Barclays Services Corp is a company based in New York, New York that has hired a total of 217 Perm Visa Employees as of across 3 locations, with the majority of hires in NY.
The primary jobs hired include Operations Research Analysts, Lawyers, and Computer Occupations, All Other.
The average salary at Barclays Services Corp for the jobs listed above is $120,961.90.
This company has mostly hired people from the Securities and Commodity Contracts Intermediation and Brokerage industry
The company has been hiring employees since at least 2010, and both the number of Perm employees and the average salary has been rising over time.
Barclays Services Corp has a Perm Visa approval rate of 48.87% .
Barclays Services Corp
745 Seventh Avenue
New York,
NEW YORK
444
$115,296.59
217 Approved
1 Denied
15 Withdrawn
211 Certified Expired
| Job Title | Job Location | Salary | Number Of Jobs |
|---|---|---|---|
| Operations Research Analysts | New York, Ny | $55,424.80 | 3 |
| Lawyers | New York, Ny | $137,141.20 | 3 |
| Computer Occupations, All Other | Whippany, Nj | $110,711.67 | 3 |
| Securities, Commodities, And Financial Services Sales Agents | New York, Ny | $83,647.00 | 2 |
| Database Administrators | Whippany, Nj | $135,470.00 | 2 |
| Computer And Information Systems Managers | New York, Ny | $129,418.00 | 1 |
| Transportation, Storage, And Distribution Managers | Whippany, Nj | $125,195.00 | 1 |
| Financial Examiners | Whippany, Nj | $71,053.00 | 1 |
| Treasurers And Controllers | New York, Ny | $113,360.00 | 1 |
| Compliance Officers | Whippany, Nj | $51,979.00 | 1 |
Barclays Services Corp has been in the Perm Visa program since 2010 where they hired 4 employees. They peaked in 2021 with 36 employees, and have since been on a decline with the most recent number of employees being 16 in 2023.
Barclays Services Corp has been in the Perm Visa program since 2010 where the average salary was $99,020. They peaked in 2023 with an average salary of $124,709, and the recent trend shows the average salary on an incline.
Barclays is a major global financial services provider that engages with retail banking, corporate investment, and wealth management. Barclays' origins can be found as far back as 1690, founded by goldsmith bankers John Freame and Thomas Gould in London. Since then, Barclays has been a leading innovator, with such accomplishments ranging from funding the very first industrial steam railway to introducing the world to the ATM.
To this day, Barclays ambitiously moves, lends, invests and protects money for 48 million customers across the globe. Despite its U.K. background, the company’s Wealth unit is actually based in New York City along with Capital corporate business facilities in over a dozen cities across the U.S. Opening an account with Barclays ensures no monthly fees and is inlaid with strong security monitoring. Barclays had once offered “Dream Accounts”, special online savings that awarded bonuses from making certain investments, but that has been discontinued as of 2017.
According to My Visa Jobs, the majority of work visas accepted are from India, the United Kingdom and China. Most of the jobs assigned to foreign workers involve development, specifically AVP development. An AVP Development Officer is defined as being “responsible for business development and the selling of bank services primarily focusing on existing clients” (Indeed.com). This position is one of the highest paying within the corporation, with salaries reaching to $140K.
Another job that is high in demand for H1B workers is being a Java Developer. As this specific type of developer, workers would be responsible for designing, developing, and managing applications within Java-based applications, obviously having intimate knowledge with the program. Even the less tech-savvy and most casual online browsers may have come across Java once or twice in their online travels. Originally released in 1995 by Sun Microsystems, Java is best defined as an object-oriented programming language that is a mostly independent programming platform. As of 2007, Java’s core code has become a free open source and has been updated as recently as January 2019. Java often advertises itself as a simple to learn program, so knowing the inner workings of Java could be a one way trip to landing a job with Barclays, however some companies would rather prefer to hire a developer with Bachelor-level college experience. On average, Java Developers can make around $77K.
Barclays, as a corporate business, has existed for well over three centuries and the most surefire way for a company to thrive for so long is to constantly update its business platform. The highest paying jobs within Barclays involve some form of development, not only in terms of business strategies, but also on the digital front as well. Obviously, like any good company Barclays is focused on customer satisfaction and sees every opportunity of keeping with the times both financially and technologically.
While Java is an intentionally simple program to utilize, Barclays may not have enough individuals focused and working with the platform. With H1B employees often working less than their locally hired counterparts, Barclays may be trying to transfer such jobs to their foreign hires so more local hires can hold higher paid positions. Yet, H1B workers can provide insight to the inner workings of Barclays if they take on the AVP Development Officer position, thus directing the development of the company’s services.
In an article put out by Bloomberg in February 2018, several banks were listed as having pulled back on H1B hiring due to interference from the Trump administration within the realm of offshore careers. Barclays was among several that were named. Bloomberg also put out another article recently in relation to the viral pandemic, titled “Over 200,000 H-1B Workers Could Lose Legal Status by June“, however the validity of this article has been challenged by am22tech.com via fact-checking. According to piece-writer Anil Gupta, this was false and misunderstood information.
The article put out by Bloomberg stated that many of these H1B workers would be laid off from banking companies like Barclays and given 60 days to find another H1B sponsor or be deported. Gupta retorted that these estimates were being taken out of context by Bloomberg and the numbers were in relation to Indian workers who had been laid off prior to the pandemic and definitely not under the scrutiny of Trump’s immigration ban.