Question 1

What is the median H-1B salary at Credit Suisse?

Accepted Answer

Credit Suisse pays a median H-1B salary of $125,000 for sponsored positions, with an average of $133,212. The average prevailing wage across Credit Suisse's filings is $95,101. 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 Credit Suisse pay compared to the prevailing wage?

Accepted Answer

Credit Suisse's average offered wage is $133,212, compared to an average prevailing wage of $95,101 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
Assistant Vice President	595	$60,000	$115,000	$1,200,000
Vice President	451	$100,000	$160,000	$2,000,000
Associate	394	$85,000	$150,000	$225,000
Analyst	324	$60,000	$90,000	$125,000
Exempt Non-Officer	176	$45,133	$83,000	$118,600
Director	86	$104,250	$232,500	$500,000
Technology Analyst	36	$66,000	$87,000	$107,000
Technical Analyst	34	$60,000	$78,000	$98,000
Associate Director	26	$85,000	$146,500	$200,000
Managing Director	9	$350,000	$350,000	$810,000
Authorized Officer	5	$80,000	$82,500	$115,000
Exempt Non Officer	4	$80,000	$87,500	$95,000
Equity Research Analyst	3	$85,000	$85,000	$90,000
Research Associate	2	$85,000	$112,500	$140,000
Exempt Non- Officer	2	$95,000	$97,500	$100,000
Vice President, Program Manager	1	$152,000	$152,000	$152,000
1	1	$95,000	$95,000	$95,000
Vice President, Service Management Operations	1	$147,500	$147,500	$147,500
Assistance Vice President	1	$90,000	$90,000	$90,000
Assistant Vice President, Model Risk Auditor	1	$125,000	$125,000	$125,000

Location	Positions	Min	Median	Max
New York, New York	1,393	$60,000	$135,000	$2,000,000
Morrisville, North Carolina	490	$45,133	$114,000	$1,200,000
Research Triangle Park, North Carolina	138	$50,000	$105,000	$200,000
Princeton, New Jersey	45	$98,000	$146,440	$200,000
San Francisco, California	43	$85,000	$125,000	$350,000
Durham, North Carolina	17	$46,000	$54,500	$95,000
Chicago, Illinois	10	$83,000	$155,000	$200,000
Los Angeles, California	9	$85,000	$125,000	$357,500
Houston, Texas	7	$85,000	$110,000	$175,000
Boston, Massachusetts	2	$220,000	$220,000	$220,000

Credit Suisse — H-1B Sponsored Salaries

Credit Suisse H1B Salaries

Salary Distribution (2024)

Salary by Job Title (2024)

Salary by Location (2024)

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