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The differences between lead tellers and float tellers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a lead teller has an average salary of $42,554, which is higher than the $32,064 average annual salary of a float teller.
The top three skills for a lead teller include customer service, financial transactions and cash handling. The most important skills for a float teller are cash handling, branch management, and excellent client.
| Lead Teller | Float Teller | |
| Yearly salary | $42,554 | $32,064 |
| Hourly rate | $20.46 | $15.42 |
| Growth rate | -12% | -12% |
| Number of jobs | 10,015 | 14,928 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 49% |
| Average age | 39 | 39 |
| Years of experience | - | - |
A lead teller is an exceptional bank teller who performs various tasks in the bank. Lead tellers handle and supervise the team of tellers in the organization. They oversee the other tellers and see to it that jobs are correctly executed. Their duties include cash drawer maintenance, new teller training, and information communicator to bank officials. Also, they are the ones who interact with customers and resolve any bank-related problems that may arise.
A float teller typically works at different understaffed banks for a limited amount of time. Just like most tellers, their responsibilities usually include assisting clients by answering inquiries, processing withdrawals and deposits, opening and closing accounts, directing clients to banking personnel, offering products and services, or referring them to other offices when necessary. They also perform clerical tasks such as handling calls and correspondence, organizing files, preparing documents, and liaising with internal and external parties. Moreover, a float teller must maintain an active communication line with co-workers for a smooth and efficient workflow.
Lead tellers and float tellers have different pay scales, as shown below.
| Lead Teller | Float Teller | |
| Average salary | $42,554 | $32,064 |
| Salary range | Between $22,000 And $78,000 | Between $26,000 And $39,000 |
| Highest paying City | Manchester, NJ | Pensacola, FL |
| Highest paying state | New Jersey | Massachusetts |
| Best paying company | Western Union | Santander Bank |
| Best paying industry | Finance | Finance |
There are a few differences between a lead teller and a float teller in terms of educational background:
| Lead Teller | Float Teller | |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between lead tellers' and float tellers' demographics:
| Lead Teller | Float Teller | |
| Average age | 39 | 39 |
| Gender ratio | Male, 24.1% Female, 75.9% | Male, 25.4% Female, 74.6% |
| Race ratio | Black or African American, 8.5% Unknown, 3.3% Hispanic or Latino, 23.8% Asian, 6.8% White, 57.0% American Indian and Alaska Native, 0.6% | Black or African American, 10.1% Unknown, 3.5% Hispanic or Latino, 15.2% Asian, 7.4% White, 63.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |