WITHDRAWN H-1B FY 2024

Sr. Software Engineer, Backend

Varo Bank N.A. · Austin, Texas

Case #I-200-24102-877065

Varo Bank N.A. filed an H-1B petition for a Sr. Software Engineer, Backend position in Austin, Texas at $149k per year — 7% above the prevailing wage of $139k. The case was processed in 1 days during the FY FY2024 cycle. This position is for new employment.

$149k
Annual Salary
$139k
Prevailing Wage
+6.8%
Wage Premium
1
Positions

Filing Details

Case NumberI-200-24102-877065
Case StatusWithdrawn
Visa ClassH-1B
Fiscal YearFY 2024
EmployerVaro Bank N.A.
Employer LocationSan Francisco, California
Job TitleSr. Software Engineer, Backend
SOC Code15-125200 – Software Developers
WorksiteAustin, Texas
Annual Wage$149k
Prevailing Wage$139k
Wage Premium+6.8%
Positions1 (1 new, 0 continued)

Timeline

Apr 11, 2024
Received
Apr 12, 2024
Decision
Oct 1, 2024
Employment Start
Sep 30, 2027
Employment End

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Staff Cloud Database Engineer $210k CERTIFIED Mar 3, 2025

View all Varo Bank N.A. filings →

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by Varo Bank N.A. for the position of Sr. Software Engineer, Backend in Austin, Texas. The offered annual salary is $149k, compared to the prevailing wage of $139k for this occupation and location. This represents a wage premium of +6.8% 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Case status: Withdrawn.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, Varo Bank N.A. filed LCA case number I-200-24102-877065 to sponsor a Sr. Software Engineer, Backend position at their worksite in Austin, Texas. 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 $149k compares to the DOL prevailing wage of $139k for Software Developers positions in the Austin, Texas area. The positive wage premium of +6.8% 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 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.

Processing Time

This LCA was received by the DOL on Apr 11, 2024 and a decision was rendered on Apr 12, 2024, a processing time of approximately 1 business day. 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 $149k for this Sr. Software Engineer, Backend 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 15-125200 (Software Developers), 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 Sr. Software Engineer, Backend position?

The offered annual salary for this Sr. Software Engineer, Backend position at Varo Bank N.A. is $149k. The Department of Labor prevailing wage for this occupation and location is $139k. The offered wage represents a +6.8% premium over the prevailing wage.

Where is this Sr. Software Engineer, Backend job located?

This H-1B filing is for a position located in Austin, Texas. The employing company, Varo Bank N.A., is headquartered in San Francisco, California.

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 Varo Bank N.A., located in San Francisco, California. Varo Bank N.A. filed this Labor Condition Application (case number I-200-24102-877065) for a Sr. Software Engineer, Backend position during fiscal year FY 2024. View all Varo Bank N.A. 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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