CERTIFIED H-1B FY 2024

Pricing Analyst

MOYI INC · Hoboken, New Jersey

Case #I-200-24145-034443

A Pricing Analyst position at MOYI INC in Hoboken, New Jersey was filed at $73k per year, offering 0% above the prevailing wage of $73k. The case was certified in 10 days during the FY FY2024 cycle. This position is for new employment.

$73k
Annual Salary
$73k
Prevailing Wage
0.0%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-24145-034443
Case StatusCertified
Visa ClassH-1B
Fiscal YearFY 2024
EmployerMOYI INC
Employer LocationIselin, New Jersey
Job TitlePricing Analyst
SOC Code15-204100 – Statisticians
WorksiteHoboken, New Jersey
Annual Wage$73k
Prevailing Wage$73k
Wage Premium0.0%
Positions1 (1 new, 0 continued)

Timeline

May 24, 2024
Received
Jun 3, 2024
Decision
Jun 10, 2024
Employment Start
Jun 9, 2027
Employment End

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by MOYI INC for the position of Pricing Analyst in Hoboken, New Jersey. The offered annual salary is $73k, compared to the prevailing wage of $73k 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. 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, MOYI INC filed LCA case number I-200-24145-034443 to sponsor a Pricing Analyst position at their worksite in Hoboken, 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.

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 $73k compares to the DOL prevailing wage of $73k for Statisticians positions in the Hoboken, New Jersey 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 Means for This Application

A "Certified" status means the DOL has reviewed MOYI INC's attestations and determined that the LCA meets all regulatory requirements. The employer has demonstrated that the offered wage of $73k meets or exceeds the prevailing wage for Pricing Analyst positions in the Hoboken, 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.

Processing Time

This LCA was received by the DOL on May 24, 2024 and a decision was rendered on Jun 3, 2024, a processing time of approximately 10 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 $73k for this Pricing 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 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 Pricing Analyst position?

The offered annual salary for this Pricing Analyst position at MOYI INC is $73k. The Department of Labor prevailing wage for this occupation and location is $73k. The offered wage represents a 0.0% premium over the prevailing wage.

Where is this Pricing Analyst job located?

This H-1B filing is for a position located in Hoboken, New Jersey. The employing company, MOYI INC, is headquartered in Iselin, New Jersey.

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 MOYI INC, located in Iselin, New Jersey. MOYI INC filed this Labor Condition Application (case number I-200-24145-034443) for a Pricing Analyst position during fiscal year FY 2024. View all MOYI 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 MOYI 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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