Average Credit Analyst with Credit Control Skills Salary in Toronto, Ontario
The average annual salary of Credit Analyst is $56,675.00
The starting salary of Credit Analyst is between $37,638.00 and $44,280.00 whereas the maximum salary range is between $77,760.00 and $89,424.00.
| Minimum Annual Pay | Maximum Annual Pay |
|---|---|
| $37,638.00 | $89,424.00 |
The average hourly pay of Credit Analyst is $21.26.
The maximum hourly wage is between $21.60 and $25.00.
| Minimum Hourly Pay | Maximum Hourly Pay |
|---|---|
| $0.00 | $25.00 |
- Currency : CAD
- Annual Salary : $56,675.00
- Hourly Pay : $21.26
- Weekly Pay : $1,038.00
- Fortnightly Salary : $2,076.00
- Monthly Salary : $4,498.00
Credit Analyst Salary Comparison by Gender
This pie chart demonstrates the gender share for Credit Analyst. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Credit Analyst compared to female. Their involvement is 71% while of female is only 29%.
Salary Distribution Based on Years of Experience
The line graph shows Credit Analyst salary in Toronto, Ontario, Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Credit Analyst having experience between 1-4 years, their salary is around $56,302.16.
Once the experience reaches 5-9 years Credit Analyst salary would increase again to a total of $60,608.70, adding $4,306.54 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $50,215.33.
Prominent Skills Affecting Credit Analyst Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Credit Analyst's salary. It clearly highlights the skills needed for a post of Credit Analyst when hired by an employer.
The most vital skill expected of Credit Analyst is Commercial Loans which impacts the most than the rest of the skills indicated with a staggering 25% comparatively. Therefore, one’s salary would greatly depend on their skills in Commercial Loans.
The skill least likely to affect one’s pay would be Loan Underwriting with 9%. It can be said that Loan Underwriting skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Credit Analyst. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $48,741.00 whereas the highest earning is $60,076.00 which clearly shows the salary increases with the level of expertise.
Mid Carrer person will earn the maximum salary of $60,076.00 at 6%. So to summerize, Early Career earns 0% less than the average salary, Mid Carrer earns 6% more than the average salary, Late Career earns 14% less than the average salary.
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