WITHDRAWN H-1B FY 2024

Principal Corporate Counsel, M&A

SBA NETWORK SERVICES, LLC · Boca Raton, Florida

Case #I-200-24274-374718

SBA NETWORK SERVICES, LLC filed an H-1B petition for a Principal Corporate Counsel, M&A position in Boca Raton, Florida at $33,280k per year — 21457% above the prevailing wage of $154k. The case was processed in 0 days during the FY FY2024 cycle. This position is for new employment.

$33,280k
Annual Salary
up to $374,400k
$154k
Prevailing Wage
+21457.5%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-24274-374718
Case StatusWithdrawn
Visa ClassH-1B
Fiscal YearFY 2024
EmployerSBA NETWORK SERVICES, LLC
Employer LocationBOCA RATON, Florida
Job TitlePrincipal Corporate Counsel, M&A
SOC Code23-101100 – Lawyers
WorksiteBoca Raton, Florida
Annual Wage$33,280k – $374,400k
Prevailing Wage$154k
Wage Premium+21457.5%
Positions1 (1 new, 0 continued)

Timeline

Sep 30, 2024
Received
Sep 30, 2024
Decision
Oct 9, 2024
Employment Start
Oct 8, 2027
Employment End

More Filings from SBA NETWORK SERVICES, LLC

Job TitleSalaryStatusDate
Principal Corporate Counsel, M&A $160k CERTIFIED Sep 30, 2024
Transactional Prjts Mgr Intl M&A(Corp. Counsel II Intl M&A) $119k CERTIFIED Aug 27, 2021

View all SBA NETWORK SERVICES, LLC filings →

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by SBA NETWORK SERVICES, LLC for the position of Principal Corporate Counsel, M&A in Boca Raton, Florida. The offered annual salary is $33,280k, compared to the prevailing wage of $154k for this occupation and location. This represents a wage premium of +21457.5% 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Case status: Withdrawn.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, SBA NETWORK SERVICES, LLC filed LCA case number I-200-24274-374718 to sponsor a Principal Corporate Counsel, M&A position at their worksite in Boca Raton, Florida. 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 $33,280k compares to the DOL prevailing wage of $154k for Lawyers positions in the Boca Raton, Florida area. The positive wage premium of +21457.5% 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.

Comparing to Industry Standards

The offered salary of $33,280k for this Principal Corporate Counsel, M&A 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 23-101100 (Lawyers), 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 Principal Corporate Counsel, M&A position?

The offered annual salary for this Principal Corporate Counsel, M&A position at SBA NETWORK SERVICES, LLC is $33,280k to $374,400k. The Department of Labor prevailing wage for this occupation and location is $154k. The offered wage represents a +21457.5% premium over the prevailing wage.

Where is this Principal Corporate Counsel, M&A job located?

This H-1B filing is for a position located in Boca Raton, Florida. The employing company, SBA NETWORK SERVICES, LLC, is headquartered in BOCA RATON, Florida.

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 SBA NETWORK SERVICES, LLC, located in BOCA RATON, Florida. SBA NETWORK SERVICES, LLC filed this Labor Condition Application (case number I-200-24274-374718) for a Principal Corporate Counsel, M&A position during fiscal year FY 2024. View all SBA NETWORK SERVICES, 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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