Loan Officer Cook County, IL - Wage, How to get hired for a job
What is the hourly wage - Loan Officer Cook County, IL?
How to get hired for a job - Loan Officer Cook County, IL?
Average hourly pay for the job: Loan Officer Cook County, IL - USD 37
Mean wage Cook County, IL - USD 29.01
The salary range is determined by the number of years of related experience:
20+ years of experience: + 15%
Up to 20 years of experience: + 7%
Up to 10 years of experience: - 12%
Employee benefits
Retirement plan: Yes, often provided by an employer.
Health insurance plan: Employer-sponsored cover is typically provided. Different health benefits plan provides different levels of financial protection for individuals and the scope of coverage can vary widely.
Companies provide training and development programs for their employees: Yes, up to 25 hours of training per year.
Companies provide career development opportunities: Yes, companies offer programs that will help you to advance or to be a better manager.
Licenses and Certifications: Although generally not required, certification demonstrates that a person has gained knowledge and experience and thus may enhance a candidate’s employment opportunities.
Typical Job Requirements and Qualifications
Required education level: At least a bachelor’s degree
Computer literate: Required
Probationary period: Often required by employers
English proficiency requirements: Standard or higher level of English language proficiency may be required.
Driver's license: Required
Work experience: Impact on the pay - Medium
Bonus program may include very significant profit-sharing bonuses.
Required on-the job training: New hires in entry-level jobs often receive on-the-job training from those in senior positions or participate in a formal training program.
Types of employment:
Full-Time Job
Contract employment
Online Job
Job category: banking and finance jobs
Work Schedule and Paid Leave Benefits
Workweek: Monday - Friday (employer may require "alternative workweek schedule")
Usual number of working hours per workweek: 40
Overtime: Often; Overtime pay must be at a rate of not less than one and one-half times an employee's regular rate of pay after 40 hours of work in a workweek.
Minimum number of paid vacation days: 0 (There is no Federal law that requires an employer to provide paid vacations. Paid vacation is at the discretion of the employers to its employees. Some employers in the USA offer no vacation at all. The average number of paid vacation days offered by employers in the USA is 10 days after 1 year of service, 14 days after 5 years, 17 days after 10 years, and 20 days after 20 years.)
Paid holidays: There is no state statutory minimum paid public holidays.
Meal period: Federal law does not require lunch or coffee breaks. However, most employers choose to give their employees meal periods.
Meal period duration: At least 20 minutes, no later than 5 hours after the start of the work period, to employees who work at least 7 ½ continuous hours.
Flexible work schedule: Mostly depends on employer's policies. Employee may ask their employer for flexible working schedule.
Companies in Cook County, IL, with the highest published employment and wages for this occupation - loan officer, are banks and financial institutions.
Facts and Figures Cook County, IL
State abbreviation: n/a
Total area: 1,635 mi2
Population: 5,150,233
Estimated Number of Jobs: 2,361,800
Minimum hourly wage: $9.25
Median household income: $69,375
Retirement age: 66 years and 2 months
Here you can see average wages for different jobs - Cook County, IL
Here you can see average wages for different jobs - Illinois
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