DENIED E-3 AUSTRALIAN FY 2023

Financial Analyst

Artifex Distribution Acquisition Corporation · Hanover, Maryland

Case #I-203-23058-806683

A Financial Analyst position at Artifex Distribution Acquisition Corporation in Hanover, Maryland was filed at $85k per year, offering 2% above the prevailing wage of $84k. The case was denied in 2 days during the FY FY2023 cycle. This position is for new employment.

$85k
Annual Salary
up to $100k
$84k
Prevailing Wage
+1.8%
Wage Premium
1
Positions

Filing Details

Case NumberI-203-23058-806683
Case StatusDenied
Visa ClassE-3 AUSTRALIAN
Fiscal YearFY 2023
EmployerArtifex Distribution Acquisition Corporation
Employer LocationHanover, Maryland
Job TitleFinancial Analyst
SOC Code13-205100 – Financial and Investment Analysts
WorksiteHanover, Maryland
Annual Wage$85k – $100k
Prevailing Wage$84k
Wage Premium+1.8%
Positions1 (1 new, 0 continued)

Timeline

Feb 27, 2023
Received
Mar 1, 2023
Decision
Mar 13, 2023
Employment Start
Mar 12, 2025
Employment End

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by Artifex Distribution Acquisition Corporation for the position of Financial Analyst in Hanover, Maryland. The offered annual salary is $85k, compared to the prevailing wage of $84k for this occupation and location. This represents a wage premium of +1.8% above the prevailing wage.

The LCA is the first step in the H-1B visa process. Employers must file an LCA with the Department of Labor certifying that they will pay the foreign worker at least the prevailing wage for the occupation in the area of intended employment. A certified LCA is required before the employer can file an H-1B petition with USCIS.

Case status: Denied. This means the Department of Labor has denied the application, possibly due to wage or documentation issues.

Understanding This LCA Filing

A Labor Condition Application (LCA) is a mandatory document that U.S. employers must file with the U.S. Department of Labor (DOL) before they can petition for a foreign worker under the H-1B, H-1B1, or E-3 visa categories. The LCA process was established under the Immigration and Nationality Act (INA) to protect both foreign and domestic workers by ensuring fair wages and working conditions.

Why Employers File LCAs

When a U.S. company identifies a foreign national to fill a specialty occupation position, they must first obtain DOL certification through the LCA process before filing the H-1B petition (Form I-129) with U.S. Citizenship and Immigration Services (USCIS). In this case, Artifex Distribution Acquisition Corporation filed LCA case number I-203-23058-806683 to sponsor a Financial Analyst position at their worksite in Hanover, Maryland. By filing this LCA, the employer attests to four key conditions: (1) paying the higher of the actual wage or prevailing wage, (2) providing working conditions that will not adversely affect other similarly employed workers, (3) no strike or lockout at the worksite, and (4) providing notice of the filing to the bargaining representative or posting notice at the worksite.

What Wage Levels Mean

The DOL establishes four wage levels for each occupation and geographic area, representing the progression from entry-level to fully competent workers:

For this filing, the offered wage of $85k compares to the DOL prevailing wage of $84k for Financial and Investment Analysts positions in the Hanover, Maryland area. The positive wage premium of +1.8% indicates the employer is offering above the DOL-determined average for this occupation and location.

What is Prevailing Wage?

The prevailing wage is the average wage paid to similarly employed workers in a specific occupation in the area of intended employment. The DOL determines prevailing wages using data from the Occupational Employment and Wage Statistics (OEWS) survey conducted by the Bureau of Labor Statistics (BLS). Employers must pay H-1B workers the higher of the prevailing wage or the actual wage paid to other employees in similar positions at the company. This requirement is designed to prevent employers from using H-1B workers to undercut domestic wages.

How to Interpret This Data

What Denied Means for This Application

A "Denied" status means the DOL has determined that Artifex Distribution Acquisition Corporation's LCA did not meet one or more regulatory requirements. Common reasons for denial include: the offered wage falling below the prevailing wage, errors in the application, failure to properly attest to working conditions, or prior violations by the employer. The employer may correct the identified issues and submit a new LCA.

Processing Time

This LCA was received by the DOL on Feb 27, 2023 and a decision was rendered on Mar 1, 2023, a processing time of approximately 2 business days. The standard DOL processing time for LCA applications is 7 to 10 business days. This application was processed within the standard timeframe.

Comparing to Industry Standards

The offered salary of $85k for this Financial Analyst position provides a data point for evaluating compensation trends in E-3 AUSTRALIAN visa sponsorship. When reviewing H-1B salary data, consider that wages vary significantly based on geographic location, employer size, industry sector, and the worker's experience level. This position falls under SOC code 13-205100 (Financial and Investment Analysts), which standardizes how the Bureau of Labor Statistics classifies occupations across industries. Metropolitan areas like New York, San Francisco, and Seattle typically command higher salaries due to higher costs of living, while positions in smaller markets may offer lower nominal wages but comparable purchasing power.

Frequently Asked Questions

What is the salary for this Financial Analyst position?

The offered annual salary for this Financial Analyst position at Artifex Distribution Acquisition Corporation is $85k to $100k. The Department of Labor prevailing wage for this occupation and location is $84k. The offered wage represents a +1.8% premium over the prevailing wage.

Where is this Financial Analyst job located?

This E-3 AUSTRALIAN filing is for a position located in Hanover, Maryland. The employing company, Artifex Distribution Acquisition Corporation, is headquartered in Hanover, Maryland.

What visa type is this filing for?

This Labor Condition Application is filed under the E-3 AUSTRALIAN visa classification. This visa classification allows employers to hire foreign workers for specialty occupation positions in the United States.

Who is the employer for this H-1B filing?

The employer for this filing is Artifex Distribution Acquisition Corporation, located in Hanover, Maryland. Artifex Distribution Acquisition Corporation filed this Labor Condition Application (case number I-203-23058-806683) for a Financial Analyst position during fiscal year FY 2023. View all Artifex Distribution Acquisition Corporation H-1B filings.

What does LCA “Denied” mean?

Denied means the U.S. Department of Labor has rejected this Labor Condition Application. Common reasons for denial include offering a wage below the prevailing wage, incomplete documentation, failure to properly attest to working conditions, or prior violations.

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