Bank tellers are the smartest people you will ever meet on Kenyan roads, but have you ever wondered how their salaries look like? Well, banks in Kenya pay tellers based on work experience and profitability.
It is very hard to know what banks pay tellers unless you have interacted and seen the pay slips of the employees. I can say that anyone who has never worked in a bank will strive to be one of the employees but a short stint at the any of the banks will make you have a different attitude. To begin with, the average starting salary for bank tellers in Kenya is Ksh45, 000.This salary, however, vary across banks.
The best paying banks include Co-Operative Bank, Citibank, Standard Chartered Bank, CFC Stanbic Bank, Commercial Bank of Africa, and NIC bank. The average starting salary for tellers in these banks is Ksh60, 000.
If you manage to attend interview at Co-op bank, quote Ksh 60,000-Ksh70, 000, CFC bank Ksh 55,000-Ksh75, 000, Standard Chartered Bank Ksh 55,000-Ksh70, 0000,NIC bank Ksh55,000-Ksh 68,000,Equity Bank Ksh 30,000-Ksh50,000,KCB Bank Ksh55,000-Ksh65,000.
Citibank is the highest paying bank in Kenya. The bank pays fresh graduates, who are employed as management trainees Ksh 80,000.Experienced cashiers at this bank earn up to Ksh250, 000.
In Co-Operative bank there are experienced tellers who earn even Ksh300, 000.These are people who have worked for years and are trusted by the bank.
Equity Bank, the largest bank in terms of customer base, pays fresh graduates Ksh25, 000-Ksh45,000.Senior Managers are,however,paid well.
I&M is also another bank which pays fresh graduates well. The average salary of a teller at this bank is Ksh52,000.
Diamond Trust Bank, an investment Bank, pays tellers at least Ksh50, 000.
ECO bank salaries vary depending on how you were employed but the average starting salary for clerks is Ksh55, 000.
Bank of Africa pays fresh graduates at least Ksh 45,000.
In order to be paid well in banks, you have to possess at least 3 years work experience or get a promotion to the level of manager.
Apart from salaries,bank tellers earn bonuses annually.Most banks pay between Ksh 150,000-Ksh 300,000 as bonuses.but these bonuses come after the banks perform well.
