Question 1

What is the median H-1B salary at Bank of Chi?

Accepted Answer

Bank of Chi pays a median H-1B salary of $72,332 for sponsored positions, with an average of $75,713. The average prevailing wage across Bank of Chi's filings is $69,983. These figures are based on Labor Condition Application filings with the Department of Labor.

Question 2

What is a prevailing wage determination?

Accepted Answer

A prevailing wage determination (PWD) is a wage rate set by the Department of Labor for a specific occupation and geographic area. Before filing an LCA, employers request a PWD from the DOL, which surveys wage data to determine what workers in similar roles are typically paid in that location. H-1B employers must pay at least the prevailing wage or the actual wage paid to other employees in the same role, whichever is higher. The prevailing wage column in the table above shows the DOL-determined floor for each position.

Question 3

How does Bank of Chi pay compared to the prevailing wage?

Accepted Answer

Bank of Chi's average offered wage is $75,713, compared to an average prevailing wage of $69,983 across its filings. When a company pays above the prevailing wage, it indicates the offered salary exceeds the DOL-determined market rate for the occupation and area. The salary table above shows both the offered and prevailing wages for each individual filing.

Question 4

What are H-1B wage levels I through IV?

Accepted Answer

The DOL sets prevailing wages at four levels: Level I (Entry) at the 17th percentile, Level II (Qualified) at the 34th percentile, Level III (Experienced) at the 50th percentile, and Level IV (Expert) at the 67th percentile. These levels reflect the complexity of the job duties and experience required. The prevailing wage is specific to each occupation (SOC code) and metropolitan statistical area. Higher wage levels indicate more senior positions.

Question 5

What is the H-1B salary requirement?

Accepted Answer

There is no single minimum salary for H-1B visas. Employers must pay the higher of the actual wage (what they pay other employees in the same role) or the prevailing wage determined by the DOL for the specific occupation and geographic area. The prevailing wage varies by job, location, and wage level. A Level I software engineer in a small metro area will have a very different floor than a Level IV software engineer in San Francisco or New York.

Job Title	Positions	Min	Median	Max
Associate	505	$37,232	$57,970	$102,024
Assistant Vice President	36	$64,085	$90,000	$190,653
Assistant Vice President (Legal & Compliance Department)	9	$97,079	$113,674	$142,606
Associate (Los Angeles Branch)	7	$54,808	$74,806	$81,570
Associate (Chief Data Office)	6	$72,826	$72,917	$78,000
Assistant Vice President (Chicago Branch)	6	$80,873	$95,496	$102,204
Associate (Corporate Banking Department)	5	$71,925	$77,626	$81,025
Assistant Vice President (Financial Management Department)	5	$80,873	$84,373	$102,039
Associate (Legal & Compliance Department)	4	$66,625	$81,863	$90,000
Associate (Human Resources Department)	4	$60,000	$65,000	$82,000
Vice President	4	$124,000	$146,275	$150,550
Assistant Vice President (America Data Center)	3	$90,355	$108,500	$152,030
Bsa/Aml Associate	3	$60,000	$62,130	$82,035
Assistant Vice President (Trade Services Department)	3	$82,895	$90,436	$100,000
Associate (America Data Center)	3	$84,050	$90,000	$90,000
Assistant Vice President (Human Resources Department)	3	$84,373	$90,000	$130,000
Assistant Vice President (Financial Institutions Department)	3	$86,955	$86,955	$93,911
Assistant Vice President (Financial Institution Department)	2	$105,664	$105,664	$105,664
Assistant Vice President (Banking Department)	2	$100,654	$104,754	$108,854
Assistant Vice President (Enterprise Risk Management Dept.)	2	$99,600	$103,745	$107,890

Location	Positions	Min	Median	Max
New York, New York	641	$45,500	$73,004	$230,000
Chicago, Illinois	33	$37,232	$68,000	$109,179
Los Angeles, California	26	$44,990	$63,211	$124,000
Flushing, New York	7	$49,340	$65,581	$70,960
Secaucus, New Jersey	1	$71,925	$71,925	$71,925

Bank of Chi — H-1B Sponsored Salaries

Bank of Chi H1B Salaries

Salary Distribution (2025)

Salary by Job Title (2025)

Salary by Location (2025)

Similar Visa Sponsors

SVB FINANCIAL GROUP

East West Bank

FIRST REPUBLIC BANK

Synchrony Bank

Santander Bank

City National Bank

Frequently Asked Questions

Ready to modernize your immigration program?

Ready to modernize your immigration program?