Commonly asked overtime pay law questions about Credit Analysts:
- What is a Credit Analyst?
- What is the Salary Range for a Credit Analyst?
- How Many Credit Analysts Are Nationally Employed?
- Where Are Most Credit Analysts Employed?
- Credit Analyst Overtime Pay Lawsuit News
- What are the Laws for Credit Analyst Overtime Pay?
- Is a Credit Analyst Entitled to Overtime Pay?
- Credit Analyst Overtime Pay Lawyer Review
What Is a Credit Analyst?
Credit Analysts analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. They prepare reports with credit information for use in decision making.
What is the Salary Range for a Credit Analyst?
Depending on the work setting and state where Credit Analysts are employed, the U.S. Bureau of Labor Statistics (BLS) noted that in 2016, Credit Analysts made between $40,000 and $137,000, with the average annual salary being approximately $81,000.
How Many Credit Analysts Are Nationally Employed?
According to the United States Department of Labor, employment estimate and mean wage estimates for this occupation are as follows:
| Employment | Employment RSE* | Mean Hourly Wage | Mean Annual Wage | Wage RSE |
| 72,930 | 1.9% | $39.02 | $81,160 | 0.9% |
*RSE: The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.
According to the United States Department of Labor, the percentile wage estimates for a Credit Analyst is as follows:
| Percentile | 10% | 25% | 50% (Median) | 75% | 90% |
| Hourly Wage | $19.64 | $25.25 | $33.62 | $46.59 | $66.21 |
Where Are Most Credit Analysts Employed?
According to the United States Department of Labor, states with the highest employment level in this occupation are as follows:
| State | Employment | Employment Per Thousand Jobs | Location Quotient | Hourly Mean Wage | Annual Mean Wage |
| Texas | 7,940 | 0.68 | 1.30 | $39.37 | $81,880 |
| California | 7,910 | 0.50 | 0.95 | $43.66 | $90,820 |
| New York | 7,630 | 0.84 | 1.61 | $57.42 | $119,430 |
| Minnesota | 3,460 | 1.23 | 2.37 | $39.32 | $81,780 |
| Illinois | 2,930 | 0.50 | 0.95 | $32.69 | $68,000 |
Credit Analyst Overtime Pay Lawsuit News
Credit Analyst Overtime Pay Lawsuit News
Read All Credit Analyst News on Overtime Pay Cases and Settlements
What are the Laws for Credit Analyst Overtime Pay?
Under the Fair Labor Standards Act, Credit Analysts are often entitled to overtime pay for all hours worked over 40 in one week. If an employer denies a Credit Analyst overtime wages, it could give rise to an overtime pay lawsuit.
There are strict time limitations for filing a claim so it is important that you discuss your case in a timely manner. If you wait too long, you may lose your ability to recover some or all of your back pay. An experienced Credit Analyst overtime pay attorney can determine whether you are entitled to overtime wages based upon your job description, job duties, rate of pay, and number of hours worked.
Some states have their own overtime pay laws that may be slightly different from the FLSA with respect to overtime pay for Credit Analysts. There are strict time deadlines for filing lawsuits so it is essential that you contact an attorney immediately.
Is a Credit Analyst Entitled to Overtime Pay?
Because Credit Analysts perform essential duties in analyzing credit data, they often work far more than 40 hours in a week. Many of them are not paid overtime for these excess hours as required under the FLSA. The employer’s failure to pay required overtime to a Credit Analyst can result in a lawsuit for overtime pay.
There are strict time limitations for filing a claim so it is important that you discuss your case in a timely manner. If you wait too long, you may lose your ability to recover some or all of your back pay. An experienced Credit Analyst overtime pay attorney can determine whether you are entitled to overtime wages based upon your job description, job duties, rate of pay, and number of hours worked.
Some states have their own overtime pay laws that may be slightly different from the FLSA with respect to overtime pay for Credit Analysts. An experienced overtime pay attorney can determine whether you are entitled to overtime wages based upon your job description, job duties, rate of pay, and number of hours worked. There are strict time deadlines for filing lawsuits so it is essential that you contact an attorney immediately.
To determine whether you are eligible for filing a wage claim, contact our experienced Credit Analyst Overtime Pay Lawyers at (855) 754-2795 for a Free Consultation to discuss your case or complete the Free Unpaid Overtime Case Review Form on this page.
We will discuss your situation and determine if you have a claim. If you are owed unpaid wages, we will represent you under our No Fee Promise, which means there are never any legal fees or costs unless you receive a settlement.
Credit Analyst Overtime Pay Lawyer Review
