Average Credit Analyst with Financial Analysis Skills Salary in Toronto, Ontario
The average annual salary of Credit Analyst is $62,765.00
The starting salary of Credit Analyst is between $39,644.00 and $46,640.00 whereas the maximum salary range is between $86,670.00 and $99,671.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$39,644.00 | $99,671.00 |
The average hourly pay of Credit Analyst is $18.43.
The starting hourly rate is between $14.00 and $16.96 for Credit Analyst whereas the maximum hourly wage is between $25.92 and $30.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$14.00 | $30.00 |
- Currency : CAD
- Annual Salary : $62,765.00
- Hourly Pay : $18.43
- Weekly Pay : $1,150.00
- Fortnightly Salary : $2,299.00
- Monthly Salary : $4,981.00
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 76% while of female is only 24%.
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 working less than a year in a company, you notice that their annual salary starts around $51,775.00.
As the years of experience reaches 1 to 4, there is a significant increase of $10,961.58 which would give a total wage of CAD62,736.58.
Once the experience reaches 5-9 years Credit Analyst salary would increase again to a total of $66,080.59, adding $3,344.01 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $64,704.52.
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 skill that is required for Credit Analyst is Commercial Loans that affects the salary by 12%.
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 $49,584.00 whereas the highest earning is $65,903.00 which clearly shows the salary increases with the level of expertise.
Mid Carrer person will earn the maximum salary of $65,903.00 at 5%. So to summerize, Entry Level earns 21% less than the average salary, Early Career earns 0% less than the average salary, Mid Carrer earns 5% more than the average salary, Late Career earns 2% more than the average salary.
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