Question 1

Does Formidium Corp sponsor H-1B visas?

Accepted Answer

Yes. Formidium Corp has filed 2 H-1B Labor Condition Applications (LCAs) with the Department of Labor, covering 2 total positions. The median salary for Formidium Corp's sponsored positions is $126,137.

Question 2

What H-1B salary does Formidium Corp pay?

Accepted Answer

Formidium Corp pays a median H-1B salary of $126,137 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 Formidium Corp's positions break down across entry-level (Level I) through expert (Level IV) roles.

Question 3

Does Formidium Corp also sponsor green cards?

Accepted Answer

Based on public DOL records, Formidium Corp does not appear to have filed PERM labor certification applications for green card sponsorship.

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 Formidium Corp an H-1B dependent employer?

Accepted Answer

No, Formidium Corp 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.

Job Title	Salary	Location	Filed	Status
Vice President of Fund Administration I-200-24239-293098	$102,274	Downers Grove, IL	Aug 26, 2024	Certified
Vice-President Fund Administrator I-200-24135-992777	$150,000	Downers Grove, IL	May 14, 2024	Certified

Formidium Corp — H-1B Visa Sponsorship Data

Formidium Corp LCA & H1B Filings

Certified Filings by Quarter

All LCA Filings

Similar Visa Sponsors

RSLIC

TRUST MANAGEMENT NETWORK, LLC

Northwest Trustee & Management Services

Ventura Trust Company

The Haverford Trust Company

INTERTRUST CORPORATE SERVICES DELAWARE LTD.

Frequently Asked Questions

Ready to modernize your immigration program?

Ready to modernize your immigration program?