Question 1

Does Putnam Investments sponsor green cards?

Accepted Answer

Yes. Putnam Investments has filed 6 PERM labor certification applications with the Department of Labor, with 5 certified. The median processing time from filing to decision has been 207 days.

Question 2

What is the current PERM processing time?

Accepted Answer

The DOL processing time from PERM filing to decision typically ranges from 6 to 18 months. This does not include the prevailing wage determination (1–6 months) or the recruitment period (2–3 months) that happen before filing. For Putnam Investments, the median processing time from filing to decision has been 207 days. See the processing time chart above for year-over-year trends.

Question 3

How long does it take to get a green card through Putnam Investments?

Accepted Answer

The full employer-sponsored green card timeline depends on three stages: PERM labor certification (6–18 months), I-140 petition with USCIS (4–6 months, or 15 days with premium processing), and adjustment of status or consular processing. For applicants from countries with visa backlogs like India and China, the wait for a visa number after I-140 approval can add years. The total process from start to green card typically takes 1–5+ years.

Question 4

What triggers a PERM audit?

Accepted Answer

The DOL may audit a PERM application if certain risk factors are present: layoffs within 6 months of filing, the foreign worker having an ownership interest in the company, job requirements that exceed the norm for the occupation, foreign language requirements, or combination occupations. An audit requires additional documentation but does not mean the case will be denied.

Question 5

What is Putnam Investments's PERM approval rate?

Accepted Answer

Putnam Investments has a 100% PERM approval rate across 6 total applications (5 certified, 0 denied, 1 withdrawn). The national average PERM approval rate is approximately 85%. Note that withdrawn cases are not counted in the approval rate calculation.

Year	Filings	Certified	Withdrawn	Median Processing Days
2024	2	1	1	476
2023	1	1	0	378
2022	1	1	0	272
2016	2	2	0	68

Job Title	Salary	Location	Filed	Decision	Days	Status
Quantitative Derivative Specialist G-100-24158-078567	$150,000	Boston, MA	Jun 6, 2024	Sep 25, 2025	476	Certified
GFI Portfolio Construction Specialist G-100-24157-074544	$138,000	Boston, MA	Jun 5, 2024	Oct 25, 2024	142	Withdrawn
Emerging Markets Analyst A-23090-21011	$192,500	Boston, MA	May 30, 2023	Jun 11, 2024	378	Certified
Multi-Asset Quantitative Research Analyst A-22159-68371	$110,000	Boston, MA	Jul 29, 2022	Apr 27, 2023	272	Certified
*RMBS Portfolio Specialist A-16273-57442	$135,000	Boston, MA	Nov 7, 2016	Jan 12, 2017	66	Certified-Expired
CMBS* Portfolio Specialist A-16271-56736	$140,000	Boston, MA	Sep 28, 2016	Dec 7, 2016	70	Certified-Expired

Putnam Investments — Green Card PERM Data

Putnam Investments PERM & Green Card Filings

PERM Filings by Quarter

PERM Processing Time by Year

All PERM Filings

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