Chief Executives at FORMATION8 PARTNERS, LLC — H1B Salary Data
Salary Analysis: Chief Executives at FORMATION8 PARTNERS, LLC
FORMATION8 PARTNERS, LLC has filed 5 H1B labor condition applications for Chief Executives (SOC 11-1011) positions. The average salary offered on these applications is $209,760, with salaries ranging from $166,400 to $300,000.
Compared to the BLS national median salary of $154,440 for Chief Executives, FORMATION8 PARTNERS, LLC's H1B salary offers are +35.8% Above Market. This comparison helps assess whether the employer's compensation is competitive with the broader market rate for this occupation. The prevailing wage for this role is a key factor in H1B salary determinations.
The average prevailing wage on these applications is $173,884, which represents the Department of Labor's benchmark for this occupation and work location. Understanding the relationship between offered salary and prevailing wage is critical for H1B compliance.
Nationally, Chief Executives positions have 7,268 total H1B filings with an average salary of $214,639. FORMATION8 PARTNERS, LLC is one of multiple employers sponsoring H1B workers for this role. View the H1B visa guide for details on sponsorship eligibility and the approval process.
Salary Comparison: FORMATION8 PARTNERS, LLC vs BLS National Data
How does FORMATION8 PARTNERS, LLC's H1B salary for Chief Executives compare to the Bureau of Labor Statistics national wage distribution? This table shows the employer's offered salary alongside BLS benchmarks.
| Metric | Employer (H1B) | BLS National |
|---|---|---|
| Average / Mean | $209,760 | $241,500 |
| Minimum / 10th Percentile | $166,400 | $67,210 |
| Maximum / 90th Percentile | $300,000 | N/A |
| Median | — | $154,440 |
BLS data represents national salary distribution for Chief Executives across all industries. Total national employment: 280 workers. Source: Bureau of Labor Statistics, Occupational Employment and Wage Statistics.
Recent H1B Filings: Chief Executives at FORMATION8 PARTNERS, LLC
The following table shows recent labor condition applications filed by FORMATION8 PARTNERS, LLC for Chief Executives positions. There are 7 filings total.
| Case # | Status | Job Title | Salary | Location | Date |
|---|---|---|---|---|---|
| I-200-17101-453165 | Certified | MANAGING PARTNER | $249,600 | PALO ALTO, CA | 2017-04-17 |
| I-200-15119-711662 | Certified | MANAGING PARTNER | N/A | PALO ALTO, CA | 2015-05-05 |
| I-200-15118-884984 | Certified | MANAGING PARTNER | N/A | PALO ALTO, CA | 2015-05-04 |
| I-200-12145-058488 | Certified | MANAGING PARTNER | $166,400 – $300,000 | PALO ALTO, CA | 2012-05-31 |
| I-200-12145-835276 | Denied | MANAGING PARTNER | $166,400 – $300,000 | PALO ALTO, CA | 2012-05-31 |
| I-200-12142-859465 | Denied | MANAGING PARTNER | $166,400 – $300,000 | PALO ALTO, CA | 2012-05-24 |
| I-200-12131-009156 | Withdrawn | MANAGING PARTNER | $300,000 | PALO ALTO, CA | 2012-05-21 |
Other Positions at FORMATION8 PARTNERS, LLC
Besides Chief Executives, FORMATION8 PARTNERS, LLC sponsors H1B workers for these occupations.
| Job Title | LCAs | Avg Salary | Market Median | vs Market |
|---|---|---|---|---|
| General and Operations Managers | 2 | $219,898 | $91,560 | +140.2% Above Market |
| Human Resources Specialists | 1 | $52,000 | $72,730 | -28.5% Below Market |
| FINANCIAL ANALYST | 1 | $102,000 | $76,540 | +33.3% Above Market |
| Financial Specialists, All Other | 1 | $40,000 | $85,290 | -53.1% Below Market |
Other Employers Hiring Chief Executives
These employers also sponsor H1B workers for Chief Executives positions. Compare salary offers across different companies.
| Employer | State | LCAs | Avg Salary | Market Median | vs Market |
|---|---|---|---|---|---|
| Aristocrat Technologies, Inc. | TX | 37 | $225,737 | $154,440 | +46.2% Above Market |
| SNAPRAYS, LLC | UT | 20 | $116,736 | $154,440 | -24.4% Below Market |
| H.J. Heinz Company | PA | 13 | $363,077 | $154,440 | +135.1% Above Market |
| IMPERIAL PACIFIC INTERNATIONAL CNMI, LLC | MP | 12 | $410,365 | $154,440 | +165.7% Above Market |
| K&S CONSULTING, LLC | TX | 12 | $173,177 | $154,440 | +12.1% Above Market |