Quantcast

River Region Times

Sunday, February 23, 2025

H-1B Insights: An employer classified under Finance and Insurance industry file 13 petitions in River Region Times publication area throughout 2024

Webp vgjln8rq77i4odrtkziyfeu4ubny

Ur Mendoza Jaddou, Director of the U.S. Citizenship and Immigration Services (left) and Jennifer B. Higgins, Deputy Director. | https://www.uscis.gov/about-us/organization/leadership

Ur Mendoza Jaddou, Director of the U.S. Citizenship and Immigration Services (left) and Jennifer B. Higgins, Deputy Director. | https://www.uscis.gov/about-us/organization/leadership

Alfa Mutual Insurance Company, the only employer classified under the Finance and Insurance industry the River Region Times publication area to file an H-1B petition in 2024, had its petition approved, giving the company a 100% approval rate, according to data provided by the U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub.

Employers are classified under industries based on their reported operations and may be involved in multiple industries.

The H-1B visa program allows U.S. employers to temporarily hire foreign workers in specialty occupations requiring specialized knowledge and at least a bachelor’s degree or equivalent. It is designed to address skill gaps in the U.S. workforce while ensuring wage standards to protect both U.S. and H-1B workers. Employers must certify that they will pay H-1B workers wages equal to or greater than those of similarly qualified U.S. employees or the prevailing local wage.

The average approval rate for H-1B petitions across the United States in 2024 stood at 98%, slightly higher than 2023's 97.3%.

Compared to 2023, the Finance and Insurance sector in the River Region Times publication area saw a 160% increase in the number of H-1B petitions during 2024.

The United States admits around 1 million legal immigrants annually, most of whom receive permanent residence (green cards) through family sponsorship or employment-based visas. In 2023, about 1.2 million immigrants were granted green cards, a return to pre-pandemic levels. Temporary visa programs, such as the H-1B for highly skilled workers and H-2A for seasonal agricultural workers, also play a critical role in filling workforce needs.

Public opinion on immigration varies, with 46% of Americans favoring maintaining current legal immigration levels, according to a 2024 Pew Research Center survey. Additionally, 42% believe that highly skilled workers, such as scientists, doctors, and programmers, should be prioritized for legal immigration, compared to 25% who prioritize workers filling labor shortages and 19% who emphasize family sponsorship. Despite this, family sponsorship remains the most common path to permanent residency, accounting for 63% of green cards issued in 2023.

The data in this article comes from the H-1B Employer Data Hub provided by the U.S. Citizenship and Immigration Services (USCIS). While USCIS strives for accuracy, manual data entry and errors on paper forms submitted by applicants or petitioners may result in discrepancies in employer names, tax IDs, locations, or other details.

H-1B Petitions by Industry in the River Region Times Publication Area, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Health Care and Social Assistance1723.6%100%0%
2Educational Services1622.2%100%0%
3Finance and Insurance1318.1%100%0%
4Professional, Scientific, and Technical Services912.5%100%0%
5Manufacturing811.1%100%0%
6Other Services (except Public Administration)34.2%100%0%
7Construction22.8%100%0%
8Retail Trade11.4%100%0%
8Wholesale Trade11.4%100%0%
8Information11.4%100%0%
8Administrative and Support and Waste Management and Remediation Services11.4%100%0%
Employer H-1B Petitions in the River Region Times Publication Area During 2024
Company NameIndustryTotal Petitions% Approved% Denied
Alfa Mutual Insurance CompanyFinance and Insurance13100%0%
Auburn UniversityEducational Services10100%0%
Jackson Hospital and Clinic, Inc.Health Care and Social Assistance9100%0%
Goodwyn Mills Cawood, LLCProfessional, Scientific, and Technical Services4100%0%
HD Hyundai Power Transformers USAManufacturing3100%0%
Gulf States Conference of SeventhOther Services (except Public Administration)3100%0%
Yesac, Corp.Construction2100%0%
Neptune Technology Group, Inc.Manufacturing2100%0%
Montgomery Pulmonary Consultants PHealth Care and Social Assistance2100%0%
Faulkner UniversityEducational Services2100%0%
Central Alabama Community CollegeEducational Services2100%0%
AMB Consulting Group, LLCProfessional, Scientific, and Technical Services2100%0%
Alabama State UniversityEducational Services1100%0%
Warren Averett Companies, LLCProfessional, Scientific, and Technical Services1100%0%
The Health Care Authority for BaptHealth Care and Social Assistance1100%0%
Sys Con, LLCProfessional, Scientific, and Technical Services1100%0%
SL Alabama, LLCManufacturing1100%0%
River Region Psychiatry Associates, LLCHealth Care and Social Assistance1100%0%
River Region Psychiatry AssociatesHealth Care and Social Assistance1100%0%
RG Group, Inc.Professional, Scientific, and Technical Services1100%0%
Pourghazian, LLCManufacturing1100%0%
Alabama Vascular Specialists, PCHealth Care and Social Assistance1100%0%
Montgomery Cardiovascular AssociatHealth Care and Social Assistance1100%0%
Job Creation, LLCAdministrative and Support and Waste Management and Remediation Services1100%0%
Jay R Smith Manufacturing Company Smith IndustrieManufacturing1100%0%
Autauga County Board of EducationEducational Services1100%0%
Innovar Healthcare Systems Group, Inc.Information1100%0%
Baba Trading, LLCRetail Trade1100%0%
Community Hospital, Inc.Health Care and Social Assistance1100%0%
Daeheung America, Inc.Wholesale Trade1100%0%

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate