DENIED E-3 AUSTRALIAN FY 2024

Financial Manager

Axlerator, LLC · North Bethesda, Maryland

Case #I-203-24227-268155

Axlerator, LLC filed an E-3 AUSTRALIAN petition for a Financial Manager position in North Bethesda, Maryland at $225k per year — 44% above the prevailing wage of $157k. The case was denied in 5 days during the FY FY2024 cycle. This position is for new employment.

$225k
Annual Salary
$157k
Prevailing Wage
+43.6%
Wage Premium
1
Positions

Filing Details

Case NumberI-203-24227-268155
Case StatusDenied
Visa ClassE-3 AUSTRALIAN
Fiscal YearFY 2024
EmployerAxlerator, LLC
Employer LocationNorth Bethesda, Maryland
Job TitleFinancial Manager
SOC Code11-303100 – Financial Managers
WorksiteNorth Bethesda, Maryland
Annual Wage$225k
Prevailing Wage$157k
Wage Premium+43.6%
Positions1 (1 new, 0 continued)

Timeline

Aug 14, 2024
Received
Aug 19, 2024
Decision
Aug 14, 2024
Employment Start
Aug 14, 2026
Employment End

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by Axlerator, LLC for the position of Financial Manager in North Bethesda, Maryland. The offered annual salary is $225k, compared to the prevailing wage of $157k for this occupation and location. This represents a wage premium of +43.6% 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, Axlerator, LLC filed LCA case number I-203-24227-268155 to sponsor a Financial Manager position at their worksite in North Bethesda, 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 $225k compares to the DOL prevailing wage of $157k for Financial Managers positions in the North Bethesda, Maryland area. The positive wage premium of +43.6% 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 Axlerator, LLC'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 Aug 14, 2024 and a decision was rendered on Aug 19, 2024, a processing time of approximately 5 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 $225k for this Financial Manager 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 11-303100 (Financial Managers), 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 Manager position?

The offered annual salary for this Financial Manager position at Axlerator, LLC is $225k. The Department of Labor prevailing wage for this occupation and location is $157k. The offered wage represents a +43.6% premium over the prevailing wage.

Where is this Financial Manager job located?

This E-3 AUSTRALIAN filing is for a position located in North Bethesda, Maryland. The employing company, Axlerator, LLC, is headquartered in North Bethesda, 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 Axlerator, LLC, located in North Bethesda, Maryland. Axlerator, LLC filed this Labor Condition Application (case number I-203-24227-268155) for a Financial Manager position during fiscal year FY 2024. View all Axlerator, LLC 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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