INVERSIONES SURA CORP · MIAMI, Florida
Case #I-201-22056-933748
In FY2022, INVERSIONES SURA CORP sought H-1B1 CHILE sponsorship for a CHIEF EXECUTIVE in MIAMI, Florida at $197k per year, which is 0% above the prevailing wage of $197k. The case was denied in 6 days during the FY FY2022 cycle. This position is for new employment.
| Case Number | I-201-22056-933748 |
| Case Status | Denied |
| Visa Class | H-1B1 CHILE |
| Fiscal Year | FY 2022 |
| Employer | INVERSIONES SURA CORP |
| Employer Location | MIAMI, Florida |
| Job Title | CHIEF EXECUTIVE |
| SOC Code | 11-101100 – Chief Executives |
| Worksite | MIAMI, Florida |
| Annual Wage | $197k – $204k |
| Prevailing Wage | $197k |
| Wage Premium | 0.0% |
| Positions | 1 (1 new, 0 continued) |
| Job Title | Salary | Status | Date |
|---|---|---|---|
| CHIEF EXECUTIVE | $226k | CERTIFIED | Oct 17, 2022 |
| CHIEF EXECUTIVE | $197k | CERTIFIED | Mar 7, 2022 |
This Labor Condition Application (LCA) was filed by INVERSIONES SURA CORP for the position of CHIEF EXECUTIVE in MIAMI, Florida. The offered annual salary is $197k, compared to the prevailing wage of $197k 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: Denied. This means the Department of Labor has denied the application, possibly due to wage or documentation issues.
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.
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, INVERSIONES SURA CORP filed LCA case number I-201-22056-933748 to sponsor a CHIEF EXECUTIVE position at their worksite in MIAMI, Florida. 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.
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 $197k compares to the DOL prevailing wage of $197k for Chief Executives positions in the MIAMI, Florida area. The positive wage premium of 0.0% indicates the employer is offering above the DOL-determined average for this occupation and location.
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.
A "Denied" status means the DOL has determined that INVERSIONES SURA CORP's LCA did not meet one or more regulatory requirements. Common reasons for denial include: the offered wage falling below the prevailing wage, errors in the application, failure to properly attest to working conditions, or prior violations by the employer. The employer may correct the identified issues and submit a new LCA.
This LCA was received by the DOL on Feb 25, 2022 and a decision was rendered on Mar 3, 2022, 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.
The offered salary of $197k for this CHIEF EXECUTIVE position provides a data point for evaluating compensation trends in H-1B1 CHILE 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 11-101100 (Chief Executives), 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.
The offered annual salary for this CHIEF EXECUTIVE position at INVERSIONES SURA CORP is $197k to $204k. The Department of Labor prevailing wage for this occupation and location is $197k. The offered wage represents a 0.0% premium over the prevailing wage.
This H-1B1 CHILE filing is for a position located in MIAMI, Florida. The employing company, INVERSIONES SURA CORP, is headquartered in MIAMI, Florida.
This Labor Condition Application is filed under the H-1B1 CHILE visa classification. This visa classification allows employers to hire foreign workers for specialty occupation positions in the United States.
The employer for this filing is INVERSIONES SURA CORP, located in MIAMI, Florida. INVERSIONES SURA CORP filed this Labor Condition Application (case number I-201-22056-933748) for a CHIEF EXECUTIVE position during fiscal year FY 2022. View all INVERSIONES SURA CORP H-1B filings.
Denied means the U.S. Department of Labor has rejected this Labor Condition Application. Common reasons for denial include offering a wage below the prevailing wage, incomplete documentation, failure to properly attest to working conditions, or prior violations.