WITHDRAWN H-1B FY 2022

Sales Practice Manager - KBGFJG68629-2

HSBC Bank USA, N.A · Atlanta, Georgia

Case #I-200-22060-940508

A Sales Practice Manager - KBGFJG68629-2 position at HSBC Bank USA, N.A in Atlanta, Georgia was filed at $93k per year, offering 4% above the prevailing wage of $89k. The case was processed in 0 days during the FY FY2022 cycle. This position is for continued employment.

$93k
Annual Salary
$89k
Prevailing Wage
+3.8%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-22060-940508
Case StatusWithdrawn
Visa ClassH-1B
Fiscal YearFY 2022
EmployerHSBC Bank USA, N.A
Employer LocationBuffalo, New York
Job TitleSales Practice Manager - KBGFJG68629-2
SOC Code41-303100 – Securities, Commodities, and Financial Services Sales Agents
WorksiteAtlanta, Georgia
Annual Wage$93k
Prevailing Wage$89k
Wage Premium+3.8%
Positions1 (0 new, 1 continued)

Timeline

Mar 1, 2022
Received
Mar 1, 2022
Decision
Mar 10, 2022
Employment Start
Mar 9, 2025
Employment End

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by HSBC Bank USA, N.A for the position of Sales Practice Manager - KBGFJG68629-2 in Atlanta, Georgia. The offered annual salary is $93k, compared to the prevailing wage of $89k for this occupation and location. This represents a wage premium of +3.8% 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Case status: Withdrawn.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, HSBC Bank USA, N.A filed LCA case number I-200-22060-940508 to sponsor a Sales Practice Manager - KBGFJG68629-2 position at their worksite in Atlanta, Georgia. 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 $93k compares to the DOL prevailing wage of $89k for Securities, Commodities, and Financial Services Sales Agents positions in the Atlanta, Georgia area. The positive wage premium of +3.8% 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.

Comparing to Industry Standards

The offered salary of $93k for this Sales Practice Manager - KBGFJG68629-2 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 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 Sales Practice Manager - KBGFJG68629-2 position?

The offered annual salary for this Sales Practice Manager - KBGFJG68629-2 position at HSBC Bank USA, N.A is $93k. The Department of Labor prevailing wage for this occupation and location is $89k. The offered wage represents a +3.8% premium over the prevailing wage.

Where is this Sales Practice Manager - KBGFJG68629-2 job located?

This H-1B filing is for a position located in Atlanta, Georgia. The employing company, HSBC Bank USA, N.A, is headquartered in Buffalo, 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 HSBC Bank USA, N.A, located in Buffalo, New York. HSBC Bank USA, N.A filed this Labor Condition Application (case number I-200-22060-940508) for a Sales Practice Manager - KBGFJG68629-2 position during fiscal year FY 2022. View all HSBC Bank USA, N.A 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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