Analyst | 18,900 MAD | +150% |
Cryptocurrency Compliance Manager | 24,600 MAD | +220% |
Cryptocurrency Trader | 20,900 MAD | +180% |
Digital Banking Manager | 28,700 MAD | +280% |
Digital Currency Analyst | 21,600 MAD | +180% |
Direct Bank Sales Representative | 14,500 MAD | +91% |
Exchange Control Consultant | 21,600 MAD | +180% |
Executive Account Analyst | 20,200 MAD | +170% |
Financial Bank Planning Consultant | 28,000 MAD | +270% |
Financial Banking Analysis Manager | 29,900 MAD | +290% |
Financial Banking Assistant | 10,200 MAD | +34% |
Financial Banking Systems Manager | 30,400 MAD | +300% |
Foreign Exchange Manager | 30,800 MAD | +310% |
Fraud Analyst | 23,500 MAD | +210% |
Fraud Detection Associate | 16,000 MAD | +110% |
Fraud Detection Manager | 31,800 MAD | +320% |
Fraud Detection Supervisor | 18,300 MAD | +140% |
Internal Bank Audit Manager | 37,900 MAD | +400% |
Internal Bank Auditor | 21,100 MAD | +180% |
Internal Private Banker | 14,600 MAD | +93% |
International Banking Manager | 42,200 MAD | +460% |
Investment Banking Analyst | 29,600 MAD | +290% |
Loan Analyst | 21,400 MAD | +180% |
Loan Area Manager | 25,100 MAD | +230% |
Loan Audit Team Leader | 23,500 MAD | +210% |
Loan Branch Manager | 24,400 MAD | +220% |
Loan Business Development Officer | 12,400 MAD | +64% |
Loan Clerk | 7,620 MAD | +0% |
Loan Collection and Recovery Manager | 25,600 MAD | +240% |
Loan Collection Manager | 24,400 MAD | +220% |
Loan Collector | 7,290 MAD | -4% |
Loan Examiner | 9,220 MAD | +22% |
Loan Officer | 7,810 MAD | +3% |
Loan Processing Manager | 23,800 MAD | +210% |
Loan Processor | 9,440 MAD | +24% |
Loan Quality Assurance Auditor | 22,200 MAD | +190% |
Loan Quality Assurance Manager | 23,400 MAD | +210% |
Loan Quality Assurance Representative | 16,300 MAD | +110% |
Loan Review Manager | 23,300 MAD | +210% |
Loan Team Leader | 21,900 MAD | +190% |
Loans Manager | 29,500 MAD | +290% |
Mortgage Advisor | 14,200 MAD | +87% |
Mortgage Collection Manager | 25,100 MAD | +230% |
Mortgage Collector | 6,640 MAD | -12% |
Mortgage Credit Analyst | 11,300 MAD | +49% |
Mortgage Credit Manager | 24,900 MAD | +230% |
Mortgage Development Manager | 27,000 MAD | +260% |
Mortgage Document Reviewer | 9,630 MAD | +27% |
Mortgage Funding Manager | 27,100 MAD | +260% |
Mortgage Operations Manager | 37,300 MAD | +390% |
Mortgage Payment Processing Clerk | 7,800 MAD | +3% |
Mortgage Processing Manager | 25,100 MAD | +230% |
Mortgage Processor | 9,340 MAD | +23% |
Mortgage Quality Assurance Auditor | 21,200 MAD | +180% |
Mortgage Quality Assurance Manager | 22,900 MAD | +200% |
Mortgage Servicing Clerk | 7,560 MAD | -0% |
Mortgage Servicing Manager | 22,700 MAD | +200% |
Mortgage Underwriter | 8,970 MAD | +18% |
Online Banking Manager | 37,600 MAD | +400% |
Open Banking Strategist | 22,700 MAD | +200% |
Payment Processing Clerk | 7,250 MAD | -4% |
Personal Banker | 15,700 MAD | +110% |
Personal Banking Advisor | 15,100 MAD | +99% |
Phone Banker | 9,980 MAD | +32% |
Private Banker | 15,500 MAD | +100% |
Reconciliation and Investigation Specialist | 17,400 MAD | +130% |
Tax Officer | 13,200 MAD | +74% |
Teller | 7,580 MAD | -0% |
Trade Officer | 8,350 MAD | +10% |
Trade Product Manager | 25,100 MAD | +230% |
Trader | 9,940 MAD | +31% |
Treasury Operations Officer | 18,800 MAD | +150% |
Wealth Management Advisor | 31,500 MAD | +320% |
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Morocco is 8% on average across all career fields.
Private Sector | 18,600 MAD | |
Public Sector | +8% | 20,100 MAD |
A good and competitive compensation would range anywhere between 6,840 MAD and 7,740 MAD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
The base salary for a careers like Teller in Morocco ranges from 4,020 MAD to 5,700 MAD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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