Explore H-1B visa filings for Senior Steel Trader. View sponsoring employers, salary data from 100 filings, and approval rates from DOL public records.
| Metric | Value |
|---|---|
| Total H-1B Petitions | 100 |
| Approval Rate | 98% |
| Average Salary | $147,145 |
| Salary Range | $36,213 - $350,000 |
| Top Sponsor | TP ICAP Americas Holdings, Inc. |
| Primary Location | New York |
| Total Filings | 100 |
| Approval Rate | 98% |
| Average Salary | $147,145 |
| Median Salary | $136,864 |
| 25th Percentile | $104,000 |
| 75th Percentile | $175,000 |
| Minimum Salary | $36,213 |
| Maximum Salary | $350,000 |
| 10th Percentile | $63,835 |
| 25th Percentile | $104,000 |
| Median (50th) | $136,864 |
| 75th Percentile | $175,000 |
| 90th Percentile | $240,000 |
| Average | $147,145 |
| Sample Size | 100 |
| Visa Class | Filings |
|---|---|
| H-1B | 97 |
| H-1B1 CHILE | 2 |
| E-3 AUSTRALIAN | 1 |
| Education Level | Filings |
|---|---|
| Not Specified | 100 |
| Employer | Filings | Avg Salary |
|---|---|---|
| TP ICAP Americas Holdings, Inc. | 16 | $101k |
| CIBC World Markets Corp. | 14 | $109k |
| Barclays Capital Inc. | 11 | $160k |
| CREDIT SUISSE SECURITIES (USA) LLC | 4 | $164k |
| Citigroup Global Markets Inc. | 4 | $215k |
| Millennium Advisors, LLC | 3 | $103k |
| SG Americas Securities, LLC | 3 | $235k |
| TotalEnergies Gas & Power North America, Inc. | 2 | $145k |
| AlphaGrep America Inc. | 2 | $130k |
| JPMorgan Chase & Co. | 2 | $205k |
| State | Filings |
|---|---|
| New York | 61 |
| Illinois | 15 |
| Texas | 10 |
| New Jersey | 7 |
| North Carolina | 3 |
| Florida | 3 |
| Connecticut | 1 |
The average H-1B salary for Senior Steel Trader is $147,145, with a median of $136,864. Salaries range from $36,213 to $350,000 across 100 DOL filings.
Top H-1B sponsors for Senior Steel Trader include TP ICAP Americas Holdings, Inc. (16 filings), CIBC World Markets Corp. (14 filings), Barclays Capital Inc. (11 filings). A total of 41 companies sponsor this role.
The H-1B approval rate for Senior Steel Trader positions is 98% across 100 filings recorded by the Department of Labor.
The states with the most H-1B filings for Senior Steel Trader are New York (61 filings), Illinois (15 filings), Texas (10 filings).
Most H-1B petitions for Senior Steel Trader require at least a Bachelor's degree in a related field. Some positions may require a Master's degree or higher, depending on the employer and specialization level.
The Senior Steel Trader occupation (SOC code 41-303103) is classified under the Standard Occupational Classification (SOC) system maintained by the Bureau of Labor Statistics. The SOC system groups workers into occupational categories based on the type of work performed, providing a standardized framework for comparing wages, employment levels, and workforce trends across the United States.
Senior Steel Trader positions fall within the specialty occupation category required for H-1B visa sponsorship, meaning they typically require the theoretical and practical application of a body of highly specialized knowledge and at minimum a bachelor's degree or its equivalent in the specific specialty. Based on H-1B filing data, the most common education requirement for Senior Steel Trader positions is Not Specified (100 filings), followed by other degree levels.
Across 100 LCA filings tracked by H1BSalaryCheck, Senior Steel Trader positions show an average offered salary of $147,145, with a range from $36,213 at the entry level to $350,000 for senior positions. The largest concentration of H-1B filings for this role is in New York (61 filings) and Illinois (15 filings).
Career outlook for Senior Steel Trader professionals is closely tied to industry demand for specialized skills. Employers sponsoring H-1B workers for this role are demonstrating that they could not find sufficient qualified U.S. workers to fill these positions, which often signals strong demand and competitive compensation. Workers in this occupation may also be eligible for other visa categories including L-1 intracompany transfers, O-1 extraordinary ability visas, or employment-based green card sponsorship through the PERM process.
To sponsor a foreign worker for an H-1B visa in a Senior Steel Trader role, U.S. employers must satisfy several requirements established by the Immigration and Nationality Act (INA) and enforced by both the Department of Labor (DOL) and U.S. Citizenship and Immigration Services (USCIS):
The position must qualify as a "specialty occupation," meaning it requires the theoretical and practical application of a body of highly specialized knowledge and at minimum a bachelor's degree or its equivalent in a specific specialty directly related to the position. For Senior Steel Trader roles, H-1B filings indicate that employers most commonly require a Not Specified degree. USCIS evaluates whether the position itself, not just the employer's preference, genuinely requires specialized education.
Employers must pay H-1B workers at least the prevailing wage for the occupation in the geographic area of employment, as determined by the DOL. The prevailing wage is based on four skill levels (Level 1 through Level 4) that reflect the complexity of the job duties and required experience. For Senior Steel Trader positions, the average offered salary of $147,145 exceeds prevailing wages by an average of 22.1%, with 63% of filings offering above the prevailing wage.
Before filing the H-1B petition, employers must obtain a certified LCA from the DOL. The LCA requires employers to attest to four conditions: (1) paying at least the prevailing wage or actual wage, whichever is higher; (2) providing working conditions that do not adversely affect similarly employed U.S. workers; (3) no strike or lockout at the worksite; and (4) proper notice of the filing to workers. The overall LCA approval rate for Senior Steel Trader positions is 98%.
The annual H-1B cap is set at 65,000 regular visas plus 20,000 for beneficiaries with U.S. master's degrees or higher (the "master's cap"). Certain employers, including institutions of higher education, nonprofit research organizations, and government research organizations, are exempt from the cap. Senior Steel Trader positions at cap-exempt employers can be filed at any time during the year, while cap-subject employers must participate in the annual H-1B lottery, typically held in March for the following fiscal year.
H-1B visas are initially granted for up to three years and can be extended for a maximum of six years total. Workers who have an approved I-140 immigrant petition (part of the green card process) may be eligible for extensions beyond the six-year limit under the American Competitiveness in the Twenty-First Century Act (AC21). The average contract duration for Senior Steel Trader H-1B filings is approximately 36 months.
Cities with the most H-1B filings for Senior Steel Trader positions.