Bank Of America N.a. is a company based in New York, Ny that has hired a total of 8,168 H1B Visa Employees as of May 2023 across 31 locations, with the majority of hires in NC.
The primary jobs hired include Software Developers, Applications, Operations Research Analysts, and Financial Analysts.
The average salary at Bank Of America N.a. for the jobs listed above is $92,411.22.
This company has mostly hired people from the Commercial Banking industry
The company has been hiring employees since at least 2011 , and the number of H1B employees has been decreasing over time, while the average salary has been rising over time.
Bank Of America N.a. has an H1b Visa approval rate of 93.39% .
Bank Of America N.a.
50 Rockefeller Plaza
New York,
NY
8,746
$91,994.40
8,168 Approved
95 Denied
483 Withdrawn
| Job Title | Job Location | Salary | Number Of Jobs |
|---|---|---|---|
| Compensation And Benefits Managers | Charlotte, Nc | $115,710.00 | 1 |
Bank Of America N.a. has been in the H1B Visa program since 2011 where they hired 272 employees. They peaked in 2018 with 1,016 employees, and have since been on a decline with the most recent number of employees being 166 in 2023.
Bank Of America N.a. has been in the H1B Visa program since 2011 where the average salary was $73,341. They peaked in 2022 with an average salary of $109,279, and have since been on a decline with the most recent average salary being $90,705 in 2023.
| Job Title | Visa ID | Job Salary | Job Year | Case Status | Normalized Worksite State |
|---|---|---|---|---|---|
| Operations Research Analysts | I-200-23103-931188 | $98,530.00 | 2023 | Certified | Tx |
| Statisticians | I-200-23102-927514 | $73,362.00 | 2023 | Certified | Nc |
| Financial Analysts | I-200-23102-927526 | $133,370.00 | 2023 | Certified | Ny |
| Financial Analysts | I-200-23097-914208 | $145,038.00 | 2023 | Certified | Ca |
| Financial Analysts | I-200-23096-910710 | $161,429.00 | 2023 | Certified | Ny |
| Operations Research Analysts | I-200-23093-897247 | $78,395.00 | 2023 | Certified | Nc |
| Operations Research Analysts | I-200-23093-897259 | $78,270.00 | 2023 | Certified | Il |
| Operations Research Analysts | I-200-23093-897200 | $74,963.00 | 2023 | Certified | Tx |
| Credit Analysts | I-200-23093-896614 | $101,296.00 | 2023 | Certified | Ny |
| Operations Research Analysts | I-200-23093-897217 | $78,395.00 | 2023 | Certified | Nc |
Bank of America, N.A. is an international banking and financial services corporation. The company operates in the following sectors: consumer banking, global wealth and investment management, global banking, global markets, and all other. The company is headquartered in Charlotte, NC. It currently serves about 46 million consumers and small businesses. Bank of America, N.A. was founded in 1998 by Amadeo Giannini.
Bank of America, N.A. hires H1B visa workers into positions that are higher up in the company, not just lower-level employees. They are hired to be technical program associate officers, vice presidents of programmer profit markets, and assistant vice presidents of programmer profit markets. These employees are hired to maintain each sector of the company, particularly to watch the global markets to make sure its clients are receiving the best financial services the company can offer.
Bank of America hires so many H1B visa workers for its own advantage. Through the program, the company can pay its foreign employees less than its American employees. “The jobs that we’re replacing here aren’t rocket science. It’s database developers, skills you can learn through a four-year program…at any major American university,” a Bank of America technology employee told Charlotte Observer.
In 2016, Bank of America, N.A. filed nearly 380 applications for visa workers. The company came in ninth out of the ten employers who filed in Charlotte, NC.