SVB Financial Group H-1B wage filings
Santa Clara, CA. Last filed in fiscal 2023. Figures cover every filing since fiscal 2020; none in the latest 12 months reach five.
SVB Financial Group filed 419 wage applications for H-1B and similar visas from fiscal 2020 to fiscal 2023. The median wage it offered was $128,118, 7.9% above the government's prevailing wage for the same jobs. Its most-filed job was Senior Software Engineer (61 filings, median $124,400).
- Filings since FY2020
- 419
- Positions covered
- 418
- Certified
- 99.8%
- Job titles
- 159
- Worksite cities
- 27
- Last filed
- FY2023
Offered wage since 2020
SVB Financial Group's median H-1B wage offer rose 11%, from $122,866 in fiscal 2020 to $136,552 in fiscal 2023. In fiscal 2023 it was 6.3% above the prevailing wage. Its busiest full year was fiscal 2021, with 144 filings.
Middle half of offered wagesMedian offered wageMedian prevailing wageFilings per year
Fiscal years run October to September.
SVB Financial Group by fiscal year
| Fiscal year | Filings | Median offered | vs year before | Median prevailing | vs prevailing |
|---|---|---|---|---|---|
| 2023 | 44 | $136,552 | +0.8% | $123,552 | +6.3% |
| 2022 | 131 | $135,532 | +9.1% | $122,533 | +11.1% |
| 2021 | 144 | $124,218 | +1.1% | $113,573 | +7.6% |
| 2020 | 100 | $122,866 | n/a | $110,926 | +6.5% |
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 | Median since 2020 |
|---|---|---|---|---|---|
| Senior Software Engineer | 61 | $124,400 | +9.3% | −8% since 2020 | |
| Senior Systems Analyst | 33 | $115,731 | +8.3% | +12% since 2020 | |
| Principal Software Engineer | 31 | $146,211 | +8.0% | −14% since 2020 | |
| Software Engineer | 16 | $104,670 | +11.5% | −11% since 2020 | |
| Principal Systems Analyst | 12 | $124,322 | +6.9% | ||
| Senior Software Test Engineer | 12 | $106,373 | +4.5% | +2% since 2020 | |
| IT Team Lead | 8 | $164,200 | +14.3% | ||
| Product Manager | 8 | $141,763 | +2.1% | ||
| Data Engineer | 7 | $106,008 | +39.9% | ||
| Data Scientist | 7 | $122,530 | +34.9% | ||
| Principal Data Engineer | 7 | $136,531 | +7.5% | ||
| Senior Data Engineer | 7 | $121,047 | +3.3% | ||
| Manager, Software Development | 6 | $167,025 | +17.5% | ||
| Compliance Manager | 5 | $130,296 | at the minimum | ||
| Senior Business Analyst | 5 | $104,310 | at the minimum | ||
| Senior Data Specialist | 5 | $133,557 | at the minimum | ||
| Senior Manager, Software Development | 5 | $155,262 | +2.7% | ||
| Principal Infrastructure Engineer | 4 | $136,687 | at the minimum | ||
| Systems Analyst | 4 | $104,350 | +10.4% | ||
| Associate, Credit Solutions | 3 | $85,852 | +19.1% | ||
| Manager IT | 3 | $149,157 | at the minimum | ||
| Senior Infrastructure Engineer | 3 | $111,743 | +8.8% | ||
| Senior Principal Software Engineer | 3 | $205,178 | +6.3% | ||
| Senior Solutions Architect | 3 | $126,738 | +29.9% | ||
| Software Test Engineer | 3 | $96,737 | +11.7% | ||
| Vice President, Project Finance | 3 | $159,023 | +28.7% | ||
| Credit Systems Manager | 2 | $120,140 | +9.2% | ||
| Director - DevOps/EngOps | 2 | $189,829 | +10.6% | ||
| Front End Developer | 2 | $139,520 | at the minimum | ||
| Head of Lending Product Management | 2 | $238,405 | +3.5% | ||
| Principal Cloud Engineer | 2 | $142,624 | +26.9% | ||
| Principal Systems Analysts | 2 | $124,322 | +16.0% | ||
| Product Manager - Lending Experience and Platforms | 2 | $122,044 | at the minimum | ||
| Senior API Platform Engineer | 2 | $131,207 | +27.1% | ||
| Senior Compliance Manager | 2 | $157,533 | +10.0% | ||
| Senior Credit Risk Analyst | 2 | $129,250 | +5.2% | ||
| Senior Internal Audit Associate | 2 | $96,834 | +3.4% | ||
| Sr. Manager, Business Intelligence, Credit Portfolio Analyti | 2 | $190,760 | +21.6% | ||
| Sr. Splunk Engineer | 2 | $138,176 | +26.9% | ||
| Vice President II, VCRM | 2 | $156,978 | at the minimum | ||
Showing the 40 most-filed of 159 job titles.
No job title on this page matches. Only the most-filed titles are listed.
Where the jobs are
| Worksite | Filings | Median offered |
|---|---|---|
| Tempe, AZ | 189 | $118,602 |
| Santa Clara, CA | 131 | $146,013 |
| San Francisco, CA | 21 | $150,000 |
| New York, NY | 15 | $149,365 |
| Atlanta, GA | 12 | $129,360 |
| Boston, MA | 7 | $166,590 |
| Austin, TX | 6 | $114,492 |
| Dallas, TX | 5 | $114,005 |
| Richardson, TX | 4 | $116,039 |
| Arlington, VA | 3 | $143,240 |
| Jersey City, NJ | 3 | $165,610 |
| Santa Monica, CA | 3 | $85,852 |
Showing the 12 busiest of 27 worksite cities.
By visa type: 404 H-1B, 15 E-3 (Australia). By outcome: 410 certified, 8 certified and later withdrawn, 1 withdrawn before a decision.
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 SVB Financial Group 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.