Teller Average Salary in Norway 2024
How much money does a person working as Teller make in Norway?
LOW
99,600
NOK AVERAGE
216,000
NOK HIGH
344,000
NOK
A person working as Teller in Norway typically earns around 216,000 NOK. Salaries range from 99,600 NOK (lowest) to 344,000 NOK (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Teller salaries in Norway vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Teller Pay Scale and Salaries in Norway
Salary Structure and Pay Scale Comparison
205,000 NOK or more
180,000 to 205,000 NOK
124,000 NOK or less
124,000 to 180,000 NOK
 99,600 NOK |
207,000 NOK |
344,000 NOK |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Teller in Norway range from 99,600 NOK (starting salary) to 344,000 NOK (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.
Median Salary
With a median salary of 207,000 NOK, half of the professionals who work as Teller in Norway 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.
Percentiles and Salary Scale
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 Norway earn less than 167,000 NOK, while 75% earn more. Similarly, the chart shows that 75% earn less than 238,000 NOK while 25% earn more.
Pay Scale Structure
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 Norway compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 124,000 NOK to 180,000 NOK. About 20% of salaries are below the 124,000 NOK mark, while 10% fall within the range of 180,000 NOK to 205,000 NOK. Only 5% of individuals have salaries exceeding 205,000 NOK.
Salary Comparison by Years of Experience / Teller / Norway
How do experience and age affect pay?
| 0 - 2 Years | 113,000 NOK | |
| 2 - 5 Years | +34% | 151,000 NOK |
| 5 - 10 Years | +48% | 223,000 NOK |
| 10 - 15 Years | +22% | 272,000 NOK |
| 15 - 20 Years | +9% | 296,000 NOK |
| 20+ Years | +8% | 321,000 NOK |
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 113,000 NOK.
While someone with an experience level between two and five years is expected to earn 151,000 NOK, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 223,000 NOK, 48% 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 272,000 NOK, 22% 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 296,000 NOK, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 321,000 NOK, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Teller / Norway
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Teller.
| High School | 129,000 NOK | |
| Certificate or Diploma | +57% | 202,000 NOK |
| Bachelor's Degree | +68% | 339,000 NOK |
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.
Level 1: High School
Employees at this education level have an average salary of 129,000 NOK.
Level 2: Certificate or Diploma
At this level, the average salary becomes 202,000 NOK, 57% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 339,000 NOK, 68% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Teller / Norway
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 Norway, the average difference between the salary of male and female employees is 4%.
| Male | 221,000 NOK | |
| Female | -4% | 212,000 NOK |
Salary Comparison By Gender in Norway for all Careers
Average Annual Salary Increment Percentage / Teller / Norway
How much are annual salary increments in Norway for individuals working as Teller? How often do employees get salary raises?
Individuals working as Teller in Norway are likely to observe a salary increase of approximately 12% every 13 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
Norway / All Professions
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.
How to calculate the salary increment percentage?
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
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
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.
Bonus and Incentive Rates / Teller / Norway
How much and how often are bonuses being awarded?
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66% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 34% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.
| Received Bonus | 34% | |
| No Bonus | 66% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe 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.
Bonuses Are Not Commissions!
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.
What makes a position worthy of good bonuses and a high salary?
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.
Bonus Comparison by Seniority Level
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.
Average Hourly Wage / Teller / Norway
100 NOK per hourThe average hourly wage (pay per hour) for individuals working as Teller in Norway is 100 NOK.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
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.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Teller in Norway is 48 NOK. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Banking |  -100% | |
| AML Analyst | 920,000 NOK |  +330% |
| Assistant Bank Branch Manager | 813,000 NOK | +280% |
| Assistant Bank Manager | 996,000 NOK | +360% |
| ATM Manager | 896,000 NOK | +310% |
| ATM Service Technician | 238,000 NOK | +10% |
| Bank Accounts Analyst | 346,000 NOK | +60% |
| Bank Accounts Collector | 216,000 NOK | -0% |
| Bank Accounts Controller | 436,000 NOK | +100% |
| Bank Accounts Executive | 688,000 NOK | +220% |
| Bank Accounts Manager | 768,000 NOK | +250% |
| Bank Auditing Manager | 814,000 NOK | +280% |
| Bank Branch Manager | 1,040,000 NOK | +380% |
| Bank Branch Operations Coordinator | 491,000 NOK | +130% |
| Bank Clerk | 207,000 NOK | -4% |
| Bank Client Service Associate | 307,000 NOK | +42% |
| Bank Collector | 219,000 NOK | +1% |
| Bank Compliance Specialist | 544,000 NOK | +150% |
| Bank Manager | 1,300,000 NOK | +500% |
| Bank Operational Risk Manager | 1,290,000 NOK | +500% |
| Bank Operations Head | 1,290,000 NOK | +500% |
| Bank Operations Officer | 497,000 NOK | +130% |
| Bank Operations Specialist | 780,000 NOK | +260% |
| Bank Process Manager | 683,000 NOK | +220% |
| Bank Product Manager | 791,000 NOK | +270% |
| Bank Programme Manager | 886,000 NOK | +310% |
| Bank Project Manager | 1,020,000 NOK | +370% |
| Bank Propositions Manager | 914,000 NOK | +320% |
| Bank Quantitative Analyst | 668,000 NOK | +210% |
| Bank Regional Manager | 1,360,000 NOK | +530% |
| Bank Regional Risk Officer | 681,000 NOK | +210% |
| Bank Relationship Manager | 963,000 NOK | +340% |
| Bank Relationship Officer | 434,000 NOK | +100% |
| Bank Sustainability Analyst | 726,000 NOK | +240% |
| Bank Teller | 219,000 NOK | +1% |
| Banker | 441,000 NOK | +100% |
| Banking Business Analyst | 670,000 NOK | +210% |
| Banking Business Development Officer | 419,000 NOK | +94% |
| Banking Business Planning Executive | 917,000 NOK | +320% |
| Banking Data Analyst | 792,000 NOK | +270% |
| Banking Product Manager | 845,000 NOK | +290% |
| Banking Reference Data Manager | 732,000 NOK | +240% |
| Banking Regulatory Compliance Officer | 783,000 NOK | +260% |
| Banking Risk Analyst | 642,000 NOK | +200% |
| Banking Technical Analyst | 335,000 NOK | +55% |
| Bankruptcy Coordinator | 446,000 NOK | +110% |
| Bill and Account Collector | 236,000 NOK | +9% |
| Blockchain Analyst | 562,000 NOK | +160% |
| Blockchain Architect | 628,000 NOK | +190% |
| Blockchain Auditor | 592,000 NOK | +170% |
| Blockchain Compliance Analyst | 589,000 NOK | +170% |
| Blockchain Consultant | 656,000 NOK | +200% |
| Blockchain Trade Facilitator | 519,000 NOK | +140% |
| Budget Analyst | 645,000 NOK | +200% |
| Capital Risk Manager | 1,250,000 NOK | +480% |
| Cards Marketing Manager | 816,000 NOK | +280% |
| Cash Management Manager | 1,130,000 NOK | +420% |
| Check Processing Manager | 886,000 NOK | +310% |
| Chief Blockchain Officer | 741,000 NOK | +240% |
| Commercial Vault Associate | 614,000 NOK | +180% |
| Corporate Banker | 465,000 NOK | +110% |
| Corporate Dealer | 654,000 NOK | +200% |
| Credit Analyst | 524,000 NOK | +140% |
| Credit and Collections Manager | 877,000 NOK | +310% |
| Credit Card Fraud Investigator | 714,000 NOK | +230% |
| Credit Portfolio Manager | 1,260,000 NOK | +480% |
| Credit Risk Analyst | 757,000 NOK | +250% |
| Credit Risk Associate | 720,000 NOK | +230% |
| Cryptocurrency Accountant | 415,000 NOK | +92% |
| Cryptocurrency Adviser | 775,000 NOK | +260% |
| Cryptocurrency Analyst | 619,000 NOK | +190% |
| Cryptocurrency Compliance Manager | 740,000 NOK | +240% |
| Cryptocurrency Trader | 704,000 NOK | +230% |
| Digital Banking Manager | 884,000 NOK | +310% |
| Digital Currency Analyst | 653,000 NOK | +200% |
| Direct Bank Sales Representative | 472,000 NOK | +120% |
| Exchange Control Consultant | 707,000 NOK | +230% |
| Executive Account Analyst | 645,000 NOK | +200% |
| Financial Bank Planning Consultant | 865,000 NOK | +300% |
| Financial Banking Analysis Manager | 1,000,000 NOK | +360% |
| Financial Banking Assistant | 313,000 NOK | +45% |
| Financial Banking Systems Manager | 860,000 NOK | +300% |
| Foreign Exchange Manager | 980,000 NOK | +350% |
| Fraud Analyst | 688,000 NOK | +220% |
| Fraud Detection Associate | 467,000 NOK | +120% |
| Fraud Detection Manager | 1,040,000 NOK | +380% |
| Fraud Detection Supervisor | 600,000 NOK | +180% |
| Internal Bank Audit Manager | 1,160,000 NOK | +440% |
| Internal Bank Auditor | 657,000 NOK | +200% |
| Internal Private Banker | 498,000 NOK | +130% |
| International Banking Manager | 1,340,000 NOK | +520% |
| Investment Banking Analyst | 962,000 NOK | +340% |
| Loan Analyst | 683,000 NOK | +220% |
| Loan Area Manager | 788,000 NOK | +260% |
| Loan Audit Team Leader | 738,000 NOK | +240% |
| Loan Branch Manager | 777,000 NOK | +260% |
| Loan Business Development Officer | 404,000 NOK | +87% |
| Loan Clerk | 227,000 NOK | +5% |
| Loan Collection and Recovery Manager | 787,000 NOK | +260% |
| Loan Collection Manager | 817,000 NOK | +280% |
| Loan Collector | 206,000 NOK | -5% |
| Loan Examiner | 293,000 NOK | +35% |
| Loan Officer | 256,000 NOK | +18% |
| Loan Processing Manager | 697,000 NOK | +220% |
| Loan Processor | 309,000 NOK | +43% |
| Loan Quality Assurance Auditor | 670,000 NOK | +210% |
| Loan Quality Assurance Manager | 717,000 NOK | +230% |
| Loan Quality Assurance Representative | 509,000 NOK | +140% |
| Loan Review Manager | 740,000 NOK | +240% |
| Loan Team Leader | 635,000 NOK | +190% |
| Loans Manager | 870,000 NOK | +300% |
| Mortgage Advisor | 465,000 NOK | +110% |
| Mortgage Collection Manager | 755,000 NOK | +250% |
| Mortgage Collector | 224,000 NOK | +3% |
| Mortgage Credit Analyst | 351,000 NOK | +62% |
| Mortgage Credit Manager | 710,000 NOK | +230% |
| Mortgage Development Manager | 866,000 NOK | +300% |
| Mortgage Document Reviewer | 284,000 NOK | +31% |
| Mortgage Funding Manager | 896,000 NOK | +310% |
| Mortgage Operations Manager | 1,100,000 NOK | +410% |
| Mortgage Payment Processing Clerk | 257,000 NOK | +19% |
| Mortgage Processing Manager | 764,000 NOK | +250% |
| Mortgage Processor | 289,000 NOK | +34% |
| Mortgage Quality Assurance Auditor | 641,000 NOK | +200% |
| Mortgage Quality Assurance Manager | 780,000 NOK | +260% |
| Mortgage Servicing Clerk | 237,000 NOK | +9% |
| Mortgage Servicing Manager | 726,000 NOK | +240% |
| Mortgage Underwriter | 281,000 NOK | +30% |
| Online Banking Manager | 1,090,000 NOK | +400% |
| Open Banking Strategist | 687,000 NOK | +220% |
| Payment Processing Clerk | 237,000 NOK | +9% |
| Personal Banker | 493,000 NOK | +130% |
| Personal Banking Advisor | 490,000 NOK | +130% |
| Phone Banker | 306,000 NOK | +41% |
| Private Banker | 466,000 NOK | +120% |
| Reconciliation and Investigation Specialist | 543,000 NOK | +150% |
| Tax Officer | 390,000 NOK | +80% |
| Teller | 216,000 NOK | -0% |
| Trade Officer | 275,000 NOK | +27% |
| Trade Product Manager | 760,000 NOK | +250% |
| Trader | 338,000 NOK | +56% |
| Treasury Operations Officer | 592,000 NOK | +170% |
| Wealth Management Advisor | 923,000 NOK | +330% |
Government vs Private Sector Salary Comparison
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 Norway is 5% on average across all career fields.
| Private Sector | 598,000 NOK | |
| Public Sector | +5% | 631,000 NOK |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Teller in Norway?
A good and competitive compensation would range anywhere between 207,000 NOK and 238,000 NOK. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
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.
Base / Basic Salary
The base salary for a careers like Teller in Norway ranges from 99,600 NOK to 167,000 NOK. 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.
What is the difference between the median and the average salary?
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
