This page reports the average proffered salary of labor condition applications for H-1B Visa and labor certifications for green card filed by Bank of America since 2003. All wages if reported in hour, week or month have been converted to annual salary.

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2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 H1B Visa 85,121 85,116 89,173 91,118 94,414 96,527 102,601 Sign In Sign In Sign In Green Card 84,164 98,774 - 93,561 95,657 98,953 97,001 Sign In Sign In Sign In
The above chart and table report the average proffered salary of H1B Visa and Green Card positions in Bank of America. The Immigration and Nationality Act requires that the hiring of a foreign worker will not adversely affect the wages and working conditions of U.S. workers comparably employed. To comply with the statute, the Department of Labor's regulations require that the wages offered to a foreign worker must be the prevailing wage rate for the occupational classification in the area of employment. American employer, Bank of America, must attest that, it will pay no less than (a) the actual wage level paid to all other individuals at the work site with similar experience and qualifications, and (b) the prevailing wage for the occupational classification in the area of intended employment. The salary refers to guaranteed income, so the bonus and benefits does not count.