Question 1

Does Federal Reserve Bank of Richmond sponsor H-1B visas?

Accepted Answer

Yes. Federal Reserve Bank of Richmond has filed 11 H-1B Labor Condition Applications (LCAs) with the Department of Labor, covering 12 total positions across 2 states. The median salary for Federal Reserve Bank of Richmond's sponsored positions is $122,242.

Question 2

What H-1B salary does Federal Reserve Bank of Richmond pay?

Accepted Answer

Federal Reserve Bank of Richmond pays a median H-1B salary of $122,242 for sponsored positions. Employers are required to pay H-1B workers at least the prevailing wage set by the DOL for the occupation and area. The wage level distribution on this page shows how Federal Reserve Bank of Richmond's positions break down across entry-level (Level I) through expert (Level IV) roles.

Question 3

Does Federal Reserve Bank of Richmond also sponsor green cards?

Accepted Answer

Yes. Federal Reserve Bank of Richmond has filed 4 PERM labor certification applications for employer-sponsored green cards, with a 100% approval rate. See the Green Cards tab for full PERM filing details.

Question 4

What do the H-1B wage levels mean?

Accepted Answer

The DOL assigns prevailing wages at four levels based on the complexity of the job and experience required. Level I (Entry) is set at the 17th percentile of wages for the occupation and area. Level II (Qualified) is at the 34th percentile. Level III (Experienced) is at the 50th percentile (median). Level IV (Expert) is at the 67th percentile. Higher wage levels indicate more senior positions and are viewed more favorably in H-1B petition adjudication.

Question 5

Is Federal Reserve Bank of Richmond an H-1B dependent employer?

Accepted Answer

No, Federal Reserve Bank of Richmond is not classified as an H-1B dependent employer. An employer is considered H-1B dependent when 15% or more of its workforce holds H-1B visas.

Year	Filings	Certified
2024	1	1
2023	2	2
2021	1	1
2019	5	5
2018	2	2

Job Title	Salary	Location	Filed	Status
Financial Economist I-200-24019-652101	$190,373	Charlotte, NC	Jan 19, 2024	Certified
Financial Economist I-200-23075-854583	$179,366	Charlotte, NC	Mar 16, 2023	Certified
Financial Economist I-200-23075-854577	$191,356	Charlotte, NC	Mar 16, 2023	Certified
Financial Economist I-200-21049-086165	$86,112	Charlotte, NC	Feb 18, 2021	Certified
ECONOMIST - RESEARCH I-200-19151-692042	$122,242	Richmond, VA	Jun 3, 2019	Certified
FINANCIAL ECONOMIST I-200-19136-126422	$125,986	Charlotte, NC	May 22, 2019	Certified
ECONOMIST - RESEARCH I-200-19121-331766	$122,242	Richmond, VA	May 7, 2019	Certified
ECONOMIST - RESEARCH I-200-19093-435951	$122,242	Richmond, VA	Apr 4, 2019	Certified
PROJECT MANAGER - TECH. - SR. I-200-19024-930322	$102,648	Richmond, VA	Jan 25, 2019	Certified
RESEARCH ECONOMIST I-200-18145-849618	$117,936	RICHMOND, VA	May 25, 2018	Certified
RESEARCH ECONOMIST I-200-18116-070676	$117,936	RICHMOND, VA	Apr 27, 2018	Certified

Federal Reserve Bank of Richmond — H-1B Visa Sponsorship Data

Federal Reserve Bank of Richmond LCA & H1B Filings

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