New York Post

Bank tellers thriving in the land of robots

- By KEVIN DUGAN kdugan@nypost.com

Bank tellers aren’t getting automated out of existence, after all.

The folks behind the glass at your local bank branch saw their wages grow by 8.1 percent last month — the most out of any job in New York City, according to a new survey by Glassdoor.

Banks started raising wages this year following Trump’s corporate tax cuts, which boosted profits for Wall Street by lowering the tax rate to 21 percent from 35 percent. While banks mostly use ATMs for basic services like taking deposits and cashing checks, they’re meanwhile training tellers to pitch loans and other financial products.

New York tellers are making $34,737 on average, according to Glassdoor. That’s far below the median US salary of $59,039, according to the most recent numbers from the Census Bureau. However, it is significan­tly higher than the median pay of $28,110 that bank tellers nationwide earned last year, according to the Bureau of Labor Statistics.

Other jobs that saw large gains in wages are maintenanc­e workers, whose salaries rose 7.6 percent, to $42,329, and bartenders, who made $38,960 — up 6.6 percent, according to Glassdoor.

“US workers in traditiona­lly lowerwage jobs are among those seeing the biggest wage bumps in August,” said Andrew Chamberlai­n, Glassdoor’s chief economist.

Last month, the employment cost index, a measure of wage gains, rose by 2.8 percent on an annual basis — the highest level since the third quarter of 2008, according to the BLS.

The data comes as wage growth for most Americans has remained stubbornly low — even as the stock market has reached new highs this month.

Workers across New York City saw their wages grow about 2.5 percent, to a median of $62,338, the survey said.

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