CERTIFIED H-1B FY 2023

Small Business Development Center Financial Counselor

Toledo Regional Chamber of Commerce · Toledo, Ohio

Case #I-200-23117-972345

In FY2023, Toledo Regional Chamber of Commerce sought H-1B sponsorship for a Small Business Development Center Financial Counselor in Toledo, Ohio at $60k per year, which is 19% above the prevailing wage of $51k. The case was certified in 7 days during the FY FY2023 cycle. This position is for new employment.

$60k
Annual Salary
$51k
Prevailing Wage
+18.8%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-23117-972345
Case StatusCertified
Visa ClassH-1B
Fiscal YearFY 2023
EmployerToledo Regional Chamber of Commerce
Employer LocationToledo, Ohio
Job TitleSmall Business Development Center Financial Counselor
SOC Code13-111100 – Management Analysts
WorksiteToledo, Ohio
Annual Wage$60k
Prevailing Wage$51k
Wage Premium+18.8%
Positions1 (1 new, 0 continued)

Timeline

Apr 27, 2023
Received
May 4, 2023
Decision
Oct 1, 2023
Employment Start
Sep 30, 2026
Employment End

More Filings from Toledo Regional Chamber of Commerce

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Small Business Development Center Financial Counselor $60k CERTIFIED May 9, 2023

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by Toledo Regional Chamber of Commerce for the position of Small Business Development Center Financial Counselor in Toledo, Ohio. The offered annual salary is $60k, compared to the prevailing wage of $51k for this occupation and location. This represents a wage premium of +18.8% 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, Toledo Regional Chamber of Commerce filed LCA case number I-200-23117-972345 to sponsor a Small Business Development Center Financial Counselor position at their worksite in Toledo, Ohio. 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 $60k compares to the DOL prevailing wage of $51k for Management Analysts positions in the Toledo, Ohio area. The positive wage premium of +18.8% 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 Toledo Regional Chamber of Commerce's attestations and determined that the LCA meets all regulatory requirements. The employer has demonstrated that the offered wage of $60k meets or exceeds the prevailing wage for Small Business Development Center Financial Counselor positions in the Toledo, Ohio 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 Apr 27, 2023 and a decision was rendered on May 4, 2023, 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 $60k for this Small Business Development Center Financial Counselor 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 13-111100 (Management 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 Small Business Development Center Financial Counselor position?

The offered annual salary for this Small Business Development Center Financial Counselor position at Toledo Regional Chamber of Commerce is $60k. The Department of Labor prevailing wage for this occupation and location is $51k. The offered wage represents a +18.8% premium over the prevailing wage.

Where is this Small Business Development Center Financial Counselor job located?

This H-1B filing is for a position located in Toledo, Ohio. The employing company, Toledo Regional Chamber of Commerce, is headquartered in Toledo, Ohio.

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 Toledo Regional Chamber of Commerce, located in Toledo, Ohio. Toledo Regional Chamber of Commerce filed this Labor Condition Application (case number I-200-23117-972345) for a Small Business Development Center Financial Counselor position during fiscal year FY 2023. View all Toledo Regional Chamber of Commerce H-1B filings.

What does LCA “Certified” mean?

Certified means the U.S. Department of Labor has approved this Labor Condition Application, confirming that Toledo Regional Chamber of Commerce 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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