Question 1

What is the median H-1B salary at Canadian Imperial Bank of Commerce?

Accepted Answer

Canadian Imperial Bank of Commerce pays a median H-1B salary of $125,590 for sponsored positions, with an average of $137,373. The average prevailing wage across Canadian Imperial Bank of Commerce's filings is $129,247. 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 Canadian Imperial Bank of Commerce pay compared to the prevailing wage?

Accepted Answer

Canadian Imperial Bank of Commerce's average offered wage is $137,373, compared to an average prevailing wage of $129,247 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
Risk Management Specialists	40	$72,363	$116,855	$161,346
Economists	32	$70,762	$129,720	$188,677
Statisticians	8	$72,634	$98,520	$124,405
Industrial Engineers	8	$67,101	$95,524	$123,947
Financial Managers	8	$119,787	$186,524	$253,261
Director, Corporate Banking	3	$168,854	$168,854	$200,000
Corporate Banking Analyst	2	$115,000	$115,000	$115,000
Analyst Ii, Project Finance And Infrastructure	2	$125,000	$125,000	$125,000
Analyst Iii, Commodities Trading	2	$135,000	$135,000	$135,000
Associate	2	$160,000	$160,000	$160,000
Associate, Cash Management	2	$170,000	$170,000	$170,000
Associate, Financial Reporting	2	$107,300	$107,300	$107,300
Associate, Us Product Controller, Finance	2	$105,000	$105,000	$105,000
Director, Commodity Fundamental Analyst	2	$225,000	$225,000	$225,000
Economist	2	$130,000	$140,000	$150,000
Exec Director, Non-Trading Market Risk And Liquidity Risk	2	$125,590	$125,590	$125,590
Executive Director, Wb Compliance	2	$123,552	$124,072	$124,592
Managing Director, Innovation Banking	2	$250,000	$250,000	$250,000
Director, Market Risk	1	$110,000	$110,000	$110,000
Associate Ii, Global Markets	1	$160,000	$160,000	$160,000

Location	Positions	Min	Median	Max
New York, New York	134	$65,749	$125,590	$253,261
Jersey City, New Jersey	1	$160,000	$160,000	$160,000
Chicago, Illinois	1	$107,300	$107,300	$107,300
Naperville, Illinois	1	$107,300	$107,300	$107,300
Menlo Park, California	1	$235,000	$235,000	$235,000
Flushing, New York	1	$105,000	$105,000	$105,000

Canadian Imperial Bank of Commerce — H-1B Sponsored Salaries

Canadian Imperial Bank of Commerce H1B Salaries

Salary Distribution (2025)

Salary by Job Title (2025)

Salary by Location (2025)

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