Royal Bank of Canada US H-1B wage filings

Minneapolis, MN. Filings decided July 2025 to June 2026. Also filed as Royal Bank of Canada.

Royal Bank of Canada US filed 21 wage applications for H-1B and similar visas from July 2025 to June 2026. The median wage it offered was $179,088, 25.6% above the government's prevailing wage for the same jobs.

Filings
21
Positions covered
21
Certified
100.0%
Job titles
20
Worksite cities
4
Filings since FY2020
75
Median offer change since FY2024
+2%

Offered wage since 2020

Royal Bank of Canada US's median H-1B wage offer rose 2%, from $187,500 in fiscal 2024 to $190,360 in fiscal 2026 so far. In fiscal 2026 it was 39.5% above the prevailing wage. Its busiest full year was fiscal 2025, with 32 filings.

Middle half of offered wagesMedian offered wageMedian prevailing wageFilings per year

$80k$120k$160k$200k$240k$188k$185k$188k$148k$190k22020120214202232023162024322025172026*

Fiscal years run October to September. Fiscal 2026 is still running: these figures cover October 2025 to June 2026.

Royal Bank of Canada US by fiscal year

Fiscal yearFilingsMedian offeredvs year beforeMedian prevailingvs prevailing
2026 (Oct to Jun)17$190,360+29.1%$136,469+39.5%
202532$147,500−21.3%$120,685+16.9%
202416$187,500+1.4%$135,388+34.6%
20233$185,000−1.3%$158,454+22.1%
20224$187,500n/a$159,619+21.2%
20211n/an/an/an/a
20202n/an/an/an/a

Offered wage by job title

Middle half of offered wagesMedian offered wageMedian prevailing wage

Job titleFilingsMedian offeredOffered range and prevailing wagevs prevailing
Vice President Corporate Banking2$225,000+25.6%
Analyst1$100,000+13.8%
Analyst, Capital Planning1$100,000+13.8%
Associate1$185,000+56.5%
Associate Director Counterparty Credit Risk1$191,000+1.5%
Associate Director, Regulatory Content1$116,147at the minimum
Capital Markets Sales and Advisory Associate1$165,000+39.5%
Corporate Banking Associate1$170,000+43.8%
Director1$300,000+59.4%
Director, Business Integration1$169,541at the minimum
Director, Enterprise Strategy & Transformation1$203,000+57.1%
Director, IA for U.S. Capital Markets1$220,000+50.6%
Head of Risk WM US1$190,360+39.5%
Interest Rate Risk Analyst1$142,000+52.4%
Investment Banking Associate1$225,000+153.7%
Lead ServiceNow Developer1$155,772+0.1%
Risk Manager, Counterparty Credit Risk1$100,000+9.9%
Senior Risk Analyst1$118,000+22.4%
Vice President1$275,000+53.6%
Vice President - Global Investment Banking1$179,088at the minimum

Where the jobs are

WorksiteFilingsMedian offered
New York, NY15$185,000
Jersey City, NJ4$162,657
Los Angeles, CA1$142,000
Minneapolis, MN1$190,360

By visa type: 19 H-1B, 2 E-3 (Australia). By outcome: 19 certified, 2 certified and later withdrawn.

Filings by quarter

Jul to Sep 20254
Oct to Dec 20252
Jan to Mar 20261
Apr to Jun 202614

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

Level I, entry20%
Level II, qualified25%
Level III, experienced5%
Level IV, fully competent50%

The government assigns each job one of four wage levels. A higher level means a higher legal minimum.

What these numbers are

Source: U.S. Department of Labor, OFLC disclosure data. How we clean and count it.

Other employers based in Minneapolis, MN