CERTIFIED H-1B FY 2022

Analyst, Financial and Technical Analysis

London Stock Exchange Group Holdings, Inc. · Buffalo, New York

Case #I-200-22124-134278

In FY2022, London Stock Exchange Group Holdings, Inc. sought H-1B sponsorship for a Analyst, Financial and Technical Analysis in Buffalo, New York at $60k per year, which is 12% above the prevailing wage of $54k. The case was certified in 7 days during the FY FY2022 cycle. This position is for new employment.

$60k
Annual Salary
$54k
Prevailing Wage
+12.1%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-22124-134278
Case StatusCertified
Visa ClassH-1B
Fiscal YearFY 2022
EmployerLondon Stock Exchange Group Holdings, Inc.
Employer LocationNew York, New York
Job TitleAnalyst, Financial and Technical Analysis
SOC Code13-209901 – Financial Quantitative Analysts
WorksiteBuffalo, New York
Annual Wage$60k
Prevailing Wage$54k
Wage Premium+12.1%
Positions1 (1 new, 0 continued)

Timeline

May 4, 2022
Received
May 11, 2022
Decision
Oct 1, 2022
Employment Start
Sep 30, 2025
Employment End

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by London Stock Exchange Group Holdings, Inc. for the position of Analyst, Financial and Technical Analysis in Buffalo, New York. The offered annual salary is $60k, compared to the prevailing wage of $54k for this occupation and location. This represents a wage premium of +12.1% 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, London Stock Exchange Group Holdings, Inc. filed LCA case number I-200-22124-134278 to sponsor a Analyst, Financial and Technical Analysis position at their worksite in Buffalo, New York. 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 $54k for Financial Quantitative Analysts positions in the Buffalo, New York area. The positive wage premium of +12.1% 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 London Stock Exchange Group Holdings, Inc.'s attestations and determined that the LCA meets all regulatory requirements. The employer has demonstrated that the offered wage of $60k meets or exceeds the prevailing wage for Analyst, Financial and Technical Analysis positions in the Buffalo, New York 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 May 4, 2022 and a decision was rendered on May 11, 2022, a processing time of approximately 7 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 $60k for this Analyst, Financial and Technical Analysis 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 Analyst, Financial and Technical Analysis position?

The offered annual salary for this Analyst, Financial and Technical Analysis position at London Stock Exchange Group Holdings, Inc. is $60k. The Department of Labor prevailing wage for this occupation and location is $54k. The offered wage represents a +12.1% premium over the prevailing wage.

Where is this Analyst, Financial and Technical Analysis job located?

This H-1B filing is for a position located in Buffalo, New York. The employing company, London Stock Exchange Group Holdings, Inc., is headquartered in New York, 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 London Stock Exchange Group Holdings, Inc., located in New York, New York. London Stock Exchange Group Holdings, Inc. filed this Labor Condition Application (case number I-200-22124-134278) for a Analyst, Financial and Technical Analysis position during fiscal year FY 2022. View all London Stock Exchange Group Holdings, Inc. H-1B filings.

What does LCA “Certified” mean?

Certified means the U.S. Department of Labor has approved this Labor Condition Application, confirming that London Stock Exchange Group Holdings, Inc. 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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