CERTIFIED H-1B FY 2023

Financial Analysts

Good Deal Insurance Services · Hacienda Heights, California

Case #I-200-23196-191943

In FY2023, Good Deal Insurance Services sought H-1B sponsorship for a Financial Analysts in Hacienda Heights, California at $86k per year, which is 0% above the prevailing wage of $86k. The case was certified in 6 days during the FY FY2023 cycle. This position is for continued employment.

$86k
Annual Salary
up to $86k
$86k
Prevailing Wage
0.0%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-23196-191943
Case StatusCertified
Visa ClassH-1B
Fiscal YearFY 2023
EmployerGood Deal Insurance Services
Employer LocationHacienda Heights, California
Job TitleFinancial Analysts
SOC Code13-205100 – Financial and Investment Analysts
WorksiteHacienda Heights, California
Annual Wage$86k – $86k
Prevailing Wage$86k
Wage Premium0.0%
Positions1 (0 new, 0 continued)

Timeline

Jul 15, 2023
Received
Jul 21, 2023
Decision
Aug 1, 2023
Employment Start
Jul 31, 2026
Employment End

More Filings from Good Deal Insurance Services

Job TitleSalaryStatusDate
Staff Accountant $62k CERTIFIED Jun 11, 2025
Financial Analyst $94k CERTIFIED Apr 4, 2025
Financial Analysts $86k CERTIFIED Jul 8, 2023
Financial Analysts $86k CERTIFIED Jul 6, 2023
Staff Accountant $48k CERTIFIED May 31, 2022

View all Good Deal Insurance Services filings →

Explore More

About This H-1B Filing

This Labor Condition Application (LCA) was filed by Good Deal Insurance Services for the position of Financial Analysts in Hacienda Heights, California. The offered annual salary is $86k, compared to the prevailing wage of $86k 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, Good Deal Insurance Services filed LCA case number I-200-23196-191943 to sponsor a Financial Analysts position at their worksite in Hacienda Heights, California. 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 $86k compares to the DOL prevailing wage of $86k for Financial and Investment Analysts positions in the Hacienda Heights, California 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 Good Deal Insurance Services's attestations and determined that the LCA meets all regulatory requirements. The employer has demonstrated that the offered wage of $86k meets or exceeds the prevailing wage for Financial Analysts positions in the Hacienda Heights, California 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 Jul 15, 2023 and a decision was rendered on Jul 21, 2023, a processing time of approximately 6 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 $86k for this Financial Analysts 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 13-205100 (Financial and Investment 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 Analysts position?

The offered annual salary for this Financial Analysts position at Good Deal Insurance Services is $86k to $86k. The Department of Labor prevailing wage for this occupation and location is $86k. The offered wage represents a 0.0% premium over the prevailing wage.

Where is this Financial Analysts job located?

This H-1B filing is for a position located in Hacienda Heights, California. The employing company, Good Deal Insurance Services, is headquartered in Hacienda Heights, California.

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 Good Deal Insurance Services, located in Hacienda Heights, California. Good Deal Insurance Services filed this Labor Condition Application (case number I-200-23196-191943) for a Financial Analysts position during fiscal year FY 2023. View all Good Deal Insurance Services H-1B filings.

What does LCA “Certified” mean?

Certified means the U.S. Department of Labor has approved this Labor Condition Application, confirming that Good Deal Insurance Services 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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