CERTIFIED H-1B FY 2024

Quantitative Analytics Professional A

Federal Home Loan Mortgage Corporation · McLean, Virginia

Case #I-200-24047-725148

A Quantitative Analytics Professional A position at Federal Home Loan Mortgage Corporation in McLean, Virginia was filed at $113k per year, offering 11% above the prevailing wage of $102k. The case was certified in 10 days during the FY FY2024 cycle. This position is for continued employment.

$113k
Annual Salary
up to $140k
$102k
Prevailing Wage
+10.6%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-24047-725148
Case StatusCertified
Visa ClassH-1B
Fiscal YearFY 2024
EmployerFederal Home Loan Mortgage Corporation
Employer LocationMcLean, Virginia
Job TitleQuantitative Analytics Professional A
SOC Code15-204100 – Statisticians
WorksiteMcLean, Virginia
Annual Wage$113k – $140k
Prevailing Wage$102k
Wage Premium+10.6%
Positions1 (0 new, 0 continued)

Timeline

Feb 16, 2024
Received
Feb 26, 2024
Decision
Feb 22, 2024
Employment Start
Feb 21, 2027
Employment End

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by Federal Home Loan Mortgage Corporation for the position of Quantitative Analytics Professional A in McLean, Virginia. The offered annual salary is $113k, compared to the prevailing wage of $102k for this occupation and location. This represents a wage premium of +10.6% 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: 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, Federal Home Loan Mortgage Corporation filed LCA case number I-200-24047-725148 to sponsor a Quantitative Analytics Professional A position at their worksite in McLean, 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 $113k compares to the DOL prevailing wage of $102k for Statisticians positions in the McLean, Virginia area. The positive wage premium of +10.6% 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 Certified Means for This Application

A "Certified" status means the DOL has reviewed Federal Home Loan Mortgage Corporation's attestations and determined that the LCA meets all regulatory requirements. The employer has demonstrated that the offered wage of $113k meets or exceeds the prevailing wage for Quantitative Analytics Professional A positions in the McLean, 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 Feb 16, 2024 and a decision was rendered on Feb 26, 2024, a processing time of approximately 10 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 $113k for this Quantitative Analytics Professional A 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 15-204100 (Statisticians), 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 Quantitative Analytics Professional A position?

The offered annual salary for this Quantitative Analytics Professional A position at Federal Home Loan Mortgage Corporation is $113k to $140k. The Department of Labor prevailing wage for this occupation and location is $102k. The offered wage represents a +10.6% premium over the prevailing wage.

Where is this Quantitative Analytics Professional A job located?

This H-1B filing is for a position located in McLean, Virginia. The employing company, Federal Home Loan Mortgage Corporation, is headquartered in McLean, Virginia.

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 Federal Home Loan Mortgage Corporation, located in McLean, Virginia. Federal Home Loan Mortgage Corporation filed this Labor Condition Application (case number I-200-24047-725148) for a Quantitative Analytics Professional A position during fiscal year FY 2024. View all Federal Home Loan Mortgage Corporation H-1B filings.

What does LCA “Certified” mean?

Certified means the U.S. Department of Labor has approved this Labor Condition Application, confirming that Federal Home Loan Mortgage Corporation 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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