CERTIFIED H-1B1 SINGAPORE FY 2024

Senior Price Reporter

RISI, Inc. · Burlington, Massachusetts

Case #I-202-24243-306749

In FY2024, RISI, Inc. sought H-1B1 SINGAPORE sponsorship for a Senior Price Reporter in Burlington, Massachusetts at $86k per year, which is 35% above the prevailing wage of $64k. The case was certified in 10 days during the FY FY2024 cycle. This position is for continued employment.

$86k
Annual Salary
$64k
Prevailing Wage
+34.9%
Wage Premium
1
Positions

Filing Details

Case NumberI-202-24243-306749
Case StatusCertified
Visa ClassH-1B1 SINGAPORE
Fiscal YearFY 2024
EmployerRISI, Inc.
Employer LocationBurlington, Massachusetts
Job TitleSenior Price Reporter
SOC Code27-302300 – News Analysts, Reporters, and Journalists
WorksiteBurlington, Massachusetts
Annual Wage$86k
Prevailing Wage$64k
Wage Premium+34.9%
Positions1 (0 new, 0 continued)

Timeline

Aug 30, 2024
Received
Sep 9, 2024
Decision
Sep 1, 2024
Employment Start
Aug 30, 2027
Employment End

More Filings from RISI, Inc.

Job TitleSalaryStatusDate
Senior Price Reporter $86k CERTIFIED Jan 16, 2025
Senior Price Reporter $86k CERTIFIED Sep 12, 2024
Price Reporter $64k CERTIFIED May 24, 2023
Price Reporter $64k WITHDRAWN May 24, 2023
Economist $83k CERTIFIED May 5, 2023

View all RISI, Inc. filings →

Explore More

About This H-1B Filing

This Labor Condition Application (LCA) was filed by RISI, Inc. for the position of Senior Price Reporter in Burlington, Massachusetts. The offered annual salary is $86k, compared to the prevailing wage of $64k for this occupation and location. This represents a wage premium of +34.9% 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: 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, RISI, Inc. filed LCA case number I-202-24243-306749 to sponsor a Senior Price Reporter position at their worksite in Burlington, Massachusetts. 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 $86k compares to the DOL prevailing wage of $64k for News Analysts, Reporters, and Journalists positions in the Burlington, Massachusetts area. The positive wage premium of +34.9% 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 Certified Means for This Application

A "Certified" status means the DOL has reviewed RISI, Inc.'s attestations and determined that the LCA meets all regulatory requirements. The employer has demonstrated that the offered wage of $86k meets or exceeds the prevailing wage for Senior Price Reporter positions in the Burlington, Massachusetts 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 Aug 30, 2024 and a decision was rendered on Sep 9, 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 $86k for this Senior Price Reporter position provides a data point for evaluating compensation trends in H-1B1 SINGAPORE 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 27-302300 (News Analysts, Reporters, and Journalists), 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 Senior Price Reporter position?

The offered annual salary for this Senior Price Reporter position at RISI, Inc. is $86k. The Department of Labor prevailing wage for this occupation and location is $64k. The offered wage represents a +34.9% premium over the prevailing wage.

Where is this Senior Price Reporter job located?

This H-1B1 SINGAPORE filing is for a position located in Burlington, Massachusetts. The employing company, RISI, Inc., is headquartered in Burlington, Massachusetts.

What visa type is this filing for?

This Labor Condition Application is filed under the H-1B1 SINGAPORE 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 RISI, Inc., located in Burlington, Massachusetts. RISI, Inc. filed this Labor Condition Application (case number I-202-24243-306749) for a Senior Price Reporter position during fiscal year FY 2024. View all RISI, 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 RISI, 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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