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Outer Banks Times

Sunday, February 23, 2025

H-1B Insights: An employer classified under Finance and Insurance industry file 5 petitions in Outer Banks Times publication area throughout 2024

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Ted H. Kim, Associate Director Refugee, Asylum and International Operations Directorate for USCIS | https://www.naco.org/

Ted H. Kim, Associate Director Refugee, Asylum and International Operations Directorate for USCIS | https://www.naco.org/

Aspida Financial Services, LLC, the only employer classified under the Finance and Insurance industry the Outer Banks Times publication area to file an H-1B petition in 2024, had its petition approved, giving the company a 100% approval rate, according to data provided by the U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub.

Employers are classified under industries based on their reported operations and may be involved in multiple industries.

The H-1B visa program allows U.S. employers to temporarily hire foreign workers in specialty occupations requiring specialized knowledge and at least a bachelor’s degree or equivalent. It is designed to address skill gaps in the U.S. workforce while ensuring wage standards to protect both U.S. and H-1B workers. Employers must certify that they will pay H-1B workers wages equal to or greater than those of similarly qualified U.S. employees or the prevailing local wage.

The average approval rate for H-1B petitions across the United States in 2024 stood at 98%, slightly higher than 2023's 97.3%.

Compared to 2023, the Finance and Insurance sector in the Outer Banks Times publication area saw a 400% increase in the number of H-1B petitions during 2024.

The United States admits around 1 million legal immigrants annually, most of whom receive permanent residence (green cards) through family sponsorship or employment-based visas. In 2023, about 1.2 million immigrants were granted green cards, a return to pre-pandemic levels. Temporary visa programs, such as the H-1B for highly skilled workers and H-2A for seasonal agricultural workers, also play a critical role in filling workforce needs.

Public opinion on immigration varies, with 46% of Americans favoring maintaining current legal immigration levels, according to a 2024 Pew Research Center survey. Additionally, 42% believe that highly skilled workers, such as scientists, doctors, and programmers, should be prioritized for legal immigration, compared to 25% who prioritize workers filling labor shortages and 19% who emphasize family sponsorship. Despite this, family sponsorship remains the most common path to permanent residency, accounting for 63% of green cards issued in 2023.

The data in this article comes from the H-1B Employer Data Hub provided by the U.S. Citizenship and Immigration Services (USCIS). While USCIS strives for accuracy, manual data entry and errors on paper forms submitted by applicants or petitioners may result in discrepancies in employer names, tax IDs, locations, or other details.

H-1B Petitions by Industry in the Outer Banks Times Publication Area, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Professional, Scientific, and Technical Services30866%96.4%3.6%
2Manufacturing9219.7%98.9%1.1%
3Educational Services275.8%92.6%7.4%
4Retail Trade214.5%85.7%14.3%
5Finance and Insurance51.1%100%0%
6Information30.6%100%0%
7Health Care and Social Assistance10.2%0%100%
7Arts, Entertainment, and Recreation10.2%100%0%
7Utilities10.2%100%0%
7Wholesale Trade10.2%0%100%
7Other Services (except Public Administration)10.2%100%0%
Employer H-1B Petitions in the Outer Banks Times Publication Area During 2024
Company NameIndustryTotal Petitions% Approved% Denied
Iqvia, Inc.Professional, Scientific, and Technical Services13098.5%1.5%
Wolfspeed, Inc.Manufacturing4297.6%2.4%
Iqvia RDS, Inc.Manufacturing34100%0%
Radcom Software Services, LLCProfessional, Scientific, and Technical Services2986.2%13.8%
Perigon Infotech, Inc.Professional, Scientific, and Technical Services15100%0%
Toshiba Global Commerce SolutionsRetail Trade1392.3%7.7%
Candorsoft Technologies, LLCProfessional, Scientific, and Technical Services13100%0%
Reaching All Minds AcademyEducational Services1291.7%8.3%
Infotek Groups, Inc.Professional, Scientific, and Technical Services1291.7%8.3%
The Reliable Solutions Group, LLCProfessional, Scientific, and Technical Services11100%0%
SLN Solutions, LLCProfessional, Scientific, and Technical Services9100%0%
Lorvish Technologies, Inc.Professional, Scientific, and Technical Services9100%0%
Accrue Select, Inc.Professional, Scientific, and Technical Services8100%0%
Epicsai, LLCProfessional, Scientific, and Technical Services887.5%12.5%
Toshiba Global Commerce Solutions, Inc.Retail Trade7100%0%
Bioagilytix Labs, LLCProfessional, Scientific, and Technical Services6100%0%
VR Itech Consulting, LLCProfessional, Scientific, and Technical Services6100%0%
Enterprise Qa Labs, Inc.Professional, Scientific, and Technical Services6100%0%
Tergus Pharma, LLCProfessional, Scientific, and Technical Services5100%0%
Aspida Financial Services, LLCFinance and Insurance5100%0%
Icloudlogic, LLCProfessional, Scientific, and Technical Services5100%0%
Bioventus, LLCProfessional, Scientific, and Technical Services5100%0%
Durham Community Charter School DEducational Services4100%0%
Q Squared Solutions, LLCManufacturing4100%0%
The Institute for the Development of Young LeadersEducational Services475%25%
Gait Solutions, LLCProfessional, Scientific, and Technical Services3100%0%
Pinnacle Tek, LLCProfessional, Scientific, and Technical Services366.7%33.3%
Allcare Plus Pharmacy, Inc.Professional, Scientific, and Technical Services3100%0%
Terarecon, Inc.Professional, Scientific, and Technical Services3100%0%
The Institute for the DevelopmentEducational Services3100%0%
Marvel Technician Groups, Inc.Professional, Scientific, and Technical Services366.7%33.3%
Round Point Technologies, Inc.Professional, Scientific, and Technical Services2100%0%
Metabytes Technologies CorporationProfessional, Scientific, and Technical Services2100%0%
Rowan-Salisbury SchoolsEducational Services2100%0%
Avista Pharma Solutions, Inc.Manufacturing2100%0%
Insightfinder, Inc.Information2100%0%
Credence Consulting Services, Inc.Professional, Scientific, and Technical Services2100%0%
Trybuy, LLCRetail Trade20%100%
Xilis, Inc.Professional, Scientific, and Technical Services1100%0%
Telit Lot Platforms, LLCWholesale Trade10%100%
Telit Iot Solutions, Inc.Professional, Scientific, and Technical Services1100%0%
Winston Salem Industries for the BOther Services (except Public Administration)1100%0%
TP US Operations, Inc.Information1100%0%
Yukon Medical, LLCManufacturing1100%0%
Symmetry Biosciences, Inc.Professional, Scientific, and Technical Services1100%0%
Trelleborg Coated Systems US, Inc.Manufacturing1100%0%
Smartint Technologies, LLCProfessional, Scientific, and Technical Services10%100%
Smart Wires, Inc.Utilities1100%0%
Viator Design and Construction, Inc.Manufacturing1100%0%
Asensus Surgical US, Inc.Manufacturing1100%0%
Baebies, Inc.Professional, Scientific, and Technical Services1100%0%
Bavarian Nordic, Inc.Manufacturing1100%0%
Bell and Howell, LLCManufacturing1100%0%
Bioskryb Genomics, Inc.Professional, Scientific, and Technical Services1100%0%
Cambridge Pharma Consultancy, Inc.Manufacturing1100%0%
Carsgen Therapeutics CorporationManufacturing1100%0%
Carteret County Board of EducationEducational Services1100%0%
CSV Informatics, LLCProfessional, Scientific, and Technical Services1100%0%
Durham Dental StudioHealth Care and Social Assistance10%100%
Eve Bio, LLCProfessional, Scientific, and Technical Services1100%0%
Lexitas Pharma Services, Inc.Professional, Scientific, and Technical Services1100%0%
Livingstone CollegeEducational Services1100%0%
Mackin Consultancy, LLCProfessional, Scientific, and Technical Services1100%0%
Marken, LLPProfessional, Scientific, and Technical Services1100%0%
Momentum Research, Inc.Professional, Scientific, and Technical Services1100%0%
Nenicel, Inc.Professional, Scientific, and Technical Services1100%0%
Nexperia USA, Inc.Manufacturing1100%0%
Reynolda House, Inc.Arts, Entertainment, and Recreation1100%0%
Sam Analytic Solutions, LLCProfessional, Scientific, and Technical Services1100%0%
Sam It Solutions, LLCProfessional, Scientific, and Technical Services1100%0%
Secure Consent, LLCManufacturing1100%0%

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