CERTIFIED H-1B FY 2022

Financial Analyst

NETPOSA, INC · Pleasanton, California

Case #I-200-22049-913846

In FY2022, NETPOSA, INC sought H-1B sponsorship for a Financial Analyst in Pleasanton, California at $100k per year, which is 4% above the prevailing wage of $96k. The case was certified in 10 days during the FY FY2022 cycle. This position is for continued employment.

$100k
Annual Salary
$96k
Prevailing Wage
+4.4%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-22049-913846
Case StatusCertified
Visa ClassH-1B
Fiscal YearFY 2022
EmployerNETPOSA, INC
Employer LocationPleasanton, California
Job TitleFinancial Analyst
SOC Code13-205100 – Financial Analysts
WorksitePleasanton, California
Annual Wage$100k
Prevailing Wage$96k
Wage Premium+4.4%
Positions1 (0 new, 1 continued)

Timeline

Feb 18, 2022
Received
Feb 28, 2022
Decision
May 1, 2022
Employment Start
Apr 30, 2025
Employment End

Explore More

About This H-1B Filing

This Labor Condition Application (LCA) was filed by NETPOSA, INC for the position of Financial Analyst in Pleasanton, California. The offered annual salary is $100k, compared to the prevailing wage of $96k for this occupation and location. This represents a wage premium of +4.4% 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, NETPOSA, INC filed LCA case number I-200-22049-913846 to sponsor a Financial Analyst position at their worksite in Pleasanton, 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 $100k compares to the DOL prevailing wage of $96k for Financial Analysts positions in the Pleasanton, California area. The positive wage premium of +4.4% 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 NETPOSA, INC's attestations and determined that the LCA meets all regulatory requirements. The employer has demonstrated that the offered wage of $100k meets or exceeds the prevailing wage for Financial Analyst positions in the Pleasanton, California 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 Feb 18, 2022 and a decision was rendered on Feb 28, 2022, 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 $100k 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 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 Financial Analyst position?

The offered annual salary for this Financial Analyst position at NETPOSA, INC is $100k. The Department of Labor prevailing wage for this occupation and location is $96k. The offered wage represents a +4.4% premium over the prevailing wage.

Where is this Financial Analyst job located?

This H-1B filing is for a position located in Pleasanton, California. The employing company, NETPOSA, INC, is headquartered in Pleasanton, 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 NETPOSA, INC, located in Pleasanton, California. NETPOSA, INC filed this Labor Condition Application (case number I-200-22049-913846) for a Financial Analyst position during fiscal year FY 2022. View all NETPOSA, 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 NETPOSA, 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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