Average Head Teller Salary in Aruba for 2024

In this article, we will look at the average Head Teller salary for 2024 in Aruba and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Aruban florin. To keep things simple, we are using the AWG currency code instead of the currency symbol ฦ’.

How Much Does a Head Teller Make in Aruba?

A Head Teller working in Aruba will typically earn around 19,980 AWG per year, and this can range from the lowest average salary of about 9,140 AWG to the highest average salary of 34,480 AWG.

Average Annual Salary
19,980 AWG
Average Monthly Salary
1,665 AWG

Lowest Annual Salary
9,140 AWG
Lowest Monthly Salary
761 AWG

Highest Annual Salary
34,480 AWG
Highest Monthly Salary
2,873 AWG

These are average salaries for a Head Teller in Aruba and include benefits such as housing and transport. It's also possible for a Head Teller to earn more or less than the average salaries shown above.

Head Teller salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Head Teller Salaries in Aruba

So we've looked at the average salaries a Head Teller will earn in Aruba. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Head Teller can earn between 9,140 AWG and 34,480 AWG on average in Aruba. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Head Teller in Aruba is 22,660 AWG. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 22,660 AWG, and 50% of the population earn more than 22,660 AWG.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Head Teller salary in Aruba, 25% of the population are earning less than 15,880 AWG while 75% of the population earn more than 15,880 AWG.

75% of the population earn less than 29,160 AWG, and 25% of the population earn more than 29,160 AWG.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Head Teller Salary by Experience Level in Aruba

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average head teller salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Head Teller in Aruba that has less than two years of experience can expect to earn somewhere in the region of 12,760 AWG.
  • 2 - 5 Years Experience. With two to five years of experience the average Head Teller salary would increase to 13,100 AWG.
  • 5 - 10 Years Experience. From five to ten years of experience as a Head Teller, the average salary would be 23,380 AWG.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 26,500 AWG.
  • 15 - 20 Years Experience. A Head Teller with 15 to 20 years of experience can earn an average of 30,800 AWG.
  • 20+ Years Experience. For a Head Teller with more than 20 years, the expected average salary increases to 32,200 AWG.

Average Salary by Experience Chart

0-2 Years
12,760 AWG
2-5 Years +34%
13,100 AWG
5-10 Years +48%
23,380 AWG
10-15 Years +22%
26,500 AWG
15-20 Years +9%
30,800 AWG
20+ Years +8%
32,200 AWG

Head Teller Salary by Education Level in Aruba

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Head Teller in Aruba based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Head Teller in Aruba with a high school education can earn an average salary of 12,120 AWG.

  • Certificate or Diploma. A Head Teller in Aruba with a certificate or diploma education can earn an average salary of 21,540 AWG.

  • Bachelor's Degree. A Head Teller in Aruba with a bachelor's degree education can earn an average salary of 35,500 AWG.

Average Salary by Education Chart

High School
12,120 AWG
Certificate or Diploma +57%
21,540 AWG
Bachelor's Degree +68%
35,500 AWG

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Aruba is around 11,300 to 33,900 AWG and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Head Teller Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Aruba, a male head teller will earn an average of 24,280 AWG, while a female head teller will earn around 19,860 AWG.

This means that a male head teller earns approximately 22% more than a female head teller for performing the same job.

Average Salary by Gender Chart in Aruba

Male
24,280 AWG
Female -22%
19,860 AWG

Head Teller Average Pay Raise in Aruba

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Head Teller in Aruba is around 8% every 27 months.

The national average pay raise across all professions and industries in Aruba is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 8 ÷ 27 ) × 12  = 4%

What this means is that a Head Teller in Aruba can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Aruba for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Aruba.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Head Teller Bonus and Incentive Rates in Aruba

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Head Teller is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 2% to 7%.

Received Bonus
41%
No Bonus
59%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Aruba earn approximately 14% more than private sector employees in the same role.

Public Sector
27,480 AWG
Private Sector -14%
24,200 AWG

Salaries for Jobs Similar to a Head Teller

In the table below, we have salary information for jobs that are similar to a Head Teller in Aruba.

Job Title Category Salary
Account Manager Sales Retail and Wholesale 30,700 AWG
Account Officer Sales Retail and Wholesale 17,560 AWG
Area Manager Sales Retail and Wholesale 34,380 AWG
Area Sales Director Sales Retail and Wholesale 60,480 AWG
Area Sales Manager Sales Retail and Wholesale 45,600 AWG
Assisstant Store Supervisor Sales Retail and Wholesale 19,020 AWG
Assistant Department Manager Sales Retail and Wholesale 23,380 AWG
Assistant Retail Store Manager Sales Retail and Wholesale 23,260 AWG
Branch Manager Sales Retail and Wholesale 34,540 AWG
Branch Supervisor Sales Retail and Wholesale 28,680 AWG
Cashier Sales Retail and Wholesale 12,020 AWG
Cashier Manager Sales Retail and Wholesale 22,340 AWG
Commercial Sales Manager Sales Retail and Wholesale 48,140 AWG
Corporate Sales Manager Sales Retail and Wholesale 39,080 AWG
Depot Manager Sales Retail and Wholesale 29,600 AWG
Depot Supervisor Sales Retail and Wholesale 27,560 AWG
Deputy Sales Manager Sales Retail and Wholesale 30,220 AWG
Director of Sales Sales Retail and Wholesale 56,100 AWG
Distribution Director Sales Retail and Wholesale 36,580 AWG
District Leader Sales Retail and Wholesale 26,660 AWG
District Manager Sales Retail and Wholesale 35,300 AWG
District Sales Manager Sales Retail and Wholesale 34,380 AWG
External Sales Account Manager Sales Retail and Wholesale 33,440 AWG
Field Sales Representative Sales Retail and Wholesale 22,540 AWG
Furniture Sales Associate Sales Retail and Wholesale 16,880 AWG
Global Wholesale Manager Sales Retail and Wholesale 60,920 AWG
Head Cashier Sales Retail and Wholesale 21,640 AWG
Head of Direct Sales Sales Retail and Wholesale 42,320 AWG
Head of Retail Sales Retail and Wholesale 42,320 AWG
Inside Sales Sales Retail and Wholesale 19,200 AWG
Inside Sales Account Manager Sales Retail and Wholesale 26,780 AWG
Inside Sales Engineer Sales Retail and Wholesale 18,900 AWG
Inside Sales Executive Sales Retail and Wholesale 27,480 AWG
Inside Sales Representative Sales Retail and Wholesale 17,740 AWG
Internal Sales Manager Sales Retail and Wholesale 34,980 AWG
Inventory Manager Sales Retail and Wholesale 31,660 AWG
Key Account Manager Sales Retail and Wholesale 31,980 AWG
Medical Device Sales Sales Retail and Wholesale 25,440 AWG
Medical Device Sales Representative Sales Retail and Wholesale 23,260 AWG
Merchandiser Sales Retail and Wholesale 21,400 AWG
National Account Manager Sales Retail and Wholesale 45,620 AWG
National Customer Solution Specialist Sales Retail and Wholesale 39,160 AWG
National Sales Manager Sales Retail and Wholesale 56,460 AWG
Outside Sales Representative Sales Retail and Wholesale 23,380 AWG
Parts Salesperson Sales Retail and Wholesale 19,200 AWG
Project Development Manager Sales Retail and Wholesale 36,020 AWG
Project Manager Sales Retail and Wholesale 37,620 AWG
Project Sales Executive Sales Retail and Wholesale 35,300 AWG
Purchasing and Sales Executive Sales Retail and Wholesale 48,740 AWG
Quotation Engineer Sales Retail and Wholesale 20,120 AWG
Regional Sales Director Sales Retail and Wholesale 62,060 AWG
Regional Sales Manager Sales Retail and Wholesale 58,720 AWG
Relationship Manager Sales Retail and Wholesale 36,580 AWG
Retail Merchandiser Sales Retail and Wholesale 12,240 AWG
Retail Operations Manager Sales Retail and Wholesale 34,540 AWG
Retail Sales Associate Sales Retail and Wholesale 25,440 AWG
Retail Sales Representative Sales Retail and Wholesale 19,480 AWG
Retail Salesperson Sales Retail and Wholesale 17,760 AWG
Retail Store Manager Sales Retail and Wholesale 35,520 AWG
Retail Store Sales Person Sales Retail and Wholesale 19,640 AWG
Revenue Manager Sales Retail and Wholesale 34,980 AWG
Sales Account Manager Sales Retail and Wholesale 36,700 AWG
Sales Admin Executive Sales Retail and Wholesale 46,160 AWG
Sales Administration Manager Sales Retail and Wholesale 42,320 AWG
Sales Analyst Sales Retail and Wholesale 30,700 AWG
Sales Assistant Sales Retail and Wholesale 11,880 AWG
Sales Associate Sales Retail and Wholesale 19,640 AWG
Sales Consultant Sales Retail and Wholesale 25,660 AWG
Sales Coordinator Sales Retail and Wholesale 19,160 AWG
Sales Development Representative Sales Retail and Wholesale 20,760 AWG
Sales Director Sales Retail and Wholesale 54,140 AWG
Sales Engineer Sales Retail and Wholesale 19,380 AWG
Sales Executive Sales Retail and Wholesale 35,300 AWG
Sales Manager Sales Retail and Wholesale 49,560 AWG
Sales Officer Sales Retail and Wholesale 17,760 AWG
Sales Planner Sales Retail and Wholesale 26,860 AWG
Sales Planning Analyst Sales Retail and Wholesale 29,640 AWG
Sales Representative Sales Retail and Wholesale 18,780 AWG
Sales Service Associate Sales Retail and Wholesale 18,780 AWG
Sales Specialist Sales Retail and Wholesale 29,040 AWG
Sales Supervisor Sales Retail and Wholesale 27,480 AWG
Sales Support Sales Retail and Wholesale 14,620 AWG
Sales Support Manager Sales Retail and Wholesale 30,800 AWG
Sales Team Leader Sales Retail and Wholesale 27,480 AWG
Sales Trainer Sales Retail and Wholesale 29,600 AWG
Securities Sales Agent Sales Retail and Wholesale 31,400 AWG
Shipper / Receiver Sales Retail and Wholesale 14,620 AWG
Shop Manager Sales Retail and Wholesale 31,520 AWG
Store Development Administrator Sales Retail and Wholesale 23,500 AWG
Store Manager Sales Retail and Wholesale 36,800 AWG
Territory Sales Manager Sales Retail and Wholesale 45,600 AWG
Territory Sales Representative Sales Retail and Wholesale 23,700 AWG
Trade Marketing Officer Sales Retail and Wholesale 28,680 AWG
Treasury Officer Sales Retail and Wholesale 30,700 AWG
Vice President Sales Sales Retail and Wholesale 42,320 AWG
Visual Merchandiser Sales Retail and Wholesale 15,380 AWG

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