SVB Financial Group H1B Salary, Approval Rate & Sponsor Data

H1B Visa Sponsorship Overview

SVB Financial Group, based in Santa Clara, CA, has filed 435 H1B labor condition applications with the U.S. Department of Labor since FY2008. According to USCIS data, the company has an overall 92.7% petition approval rate, with 38 approvals and 3 denials for initial employment petitions.

The average salary offered on H1B applications is $116,074.

SVB Financial Group has also filed 210 green card (PERM) applications, with 83 certified, indicating long-term sponsorship commitment for foreign workers. Green Card Sponsor

SVB Financial Group operates in the Finance and Insurance industry.

H1B Salaries by Job Title

Job Title	LCAs	Avg Salary	Market Median	vs Market
Software Developers, Applications	95	$122,480	N/A	N/A
Computer Systems Analysts	68	$105,344	N/A	N/A
Information Technology Project Managers	55	$110,470	N/A	N/A
Computer and Information Systems Managers	25	$160,967	$163,310	-1.4% At Market
Software Developers, Systems Software	20	$120,952	N/A	N/A
Financial and Investment Analysts	17	$102,094	$76,540	+33.4% Above Market
Accountants and Auditors	12	$104,161	$81,420	+27.9% Above Market
Financial Specialists, All Other	12	$79,127	$85,290	-7.2% Below Market
Software Developers	12	$141,656	$102,420	+38.3% Above Market
Management Analysts	9	$118,288	$67,500	+75.2% Above Market
Financial Managers	7	$179,219	$146,970	+21.9% Above Market
Computer Software Engineers, Applications	7	$102,686	N/A	N/A
Credit Analysts	6	$105,984	$62,540	+69.5% Above Market
Financial Examiners	6	$131,929	$78,360	+68.4% Above Market
Computer Occupations, All Other*	4	$94,394	N/A	N/A
Business Intelligence Analysts	4	$158,019	$100,190	+57.7% Above Market
Database Administrators	3	$112,199	N/A	N/A
MARKET RESEARCH ANALYSTS AND MARKETING SPECIALISTS	2	$66,150	$59,740	+10.7% Above Market
Computer Systems Analysts	2	$99,669	N/A	N/A
Information Security Analysts	2	$107,734	N/A	N/A

USCIS Approval History

Year	Initial Approved	Initial Denied	Approval Rate
FY2022	5	0	100.0%
FY2021	7	0	100.0%
FY2019	3	1	75.0%
FY2018	2	2	50.0%
FY2016	5	0	100.0%
FY2015	2	0	100.0%
FY2014	2	0	100.0%
FY2013	4	0	100.0%
FY2012	4	0	100.0%
FY2011	1	0	100.0%
FY2009	1	0	100.0%

Work Locations

Santa Clara, CA — 212 LCAs, avg $119,443
Tempe, AZ — 125 LCAs, avg $107,148
San Francisco, CA — 47 LCAs, avg $120,638
New York, NY — 8 LCAs, avg $141,881
Palo Alto, CA — 8 LCAs, avg $99,439
Menlo Park, CA — 7 LCAs, avg $110,374
Atlanta, GA — 4 LCAs, avg $139,706
Dallas, TX — 3 LCAs, avg $108,863
Richardson, TX — 3 LCAs, avg $132,602
San Jose, CA — 3 LCAs, avg $106,339

Green Card (PERM) Sponsorship

SVB Financial Group has filed 210 PERM applications for permanent labor certification, with 83 certified.

Job Title	Applications	Certified	Avg Salary
Software Developers, Applications	66	24	$131,524
Computer Systems Analysts	32	15	$129,935
Software Quality Assurance Engineers and Testers	25	12	$133,305
Computer and Information Systems Managers	17	9	$186,645
Software Developers, Systems Software	9	5	$142,515
Treasurers and Controllers	6	1	$201,022
	6	0	$107,026
Computer Software Engineers, Applications	5	0	$105,336
Computer Software Engineers, Systems Software	4	0	$121,326
Software Developers	4	0	$156,919

H1B Filing Trends

Year	LCAs	Certified	Avg Salary	Workers
FY2022	29	29	$147,192	29
FY2021	63	61	$129,262	63
FY2020	27	25	$132,573	27
FY2019	51	0	$120,784	51
FY2018	68	0	$117,338	68
FY2017	51	0	$109,217	51
FY2016	27	0	$100,303	27
FY2015	26	0	N/A	26
FY2014	24	0	$89,998	24
FY2013	10	0	$101,064	10
FY2012	16	0	$103,256	16
FY2011	12	0	$104,318	12
FY2010	8	0	$103,766	8
FY2009	7	0	$69,860	7
FY2008	16	0	$104,497	16