Question 1

What is the median H-1B salary at Regions Bank?

Accepted Answer

Regions Bank pays a median H-1B salary of $96,242 for sponsored positions, with an average of $102,247. The average prevailing wage across Regions Bank's filings is $85,222. 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 Regions Bank pay compared to the prevailing wage?

Accepted Answer

Regions Bank's average offered wage is $102,247, compared to an average prevailing wage of $85,222 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
Consumer Credit Risk Quantitative Analyst Ii	7	$54,621	$79,726	$86,210
Data Scientist	4	$76,128	$100,723	$117,422
Credit Risk Management Consumer Credit Administrator	2	$99,390	$101,612	$103,834
Risk Data Scientist	2	$110,000	$117,500	$125,000
Data Scientist Ii	2	$72,342	$103,671	$135,000
Data Quality Assurance Programmer Analyst	2	$100,000	$118,405	$136,810
Big Data Warehouse Integration Specialist	2	$97,406	$101,265	$105,125
Risk Quantitative Manager	2	$91,357	$107,564	$123,770
Audit Development Program Auditor	2	$65,000	$69,189	$73,379
Risk Quantitative Analyst I	2	$67,240	$69,470	$71,700
Business Intelligence Analyst Iv	1	$102,600	$102,600	$102,600
Consumer Credit Risk Quantitative Analyst I	1	$77,250	$77,250	$77,250
Bsa/Aml Quantitative Modeling Analyst (13-2099.01)	1	$58,261	$58,261	$58,261
Cyber Security Engineer	1	$88,150	$88,150	$88,150
Big Data Administrator	1	$118,755	$118,755	$118,755
Capital Markets Quantitative Analyst	1	$185,000	$185,000	$185,000
Capital Markets Derivatives Operations Analyst I	1	$72,000	$72,000	$72,000
Data Engineer Ii	1	$108,247	$108,247	$108,247
Data Engineer I	1	$112,000	$112,000	$112,000
Business Systems Analyst Ii	1	$57,782	$57,782	$57,782

Location	Positions	Min	Median	Max
Hoover, Alabama	30	$63,120	$101,917	$190,000
Birmingham, Alabama	24	$57,782	$86,995	$122,637
Atlanta, Georgia	15	$54,621	$91,357	$185,000
Cumming, Georgia	1	$99,390	$99,390	$99,390
Houston, Texas	1	$87,381	$87,381	$87,381
Lakewood, Colorado	1	$90,000	$90,000	$90,000
Plano, Texas	1	$102,600	$102,600	$102,600
Roswell, Georgia	1	$125,000	$125,000	$125,000
Salt Lake City, Utah	1	$188,327	$188,327	$188,327
San Antonio, Texas	1	$91,411	$91,411	$91,411

Regions Bank — H-1B Sponsored Salaries

Regions Bank H1B Salaries

Salary Distribution (2023)

Salary by Job Title (2023)

Salary by Location (2023)

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Frequently Asked Questions

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