WITHDRAWN H-1B1 CHILE FY 2021

Trader

Compass Group Holdings Inc. · Miami, Florida

Case #I-201-21264-597919

Compass Group Holdings Inc. filed an H-1B1 CHILE petition for a Trader position in Miami, Florida at $110k per year — 23% above the prevailing wage of $90k. The case was processed in 1 days during the FY FY2021 cycle. This position is for continued employment.

$110k
Annual Salary
$90k
Prevailing Wage
+22.8%
Wage Premium
1
Positions

Filing Details

Case NumberI-201-21264-597919
Case StatusWithdrawn
Visa ClassH-1B1 CHILE
Fiscal YearFY 2021
EmployerCompass Group Holdings Inc.
Employer LocationNew York, New York
Job TitleTrader
SOC Code41-303100 – Securities, Commodities, and Financial Services Sales Agents
WorksiteMiami, Florida
Annual Wage$110k
Prevailing Wage$90k
Wage Premium+22.8%
Positions1 (0 new, 1 continued)

Timeline

Sep 21, 2021
Received
Sep 22, 2021
Decision
Nov 10, 2021
Employment Start
May 10, 2023
Employment End

More Filings from Compass Group Holdings Inc.

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Client Advisor Analyst $125k CERTIFIED Jun 6, 2024
Vice President Client Advisor $222k CERTIFIED May 21, 2024
Client Advisor Analyst $125k CERTIFIED Aug 15, 2023

View all Compass Group Holdings Inc. filings →

Explore More

About This H-1B Filing

This Labor Condition Application (LCA) was filed by Compass Group Holdings Inc. for the position of Trader in Miami, Florida. The offered annual salary is $110k, compared to the prevailing wage of $90k for this occupation and location. This represents a wage premium of +22.8% 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Case status: Withdrawn. This means the employer or their representative withdrew the application.

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, Compass Group Holdings Inc. filed LCA case number I-201-21264-597919 to sponsor a Trader position at their worksite in Miami, Florida. 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 $110k compares to the DOL prevailing wage of $90k for Securities, Commodities, and Financial Services Sales Agents positions in the Miami, Florida area. The positive wage premium of +22.8% 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 Withdrawn Means for This Application

A "Certified-Withdrawn" status means this LCA was initially certified by the DOL but was later withdrawn by the employer. This can happen for various reasons: the foreign worker may have declined the position, found employment elsewhere, the employer may have decided to refile with updated information, or business conditions may have changed. A withdrawal does not negatively affect the employer's ability to file future LCAs.

Processing Time

This LCA was received by the DOL on Sep 21, 2021 and a decision was rendered on Sep 22, 2021, a processing time of approximately 1 business day. 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 $110k for this Trader position provides a data point for evaluating compensation trends in H-1B1 CHILE 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 41-303100 (Securities, Commodities, and Financial Services Sales Agents), 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 Trader position?

The offered annual salary for this Trader position at Compass Group Holdings Inc. is $110k. The Department of Labor prevailing wage for this occupation and location is $90k. The offered wage represents a +22.8% premium over the prevailing wage.

Where is this Trader job located?

This H-1B1 CHILE filing is for a position located in Miami, Florida. The employing company, Compass Group Holdings Inc., is headquartered in New York, New York.

What visa type is this filing for?

This Labor Condition Application is filed under the H-1B1 CHILE 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 Compass Group Holdings Inc., located in New York, New York. Compass Group Holdings Inc. filed this Labor Condition Application (case number I-201-21264-597919) for a Trader position during fiscal year FY 2021. View all Compass Group Holdings Inc. H-1B filings.

What does LCA “Withdrawn” mean?

Certified-Withdrawn means this LCA was initially certified by the DOL but was subsequently withdrawn by the employer or their authorized representative.

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