PANACEA TECHNOLOGIES, INC. — H1B Visa Sponsor Profile
H1B Visa Sponsorship Overview
PANACEA TECHNOLOGIES, INC., based in MONTGOMERYVILLE, PA, has filed 28 H1B labor condition applications with the U.S. Department of Labor since FY2008. According to USCIS data, the company has an overall 90.9% petition approval rate, with 10 approvals and 1 denials for initial employment petitions.
The average salary offered on H1B applications is $67,748. This is -24.3% compared to the national median salary of $92,370 for the most common position, Industrial Engineers.
PANACEA TECHNOLOGIES, INC. has also filed 11 green card (PERM) applications, with 6 certified, indicating long-term sponsorship commitment for foreign workers. Green Card Sponsor
PANACEA TECHNOLOGIES, INC. operates in the Professional, Scientific, and Technical Services industry.
H1B Salaries by Job Title
| Job Title | LCAs | Avg Salary | Market Median | vs Market |
|---|---|---|---|---|
| Industrial Engineers | 18 | $69,883 | $92,370 | -24.3% Below Market |
USCIS Approval History
Work Locations
Green Card (PERM) Sponsorship
PANACEA TECHNOLOGIES, INC. has filed 11 PERM applications for permanent labor certification, with 6 certified.
| Job Title | Applications | Certified | Avg Salary |
|---|---|---|---|
| Validation Engineers | 4 | 3 | $73,025 |
| Validation Engineers | 4 | 2 | $94,724 |
| Electrical Engineers | 3 | 1 | $70,223 |
H1B Filing Trends
| Year | LCAs | Certified | Denied | Avg Salary | Workers |
|---|---|---|---|---|---|
| FY2020 | 2 | 2 | 0 | $79,747 | 2 |
| FY2019 | 1 | 0 | 0 | $81,390 | 3 |
| FY2018 | 3 | 0 | 0 | $79,644 | 4 |
| FY2017 | 1 | 0 | 0 | $64,000 | 6 |
| FY2016 | 1 | 0 | 0 | $62,500 | 7 |
| FY2015 | 5 | 0 | 0 | N/A | 5 |
| FY2014 | 1 | 0 | 0 | $80,000 | 1 |
| FY2013 | 1 | 0 | 0 | $60,000 | 1 |
| FY2012 | 3 | 0 | 0 | $65,528 | 3 |
| FY2011 | 2 | 0 | 0 | $64,000 | 2 |
| FY2010 | 3 | 0 | 0 | $62,333 | 3 |
| FY2009 | 4 | 0 | 0 | $59,325 | 4 |
| FY2008 | 1 | 0 | 0 | $63,000 | 3 |