DENIED H-1B FY 2025

Financial Analyst

Stafford Gray LLC · Detroit, Michigan

Case #I-200-24313-462601

In FY2025, Stafford Gray LLC sought H-1B sponsorship for a Financial Analyst in Detroit, Michigan at $146k per year, which is 27% above the prevailing wage of $114k. The case was denied in 4 days during the FY FY2025 cycle. This position is for new employment.

$146k
Annual Salary
up to $198k
$114k
Prevailing Wage
+27.3%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-24313-462601
Case StatusDenied
Visa ClassH-1B
Fiscal YearFY 2025
EmployerStafford Gray LLC
Employer LocationGregory, Michigan
Job TitleFinancial Analyst
SOC Code13-205100 – Financial and Investment Analysts
WorksiteDetroit, Michigan
Annual Wage$146k – $198k
Prevailing Wage$114k
Wage Premium+27.3%
Positions1 (1 new, 0 continued)

Timeline

Nov 8, 2024
Received
Nov 12, 2024
Decision
Jan 1, 2025
Employment Start
Dec 1, 2027
Employment End

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by Stafford Gray LLC for the position of Financial Analyst in Detroit, Michigan. The offered annual salary is $146k, compared to the prevailing wage of $114k for this occupation and location. This represents a wage premium of +27.3% 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: Denied. This means the Department of Labor has denied the application, possibly due to wage or documentation issues.

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, Stafford Gray LLC filed LCA case number I-200-24313-462601 to sponsor a Financial Analyst position at their worksite in Detroit, Michigan. 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 $146k compares to the DOL prevailing wage of $114k for Financial and Investment Analysts positions in the Detroit, Michigan area. The positive wage premium of +27.3% 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 Denied Means for This Application

A "Denied" status means the DOL has determined that Stafford Gray LLC's LCA did not meet one or more regulatory requirements. Common reasons for denial include: the offered wage falling below the prevailing wage, errors in the application, failure to properly attest to working conditions, or prior violations by the employer. The employer may correct the identified issues and submit a new LCA.

Processing Time

This LCA was received by the DOL on Nov 8, 2024 and a decision was rendered on Nov 12, 2024, a processing time of approximately 4 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 $146k 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 and Investment 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 Stafford Gray LLC is $146k to $198k. The Department of Labor prevailing wage for this occupation and location is $114k. The offered wage represents a +27.3% premium over the prevailing wage.

Where is this Financial Analyst job located?

This H-1B filing is for a position located in Detroit, Michigan. The employing company, Stafford Gray LLC, is headquartered in Gregory, Michigan.

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 Stafford Gray LLC, located in Gregory, Michigan. Stafford Gray LLC filed this Labor Condition Application (case number I-200-24313-462601) for a Financial Analyst position during fiscal year FY 2025. View all Stafford Gray LLC H-1B filings.

What does LCA “Denied” mean?

Denied means the U.S. Department of Labor has rejected this Labor Condition Application. Common reasons for denial include offering a wage below the prevailing wage, incomplete documentation, failure to properly attest to working conditions, or prior violations.

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