Question 1

What is the median H-1B salary at Fidelity Investments?

Accepted Answer

Fidelity Investments pays a median H-1B salary of $68,827 for sponsored positions, with an average of $72,933. The average prevailing wage across Fidelity Investments's filings is $72,933. 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 Fidelity Investments pay compared to the prevailing wage?

Accepted Answer

Fidelity Investments's average offered wage is $72,933, compared to an average prevailing wage of $72,933 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
Senior Software Engineer/Developer	52	$73,300	$76,461	$88,067
Systems Analyst	51	$56,410	$61,641	$63,710
Software Engineer/Developer	51	$57,096	$65,312	$68,827
Associate Software Engineer/Developer	50	$57,096	$67,933	$68,827
Management Consultant	11	$82,098	$82,098	$82,098
Research Analyst	10	$85,862	$85,862	$85,862
Principal Software Engineer/Developer	2	$96,470	$98,335	$100,200
Audit Analyst	2	$55,515	$55,515	$55,515
Compliance Analyst	2	$44,741	$46,343	$47,944
Director I Investment Operations	2	$81,800	$81,800	$81,800
Gaa Quantitative Associate	2	$56,139	$58,906	$61,672
Management Consultant I	2	$82,098	$82,098	$82,098
Senior Audit Analyst	2	$65,542	$70,461	$75,379
Senior It Audit Analyst	2	$75,379	$82,290	$89,200
Senior Manager, Data Analytics	2	$107,744	$107,744	$107,744
Principal Database Administrator	1	$89,107	$89,107	$89,107
Gaa Research Associate	1	$76,211	$76,211	$76,211
Project Manager, Systems Services Support	1	$69,472	$69,472	$69,472
Quality Analyst, Auditing	1	$45,469	$45,469	$45,469
Fixed Income Research Analyst, Municipal Research	1	$65,686	$65,686	$65,686

Location	Positions	Min	Median	Max
Boston, Massachusetts	79	$55,515	$81,800	$109,741
Merrimack, New Hampshire	45	$47,944	$60,528	$76,045
Durham, North Carolina	44	$58,282	$70,617	$75,379
Smithfield, Rhode Island	42	$56,410	$66,082	$76,461
Westlake, Texas	42	$62,754	$67,403	$80,400
Denver, Colorado	2	$63,336	$83,835	$104,333
Jersey City, New Jersey	2	$89,200	$92,887	$96,574
Salt Lake City, Utah	2	$89,107	$92,789	$96,470
Albuquerque, New Mexico	1	$44,741	$44,741	$44,741
Grapevine, Texas	1	$45,469	$45,469	$45,469

Fidelity Investments — H-1B Sponsored Salaries

Fidelity Investments H1B Salaries

Salary Distribution (2017)

Salary by Job Title (2017)

Salary by Location (2017)

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