WITHDRAWN H-1B FY 2025

Senior Software Development Engineer

DriveWealth Technologies LLC · New York, New York

Case #I-200-25241-277251

In FY2025, DriveWealth Technologies LLC sought H-1B sponsorship for a Senior Software Development Engineer in New York, New York at $201k per year, which is 6% above the prevailing wage of $190k. The case was processed in 0 days during the FY FY2025 cycle. This position is for continued employment.

$201k
Annual Salary
$190k
Prevailing Wage
+6.0%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-25241-277251
Case StatusWithdrawn
Visa ClassH-1B
Fiscal YearFY 2025
EmployerDriveWealth Technologies LLC
Employer LocationNew York, New York
Job TitleSenior Software Development Engineer
SOC Code15-125200 – Software Developers
WorksiteNew York, New York
Annual Wage$201k
Prevailing Wage$190k
Wage Premium+6.0%
Positions1 (0 new, 0 continued)

Timeline

Aug 29, 2025
Received
Aug 29, 2025
Decision
Dec 5, 2025
Employment Start
Dec 4, 2028
Employment End

More Filings from DriveWealth Technologies LLC

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Senior QA Engineer $175k CERTIFIED Sep 23, 2025
Principal Site Reliability Engineer $194k CERTIFIED Sep 17, 2025
Senior QA Engineer $155k CERTIFIED Sep 15, 2025
Senior Software Development Engineer $201k CERTIFIED Aug 29, 2025
Senior Software Development Engineer $200k CERTIFIED Aug 1, 2025

View all DriveWealth Technologies LLC filings →

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by DriveWealth Technologies LLC for the position of Senior Software Development Engineer in New York, New York. The offered annual salary is $201k, compared to the prevailing wage of $190k for this occupation and location. This represents a wage premium of +6.0% 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Case status: Withdrawn.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, DriveWealth Technologies LLC filed LCA case number I-200-25241-277251 to sponsor a Senior Software Development Engineer position at their worksite in New York, New York. 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 $201k compares to the DOL prevailing wage of $190k for Software Developers positions in the New York, New York area. The positive wage premium of +6.0% 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 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.

Comparing to Industry Standards

The offered salary of $201k for this Senior Software Development Engineer 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 15-125200 (Software Developers), 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 Senior Software Development Engineer position?

The offered annual salary for this Senior Software Development Engineer position at DriveWealth Technologies LLC is $201k. The Department of Labor prevailing wage for this occupation and location is $190k. The offered wage represents a +6.0% premium over the prevailing wage.

Where is this Senior Software Development Engineer job located?

This H-1B filing is for a position located in New York, New York. The employing company, DriveWealth Technologies LLC, is headquartered in New York, New York.

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 DriveWealth Technologies LLC, located in New York, New York. DriveWealth Technologies LLC filed this Labor Condition Application (case number I-200-25241-277251) for a Senior Software Development Engineer position during fiscal year FY 2025. View all DriveWealth Technologies LLC 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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