CERTIFIED - WITHDRAWN H-1B FY 2022

Associate Vice President

Institutional Shareholder Services Inc. · Derwood, Maryland

Case #I-200-21292-652817

Institutional Shareholder Services Inc. filed an H-1B petition for a Associate Vice President position in Derwood, Maryland at $96k per year — 0% above the prevailing wage of $96k. The case was certified in 330 days during the FY FY2022 cycle. This position is for continued employment.

$96k
Annual Salary
$96k
Prevailing Wage
0.0%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-21292-652817
Case StatusCertified - Withdrawn
Visa ClassH-1B
Fiscal YearFY 2022
EmployerInstitutional Shareholder Services Inc.
Employer LocationRockville, Maryland
Job TitleAssociate Vice President
SOC Code15-204100 – Statisticians
WorksiteDerwood, Maryland
Annual Wage$96k
Prevailing Wage$96k
Wage Premium0.0%
Positions1 (0 new, 0 continued)

Timeline

Oct 19, 2021
Received
Sep 14, 2022
Decision
Dec 1, 2021
Employment Start
Nov 30, 2024
Employment End

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by Institutional Shareholder Services Inc. for the position of Associate Vice President in Derwood, Maryland. The offered annual salary is $96k, compared to the prevailing wage of $96k 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Case status: Certified - Withdrawn.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, Institutional Shareholder Services Inc. filed LCA case number I-200-21292-652817 to sponsor a Associate Vice President position at their worksite in Derwood, 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 $96k compares to the DOL prevailing wage of $96k for Statisticians positions in the Derwood, Maryland 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 - 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.

Processing Time

This LCA was received by the DOL on Oct 19, 2021 and a decision was rendered on Sep 14, 2022, a processing time of approximately 330 business days. The standard DOL processing time for LCA applications is 7 to 10 business days. This application took longer than the standard timeframe, which may indicate additional review was required.

Comparing to Industry Standards

The offered salary of $96k for this Associate Vice President 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 Associate Vice President position?

The offered annual salary for this Associate Vice President position at Institutional Shareholder Services Inc. is $96k. The Department of Labor prevailing wage for this occupation and location is $96k. The offered wage represents a 0.0% premium over the prevailing wage.

Where is this Associate Vice President job located?

This H-1B filing is for a position located in Derwood, Maryland. The employing company, Institutional Shareholder Services Inc., is headquartered in Rockville, 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 Institutional Shareholder Services Inc., located in Rockville, Maryland. Institutional Shareholder Services Inc. filed this Labor Condition Application (case number I-200-21292-652817) for a Associate Vice President position during fiscal year FY 2022. View all Institutional Shareholder Services Inc. H-1B filings.

What does LCA “Certified - 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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