WITHDRAWN E-3 AUSTRALIAN FY 2022

Accountant (M&A)

Recom Brands LLC · Austin, Texas

Case #I-203-22076-988159

In FY2022, Recom Brands LLC sought E-3 AUSTRALIAN sponsorship for a Accountant (M&A) in Austin, Texas at $200k per year, which is 122% above the prevailing wage of $90k. The case was processed in 5 days during the FY FY2022 cycle. This position is for continued employment.

$200k
Annual Salary
$90k
Prevailing Wage
+121.6%
Wage Premium
1
Positions

Filing Details

Case NumberI-203-22076-988159
Case StatusWithdrawn
Visa ClassE-3 AUSTRALIAN
Fiscal YearFY 2022
EmployerRecom Brands LLC
Employer LocationAustin, Texas
Job TitleAccountant (M&A)
SOC Code13-201101 – Accountants
WorksiteAustin, Texas
Annual Wage$200k
Prevailing Wage$90k
Wage Premium+121.6%
Positions1 (0 new, 0 continued)

Timeline

Mar 17, 2022
Received
Mar 22, 2022
Decision
Apr 1, 2022
Employment Start
Mar 31, 2024
Employment End

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Financial Manager - Mergers and Acquisitions $200k WITHDRAWN Mar 17, 2022
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About This H-1B Filing

This Labor Condition Application (LCA) was filed by Recom Brands LLC for the position of Accountant (M&A) in Austin, Texas. The offered annual salary is $200k, compared to the prevailing wage of $90k for this occupation and location. This represents a wage premium of +121.6% 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Case status: Withdrawn.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, Recom Brands LLC filed LCA case number I-203-22076-988159 to sponsor a Accountant (M&A) position at their worksite in Austin, Texas. 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 $200k compares to the DOL prevailing wage of $90k for Accountants positions in the Austin, Texas area. The positive wage premium of +121.6% 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 Mar 17, 2022 and a decision was rendered on Mar 22, 2022, 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 $200k for this Accountant (M&A) position provides a data point for evaluating compensation trends in E-3 AUSTRALIAN 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 13-201101 (Accountants), 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 Accountant (M&A) position?

The offered annual salary for this Accountant (M&A) position at Recom Brands LLC is $200k. The Department of Labor prevailing wage for this occupation and location is $90k. The offered wage represents a +121.6% premium over the prevailing wage.

Where is this Accountant (M&A) job located?

This E-3 AUSTRALIAN filing is for a position located in Austin, Texas. The employing company, Recom Brands LLC, is headquartered in Austin, Texas.

What visa type is this filing for?

This Labor Condition Application is filed under the E-3 AUSTRALIAN visa classification. This visa classification allows employers to hire foreign workers for specialty occupation positions in the United States.

Who is the employer for this H-1B filing?

The employer for this filing is Recom Brands LLC, located in Austin, Texas. Recom Brands LLC filed this Labor Condition Application (case number I-203-22076-988159) for a Accountant (M&A) position during fiscal year FY 2022. View all Recom Brands 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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