CERTIFIED E-3 AUSTRALIAN FY 2022

Financial Analyst

Telstra Incorporated · San Francisco, California

Case #I-203-22066-957704

In FY2022, Telstra Incorporated sought E-3 AUSTRALIAN sponsorship for a Financial Analyst in San Francisco, California at $109k per year, which is 14% above the prevailing wage of $96k. The case was certified in 7 days during the FY FY2022 cycle. This position is for continued employment.

$109k
Annual Salary
$96k
Prevailing Wage
+14.2%
Wage Premium
1
Positions

Filing Details

Case NumberI-203-22066-957704
Case StatusCertified
Visa ClassE-3 AUSTRALIAN
Fiscal YearFY 2022
EmployerTelstra Incorporated
Employer LocationSan Francisco, California
Job TitleFinancial Analyst
SOC Code13-205100 – Financial Analysts
WorksiteSan Francisco, California
Annual Wage$109k
Prevailing Wage$96k
Wage Premium+14.2%
Positions1 (0 new, 1 continued)

Timeline

Mar 7, 2022
Received
Mar 14, 2022
Decision
Jun 1, 2022
Employment Start
May 31, 2024
Employment End

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by Telstra Incorporated for the position of Financial Analyst in San Francisco, California. The offered annual salary is $109k, compared to the prevailing wage of $96k for this occupation and location. This represents a wage premium of +14.2% 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, Telstra Incorporated filed LCA case number I-203-22066-957704 to sponsor a Financial Analyst position at their worksite in San Francisco, California. 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 $109k compares to the DOL prevailing wage of $96k for Financial Analysts positions in the San Francisco, California area. The positive wage premium of +14.2% 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 Telstra Incorporated's attestations and determined that the LCA meets all regulatory requirements. The employer has demonstrated that the offered wage of $109k meets or exceeds the prevailing wage for Financial Analyst positions in the San Francisco, California 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 Mar 7, 2022 and a decision was rendered on Mar 14, 2022, a processing time of approximately 7 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 $109k for this Financial Analyst 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 13-205100 (Financial 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 Telstra Incorporated is $109k. The Department of Labor prevailing wage for this occupation and location is $96k. The offered wage represents a +14.2% premium over the prevailing wage.

Where is this Financial Analyst job located?

This E-3 AUSTRALIAN filing is for a position located in San Francisco, California. The employing company, Telstra Incorporated, is headquartered in San Francisco, California.

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 Telstra Incorporated, located in San Francisco, California. Telstra Incorporated filed this Labor Condition Application (case number I-203-22066-957704) for a Financial Analyst position during fiscal year FY 2022. View all Telstra Incorporated H-1B filings.

What does LCA “Certified” mean?

Certified means the U.S. Department of Labor has approved this Labor Condition Application, confirming that Telstra Incorporated 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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