Magma Capital Management LLC H-1B wage filings
Chicago, IL. Filings decided July 2025 to June 2026.
Magma Capital Management LLC filed 6 wage applications for H-1B and similar visas from July 2025 to June 2026. The median wage it offered was $185,000, 48.7% above the government's prevailing wage for the same jobs.
- Filings
- 6
- Positions covered
- 5
- Certified
- 83.3%
- Job titles
- 4
- Worksite cities
- 1
- Filings since FY2024
- 14
- Median offer change since FY2024
- +23%
Offered wage since 2024
Magma Capital Management LLC's median H-1B wage offer rose 23%, from $150,000 in fiscal 2024 to $185,000 in fiscal 2026 so far. In fiscal 2026 it was 48.7% above the prevailing wage. Its busiest full year was fiscal 2024, with 7 filings.
Middle half of offered wagesMedian offered wageMedian prevailing wageFilings per year
Fiscal years run October to September. Fiscal 2026 is still running: these figures cover October 2025 to June 2026.
Magma Capital Management LLC by fiscal year
| Fiscal year | Filings | Median offered | vs year before | Median prevailing | vs prevailing |
|---|---|---|---|---|---|
| 2026 (Oct to Jun) | 6 | $185,000 | n/a | $124,446 | +48.7% |
| 2025 | 1 | n/a | n/a | n/a | n/a |
| 2024 | 7 | $150,000 | n/a | $123,885 | +21.1% |
Offered wage by job title
Middle half of offered wagesMedian offered wageMedian prevailing wage
| Job title | Filings | Median offered | Offered range and prevailing wage | vs prevailing |
|---|---|---|---|---|
| Quantitative Developer | 2 | $175,000 | +14.1% | |
| Quantitative Researcher- Equities Team Lead | 2 | $250,000 | +100.9% | |
| Quantitative Researcher | 1 | $185,000 | +48.7% | |
| Quantitative Team Lead | 1 | $300,000 | +141.1% | |
No job title on this page matches. Only the most-filed titles are listed.
Where the jobs are
| Worksite | Filings | Median offered |
|---|---|---|
| Chicago, IL | 6 | $185,000 |
By visa type: 6 H-1B. By outcome: 3 certified, 2 certified and later withdrawn, 1 withdrawn before a decision.
Filings by quarter
Across all employers, filings bunch up in the first half of each year around the annual H-1B lottery, so compare a quarter with the same quarter a year earlier, not with the one before it.
Seniority of the jobs filed
The government assigns each job one of four wage levels. A higher level means a higher legal minimum.
What these numbers are
- They are wages Magma Capital Management LLC attested to on Labor Condition Applications (Form ETA-9035), not paychecks. Bonuses and stock are not included.
- A filing is not a visa or a hire. One filing can cover several positions, and some are later withdrawn. Wage figures use certified filings only.
- The prevailing wage is the minimum the employer must pay for that job in that area, set from government wage surveys.
Source: U.S. Department of Labor, OFLC disclosure data. How we clean and count it.