WITHDRAWN H-1B FY 2024

Financial Qualitative Analyst

FJP Logistics Inc. · Columbia, Maryland

Case #I-200-24121-940447

In FY2024, FJP Logistics Inc. sought H-1B sponsorship for a Financial Qualitative Analyst in Columbia, Maryland at $60k per year, which is 5% above the prevailing wage of $57k. The case was processed in 0 days during the FY FY2024 cycle. This position is for new employment.

$60k
Annual Salary
$57k
Prevailing Wage
+5.0%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-24121-940447
Case StatusWithdrawn
Visa ClassH-1B
Fiscal YearFY 2024
EmployerFJP Logistics Inc.
Employer LocationColumbia, Maryland
Job TitleFinancial Qualitative Analyst
SOC Code13-209901 – Financial Quantitative Analysts
WorksiteColumbia, Maryland
Annual Wage$60k
Prevailing Wage$57k
Wage Premium+5.0%
Positions1 (1 new, 0 continued)

Timeline

Apr 30, 2024
Received
Apr 30, 2024
Decision
Oct 1, 2024
Employment Start
Sep 30, 2027
Employment End

More Filings from FJP Logistics Inc.

Job TitleSalaryStatusDate
General and Operations Managers $54k CERTIFIED Jun 18, 2024
General and Operations Managers $54k WITHDRAWN Jun 17, 2024
Financial Qualitative Analyst $72k CERTIFIED May 3, 2024
Logistician $67k CERTIFIED Feb 22, 2023

View all FJP Logistics Inc. filings →

Explore More

About This H-1B Filing

This Labor Condition Application (LCA) was filed by FJP Logistics Inc. for the position of Financial Qualitative Analyst in Columbia, Maryland. The offered annual salary is $60k, compared to the prevailing wage of $57k for this occupation and location. This represents a wage premium of +5.0% 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Case status: Withdrawn.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, FJP Logistics Inc. filed LCA case number I-200-24121-940447 to sponsor a Financial Qualitative Analyst position at their worksite in Columbia, 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 $60k compares to the DOL prevailing wage of $57k for Financial Quantitative Analysts positions in the Columbia, Maryland area. The positive wage premium of +5.0% 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 $60k for this Financial Qualitative Analyst 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 13-209901 (Financial Quantitative Analysts), 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 Qualitative Analyst position?

The offered annual salary for this Financial Qualitative Analyst position at FJP Logistics Inc. is $60k. The Department of Labor prevailing wage for this occupation and location is $57k. The offered wage represents a +5.0% premium over the prevailing wage.

Where is this Financial Qualitative Analyst job located?

This H-1B filing is for a position located in Columbia, Maryland. The employing company, FJP Logistics Inc., is headquartered in Columbia, Maryland.

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 FJP Logistics Inc., located in Columbia, Maryland. FJP Logistics Inc. filed this Labor Condition Application (case number I-200-24121-940447) for a Financial Qualitative Analyst position during fiscal year FY 2024. View all FJP Logistics 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.

Related Guides