WITHDRAWN H-1B FY 2025

Head Trader

Northland Energy Trading LLC · Manchester, New Hampshire

Case #I-200-25100-851495

A Head Trader position at Northland Energy Trading LLC in Manchester, New Hampshire was filed at $125k per year, offering 59% above the prevailing wage of $78k. The case was processed in 5 days during the FY FY2025 cycle. This position is for continued employment.

$125k
Annual Salary
$78k
Prevailing Wage
+59.3%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-25100-851495
Case StatusWithdrawn
Visa ClassH-1B
Fiscal YearFY 2025
EmployerNorthland Energy Trading LLC
Employer LocationManchester, New Hampshire
Job TitleHead Trader
SOC Code13-209901 – Financial Quantitative Analysts
WorksiteManchester, New Hampshire
Annual Wage$125k
Prevailing Wage$78k
Wage Premium+59.3%
Positions1 (0 new, 0 continued)

Timeline

Apr 10, 2025
Received
Apr 15, 2025
Decision
May 1, 2025
Employment Start
Apr 30, 2028
Employment End

More Filings from Northland Energy Trading LLC

Job TitleSalaryStatusDate
Head Trader $125k CERTIFIED Apr 15, 2025

View all Northland Energy Trading LLC filings →

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by Northland Energy Trading LLC for the position of Head Trader in Manchester, New Hampshire. The offered annual salary is $125k, compared to the prevailing wage of $78k for this occupation and location. This represents a wage premium of +59.3% 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Case status: Withdrawn.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, Northland Energy Trading LLC filed LCA case number I-200-25100-851495 to sponsor a Head Trader position at their worksite in Manchester, New Hampshire. 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 $125k compares to the DOL prevailing wage of $78k for Financial Quantitative Analysts positions in the Manchester, New Hampshire area. The positive wage premium of +59.3% 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.

Processing Time

This LCA was received by the DOL on Apr 10, 2025 and a decision was rendered on Apr 15, 2025, a processing time of approximately 5 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 $125k for this Head Trader 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 Head Trader position?

The offered annual salary for this Head Trader position at Northland Energy Trading LLC is $125k. The Department of Labor prevailing wage for this occupation and location is $78k. The offered wage represents a +59.3% premium over the prevailing wage.

Where is this Head Trader job located?

This H-1B filing is for a position located in Manchester, New Hampshire. The employing company, Northland Energy Trading LLC, is headquartered in Manchester, New Hampshire.

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 Northland Energy Trading LLC, located in Manchester, New Hampshire. Northland Energy Trading LLC filed this Labor Condition Application (case number I-200-25100-851495) for a Head Trader position during fiscal year FY 2025. View all Northland Energy Trading LLC 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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