Commonly asked overtime pay law questions about Financial Analysts:
- What is a Financial Analyst?
- What is the Salary Range for a Financial Analyst?
- How Many Financial Analysts Are Nationally Employed?
- Where Are Most Financial Analysts Employed?
- Financial Analyst Overtime Pay Lawsuit News
- What are the Laws for Financial Analyst Overtime Pay?
- Is a Financial Analyst Entitled to Overtime Pay?
- Financial Analyst Overtime Pay Lawyer Review
What Is a Financial Analyst?
Financial Analysts conduct quantitative analyses of information affecting investment programs of public or private institutions.
What is the Salary Range for a Financial Analyst?
Depending on the work setting and state where Financial Analysts are employed, the U.S. Bureau of Labor Statistics (BLS) noted that in 2016, Financial Analysts made between $50,000 and $165,000, with the average annual salary being approximately $98,000.
How Many Financial 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 |
| 50,610 | 1.3% | $46.94 | $97,640 | 1.0% |
*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 Financial Analyst is as follows:
| Percentile | 10% | 25% | 50% (Median) | 75% | 90% |
| Hourly Wage | $24.21 | $30.11 | $39.31 | $53.73 | $79.38 |
Where Are Most Financial 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 |
| New York | 49,090 | 5.39 | 2.69 | $62.33 | $129,640 |
| California | 34,100 | 2.14 | 1.06 | $52.72 | $109,650 |
| Texas | 23,710 | 2.02 | 1.01 | $44.67 | $92,920 |
| Illinois | 13,840 | 2.34 | 1.17 | $46.32 | $96,350 |
| Massachusetts | 13,700 | 3.96 | 1.97 | $46.49 | $96,700 |
Financial Analyst Overtime Pay Lawsuit News
Financial Analyst Overtime Pay Lawsuit News
Read All Financial Analyst News on Overtime Pay Cases and Settlements
What are the Laws for Financial Analyst Overtime Pay?
Under the Fair Labor Standards Act, Financial Analysts are often entitled to overtime pay for all hours worked over 40 in one week. If an employer denies a Financial 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 Financial 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 Financial Analysts. There are strict time deadlines for filing lawsuits so it is essential that you contact an attorney immediately.
Is a Financial Analyst Entitled to Overtime Pay?
Because Financial Analysts perform essential duties affecting investment programs, 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 Financial 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 Financial 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 Financial 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 Financial 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.
Financial Analyst Overtime Pay Lawyer Review
