WITHDRAWN H-1B FY 2023

Marketing Director

Moomoo Technologies Inc. · Palo Alto, California

Case #I-200-23158-085343

Moomoo Technologies Inc. filed an H-1B petition for a Marketing Director position in Palo Alto, California at $132k per year — 11% above the prevailing wage of $119k. The case was processed in 0 days during the FY FY2023 cycle. This position is for new employment.

$132k
Annual Salary
$119k
Prevailing Wage
+10.9%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-23158-085343
Case StatusWithdrawn
Visa ClassH-1B
Fiscal YearFY 2023
EmployerMoomoo Technologies Inc.
Employer LocationPalo Alto, California
Job TitleMarketing Director
SOC Code13-116100 – Market Research Analysts and Marketing Specialists
WorksitePalo Alto, California
Annual Wage$132k
Prevailing Wage$119k
Wage Premium+10.9%
Positions1 (1 new, 0 continued)

Timeline

Jun 7, 2023
Received
Jun 7, 2023
Decision
Oct 1, 2023
Employment Start
Sep 30, 2026
Employment End

More Filings from Moomoo Technologies Inc.

Job TitleSalaryStatusDate
Senior Data Analyst $120k CERTIFIED Apr 8, 2025
Senior Integrated Marketing Manager $150k CERTIFIED Jun 26, 2024
Data Analyst $105k CERTIFIED Aug 15, 2024
Data Analyst $105k WITHDRAWN Aug 14, 2024
Data Analyst $108k CERTIFIED Jun 10, 2024

View all Moomoo Technologies Inc. filings →

Explore More

About This H-1B Filing

This Labor Condition Application (LCA) was filed by Moomoo Technologies Inc. for the position of Marketing Director in Palo Alto, California. The offered annual salary is $132k, compared to the prevailing wage of $119k for this occupation and location. This represents a wage premium of +10.9% 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Case status: Withdrawn.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, Moomoo Technologies Inc. filed LCA case number I-200-23158-085343 to sponsor a Marketing Director position at their worksite in Palo Alto, California. 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 $132k compares to the DOL prevailing wage of $119k for Market Research Analysts and Marketing Specialists positions in the Palo Alto, California area. The positive wage premium of +10.9% 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 $132k for this Marketing Director 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 13-116100 (Market Research Analysts and Marketing Specialists), 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 Marketing Director position?

The offered annual salary for this Marketing Director position at Moomoo Technologies Inc. is $132k. The Department of Labor prevailing wage for this occupation and location is $119k. The offered wage represents a +10.9% premium over the prevailing wage.

Where is this Marketing Director job located?

This H-1B filing is for a position located in Palo Alto, California. The employing company, Moomoo Technologies Inc., is headquartered in Palo Alto, California.

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 Moomoo Technologies Inc., located in Palo Alto, California. Moomoo Technologies Inc. filed this Labor Condition Application (case number I-200-23158-085343) for a Marketing Director position during fiscal year FY 2023. View all Moomoo Technologies Inc. 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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