CERTIFIED H-1B FY 2022

Vice President / Production Services Lead

BANK OF AMERICA N.A. · Richmond, Virginia

Case #I-200-22124-134210

BANK OF AMERICA N.A. filed an H-1B petition for a Vice President / Production Services Lead position in Richmond, Virginia at $118k per year — 0% above the prevailing wage of $118k. The case was certified in 7 days during the FY FY2022 cycle. This position is for continued employment.

$118k
Annual Salary
$118k
Prevailing Wage
0.0%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-22124-134210
Case StatusCertified
Visa ClassH-1B
Fiscal YearFY 2022
EmployerBANK OF AMERICA N.A.
Employer LocationCHARLOTTE, North Carolina
Job TitleVice President / Production Services Lead
SOC Code15-113200 – Software Developers, Applications
WorksiteRichmond, Virginia
Annual Wage$118k
Prevailing Wage$118k
Wage Premium0.0%
Positions1 (0 new, 1 continued)

Timeline

May 4, 2022
Received
May 11, 2022
Decision
Oct 21, 2022
Employment Start
Oct 20, 2025
Employment End

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by BANK OF AMERICA N.A. for the position of Vice President / Production Services Lead in Richmond, Virginia. The offered annual salary is $118k, compared to the prevailing wage of $118k for this occupation and location. This represents a wage premium of 0.0% 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: Certified. This means the Department of Labor has certified that the employer meets the wage and working condition requirements.

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, BANK OF AMERICA N.A. filed LCA case number I-200-22124-134210 to sponsor a Vice President / Production Services Lead position at their worksite in Richmond, Virginia. 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 $118k compares to the DOL prevailing wage of $118k for Software Developers, Applications positions in the Richmond, Virginia area. The positive wage premium of 0.0% 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 Certified Means for This Application

A "Certified" status means the DOL has reviewed BANK OF AMERICA N.A.'s attestations and determined that the LCA meets all regulatory requirements. The employer has demonstrated that the offered wage of $118k meets or exceeds the prevailing wage for Vice President / Production Services Lead positions in the Richmond, Virginia area. It is important to understand that LCA certification does not guarantee H-1B visa approval. The next step is for the employer to file Form I-129 with USCIS, which evaluates whether the position qualifies as a specialty occupation and whether the beneficiary has the required qualifications.

Processing Time

This LCA was received by the DOL on May 4, 2022 and a decision was rendered on May 11, 2022, a processing time of approximately 7 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 $118k for this Vice President / Production Services Lead position provides a data point for evaluating compensation trends in H-1B 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 15-113200 (Software Developers, Applications), 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 Vice President / Production Services Lead position?

The offered annual salary for this Vice President / Production Services Lead position at BANK OF AMERICA N.A. is $118k. The Department of Labor prevailing wage for this occupation and location is $118k. The offered wage represents a 0.0% premium over the prevailing wage.

Where is this Vice President / Production Services Lead job located?

This H-1B filing is for a position located in Richmond, Virginia. The employing company, BANK OF AMERICA N.A., is headquartered in CHARLOTTE, North Carolina.

What visa type is this filing for?

This Labor Condition Application is filed under the H-1B visa classification. The H-1B visa is designed for specialty occupation workers who possess at least a bachelor's degree or equivalent in a specific field related to the job.

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

The employer for this filing is BANK OF AMERICA N.A., located in CHARLOTTE, North Carolina. BANK OF AMERICA N.A. filed this Labor Condition Application (case number I-200-22124-134210) for a Vice President / Production Services Lead position during fiscal year FY 2022. View all BANK OF AMERICA N.A. H-1B filings.

What does LCA “Certified” mean?

Certified means the U.S. Department of Labor has approved this Labor Condition Application, confirming that BANK OF AMERICA N.A. has attested to meeting all wage and working condition requirements. A certified LCA does not guarantee H-1B visa approval — the employer must still file a separate petition (Form I-129) with USCIS.

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