Max Tech Solutions Inc. · Ridgewood, New Jersey
Case #I-200-24354-559650
Max Tech Solutions Inc. filed an H-1B petition for a Financial Analyst position in Ridgewood, New Jersey at $96k per year — 13% above the prevailing wage of $85k. The case was certified in 11 days during the FY FY2025 cycle. This position is for new employment.
| Case Number | I-200-24354-559650 |
| Case Status | Certified |
| Visa Class | H-1B |
| Fiscal Year | FY 2025 |
| Employer | Max Tech Solutions Inc. |
| Employer Location | Rochelle Park, New Jersey |
| Job Title | Financial Analyst |
| SOC Code | 13-205100 – Financial and Investment Analysts |
| Worksite | Ridgewood, New Jersey |
| Annual Wage | $96k |
| Prevailing Wage | $85k |
| Wage Premium | +12.5% |
| Positions | 1 (1 new, 0 continued) |
| Job Title | Salary | Status | Date |
|---|---|---|---|
| Trading System Engineer | $96k | CERTIFIED | Dec 18, 2024 |
This Labor Condition Application (LCA) was filed by Max Tech Solutions Inc. for the position of Financial Analyst in Ridgewood, New Jersey. The offered annual salary is $96k, compared to the prevailing wage of $85k for this occupation and location. This represents a wage premium of +12.5% 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.
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, Max Tech Solutions Inc. filed LCA case number I-200-24354-559650 to sponsor a Financial Analyst position at their worksite in Ridgewood, New Jersey. 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 $96k compares to the DOL prevailing wage of $85k for Financial and Investment Analysts positions in the Ridgewood, New Jersey area. The positive wage premium of +12.5% 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 "Certified" status means the DOL has reviewed Max Tech Solutions Inc.'s attestations and determined that the LCA meets all regulatory requirements. The employer has demonstrated that the offered wage of $96k meets or exceeds the prevailing wage for Financial Analyst positions in the Ridgewood, New Jersey 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.
This LCA was received by the DOL on Dec 19, 2024 and a decision was rendered on Dec 30, 2024, a processing time of approximately 11 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.
The offered salary of $96k for this Financial Analyst 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.
The offered annual salary for this Financial Analyst position at Max Tech Solutions Inc. is $96k. The Department of Labor prevailing wage for this occupation and location is $85k. The offered wage represents a +12.5% premium over the prevailing wage.
This H-1B filing is for a position located in Ridgewood, New Jersey. The employing company, Max Tech Solutions Inc., is headquartered in Rochelle Park, New Jersey.
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.
The employer for this filing is Max Tech Solutions Inc., located in Rochelle Park, New Jersey. Max Tech Solutions Inc. filed this Labor Condition Application (case number I-200-24354-559650) for a Financial Analyst position during fiscal year FY 2025. View all Max Tech Solutions Inc. H-1B filings.
Certified means the U.S. Department of Labor has approved this Labor Condition Application, confirming that Max Tech Solutions 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.