Question 1

What is the median H-1B salary at Markit North America, INC. D/B/A IHS Markit?

Accepted Answer

Markit North America, INC. D/B/A IHS Markit pays a median H-1B salary of $74,630 for sponsored positions, with an average of $82,368. The average prevailing wage across Markit North America, INC. D/B/A IHS Markit's filings is $80,813. 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 Markit North America, INC. D/B/A IHS Markit pay compared to the prevailing wage?

Accepted Answer

Markit North America, INC. D/B/A IHS Markit's average offered wage is $82,368, compared to an average prevailing wage of $80,813 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
Software Engineer	11	$59,779	$74,630	$100,100
Developer	6	$55,910	$96,190	$111,405
Product Analyst	6	$55,744	$86,070	$97,000
Quality Assurance Analyst	5	$53,165	$59,779	$62,754
Client Services Analyst	3	$56,000	$64,813	$64,813
Senior Developer	3	$68,827	$96,585	$96,585
Business Analyst	3	$64,813	$86,864	$86,864
Engineer	2	$59,779	$61,870	$63,960
Product Services Specialist	2	$55,661	$55,900	$56,139
Product Services Analyst	2	$65,749	$73,944	$82,139
Associate, Lead Generation	2	$38,771	$42,723	$46,675
Product Services Associate	2	$55,744	$70,304	$84,864
Vp, Sql Developer	2	$91,229	$91,229	$91,229
Chief Technology Officer	1	$143,749	$143,749	$143,749
Associate Director, Software Developer	1	$137,696	$137,696	$137,696
Avp, Quality Assurance Analyst	1	$71,781	$71,781	$71,781
Avp, Product Services Specialist	1	$86,500	$86,500	$86,500
Associate Director (It Project Manager), Markit Corporate Ac	1	$130,000	$130,000	$130,000
Assistant Vice President, Developer	1	$111,405	$111,405	$111,405
Avp, Developer Lead	1	$111,405	$111,405	$111,405

Location	Positions	Min	Median	Max
New York, New York	49	$38,771	$84,864	$185,000
Boulder, Colorado	21	$51,896	$73,133	$98,696
Dallas, Texas	15	$54,059	$78,957	$101,566
Andover, Massachusetts	4	$55,661	$98,908	$127,421
Naperville, Illinois	4	$52,666	$62,255	$110,600
Bellevue, Washington	1	$56,139	$56,139	$56,139

Markit North America, INC. D/B/A IHS Markit — H-1B Sponsored Salaries

Markit North America, INC. D/B/A IHS Markit H1B Salaries

Salary Distribution (2017)

Salary by Job Title (2017)

Salary by Location (2017)

Similar Visa Sponsors

Stash Invest

Fitch Group Services, Inc.

Thrivent Financial for Lutherans

Clearwater Analytics, LLC

Marshall Wace North America LP

ICE DATA Connectivity & Feeds INC.

Frequently Asked Questions

Ready to modernize your immigration program?

Ready to modernize your immigration program?