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Durham Reporter

Tuesday, February 11, 2025

Durham Reporter Publication Area: How many H-1B petitions were made by employers classified under the Finance and Insurance industry during 2024?

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Jennifer B. Higgins, Deputy Director, U.S. Citizenship and Immigration Services | https://medium.com/the-u-s-digital-service/meet-the-dhs-digital-service-champions-may-2018-caee7dade2b

Jennifer B. Higgins, Deputy Director, U.S. Citizenship and Immigration Services | https://medium.com/the-u-s-digital-service/meet-the-dhs-digital-service-champions-may-2018-caee7dade2b

Employers classified under the Finance and Insurance industry based within the Durham Reporter publication area, submitted 55 H-1B petitions during 2024, according to data provided by the U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub. All of these petitions were approved.

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%. Locally, employers across all industries located within the Durham Reporter publication area submitted 4,138 petitions during the same period, achieving an approval rate of 98.5%.

While the Professional, Scientific, and Technical Services industry led the H-1B filings with 3,697 petitions, representing 89.3% of all submissions in the Durham Reporter publication area during 2024, the next largest contributor was the Manufacturing industry, which accounted for 155 petitions and represented 3.7% of the total. Among petitions from employers in the Manufacturing industry, 97.4% were approved and 2.6% were denied.

In 2024, the Durham Reporter publication area employer with the most petitions categorized under the Finance and Insurance sector was NC Health Affiliates, LLC, which filed 37 petitions with an approval rate of 100%.

Compared to 2023, the Finance and Insurance sector in the Durham Reporter publication area saw a 52.8% 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 Durham Reporter Publication Area, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Professional, Scientific, and Technical Services3,69789.3%98.7%1.3%
2Manufacturing1553.7%97.4%2.6%
3Health Care and Social Assistance691.7%98.6%1.4%
4Educational Services581.4%94.8%5.2%
5Finance and Insurance551.3%100%0%
6Retail Trade250.6%88%12%
7Information240.6%100%0%
8Utilities60.1%100%0%
9Wholesale Trade50.1%80%20%
10Agriculture, Forestry, Fishing and Hunting30.1%100%0%
10Administrative and Support and Waste Management and Remediation Services30.1%100%0%
12Construction10%100%0%
12Real Estate and Rental and Leasing10%100%0%
12Arts, Entertainment, and Recreation10%100%0%
12Other Services (except Public Administration)10%100%0%
12Management of Companies and Enterprises10%100%0%
Employer H-1B Petitions in the Durham Reporter Publication Area During 2024
Company NameIndustriesTotal Petitions% Approved% Denied
IBM CorporationProfessional, Scientific, and Technical Services2,92099.5%0.5%
Iqvia, Inc.Professional, Scientific, and Technical Services13098.5%1.5%
Laboratory Corporation of America HoldingsHealth Care and Social Assistance61100%0%
D2sol, Inc.Professional, Scientific, and Technical Services50100%0%
Wolfspeed, Inc.Manufacturing4297.6%2.4%
Technosoft Engineering, Inc.Professional, Scientific, and Technical Services4192.7%7.3%
NC Health Affiliates, LLCFinance and Insurance37100%0%
Iqvia RDS, Inc.Manufacturing34100%0%
Thermo Fisher Scientific, Inc.Professional, Scientific, and Technical Services3397%3%
Radcom Software Services, LLCProfessional, Scientific, and Technical Services2986.2%13.8%
Origin Hubs, Inc.Professional, Scientific, and Technical Services2993.1%6.9%
Healthy Start Education, Inc.Educational Services2796.3%3.7%
Lenovo United States, Inc.Manufacturing26100%0%
Harbor Hat, Inc.Professional, Scientific, and Technical Services2281.8%18.2%
Syneos Health US, Inc.Professional, Scientific, and Technical Services1894.4%5.6%
Research Triangle InstituteProfessional, Scientific, and Technical Services17100%0%
Technodeed, LLCProfessional, Scientific, and Technical Services16100%0%
Extreme Networks, Inc.Manufacturing16100%0%
Suntechpros, Inc.Professional, Scientific, and Technical Services1693.8%6.3%
Perigon Infotech, Inc.Professional, Scientific, and Technical Services15100%0%
Winsai, LLCProfessional, Scientific, and Technical Services14100%0%
Syneos Health, LLCProfessional, Scientific, and Technical Services1492.9%7.1%
Datalore Technologies, Inc.Professional, Scientific, and Technical Services14100%0%
Lenovo Global Technology United St.Professional, Scientific, and Technical Services13100%0%
Sain Technologies, LLCProfessional, Scientific, and Technical Services13100%0%
Candorsoft Technologies, LLCProfessional, Scientific, and Technical Services13100%0%
Toshiba Global Commerce SolutionsRetail Trade1392.3%7.7%
Infotek Groups, Inc.Professional, Scientific, and Technical Services1291.7%8.3%
Reaching All Minds AcademyEducational Services1291.7%8.3%
Techlogyx, Inc.Professional, Scientific, and Technical Services11100%0%
Fortrea, Inc.Manufacturing, Professional, Scientific, and Technical Services1181.8%18.2%
Tek Minded, Inc.Professional, Scientific, and Technical Services1190.9%9.1%
The Reliable Solutions Group, LLCProfessional, Scientific, and Technical Services11100%0%
It People CorporationProfessional, Scientific, and Technical Services11100%0%
Family Health InternationalProfessional, Scientific, and Technical Services1090%10%
Avalara, Inc.Information9100%0%
SLN Solutions, LLCProfessional, Scientific, and Technical Services9100%0%
Technosoft Services, Inc.Professional, Scientific, and Technical Services988.9%11.1%
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%
Sansoft, LLCProfessional, Scientific, and Technical Services8100%0%
Dynpro, Inc.Professional, Scientific, and Technical Services785.7%14.3%
Toshiba Global Commerce Solutions, Inc.Retail Trade7100%0%
SKY Systems, Inc.Professional, Scientific, and Technical Services7100%0%
KBI Biopharma, Inc.Professional, Scientific, and Technical Services7100%0%
Enterprise Qa Labs, Inc.Professional, Scientific, and Technical Services6100%0%
Syntactech, Inc.Professional, Scientific, and Technical Services683.3%16.7%
Express Logic, LLCProfessional, Scientific, and Technical Services6100%0%
VR Itech Consulting, LLCProfessional, Scientific, and Technical Services6100%0%
Premier Research International, LLCProfessional, Scientific, and Technical Services6100%0%
Bioagilytix Labs, LLCProfessional, Scientific, and Technical Services6100%0%
Prosquire, LLCProfessional, Scientific, and Technical Services6100%0%
Kdex Global, LLCProfessional, Scientific, and Technical Services683.3%16.7%
Credible Labs, Inc.Information, Finance and Insurance6100%0%
Icloud Now, LLCProfessional, Scientific, and Technical Services683.3%16.7%
Icloudlogic, LLCProfessional, Scientific, and Technical Services5100%0%
Aspida Financial Services, LLCFinance and Insurance5100%0%
Bioventus, LLCProfessional, Scientific, and Technical Services5100%0%
Labcorp Drug Development, Inc.Manufacturing, Professional, Scientific, and Technical Services580%20%
Tergus Pharma, LLCProfessional, Scientific, and Technical Services5100%0%
Arclight Wireless, Inc.Professional, Scientific, and Technical Services4100%0%
Durham Community Charter School DEducational Services4100%0%
Digital Turbine D B a Digital, Inc.Information4100%0%
Q Squared Solutions, LLCManufacturing4100%0%
Lenovo Global Technology United States, Inc.Professional, Scientific, and Technical Services475%25%
The Institute for the Development of Young LeadersEducational Services475%25%
Marvel Technician Groups, Inc.Professional, Scientific, and Technical Services366.7%33.3%
Allcare Plus Pharmacy, Inc.Professional, Scientific, and Technical Services3100%0%
UNC Physicians Network, LLCAdministrative and Support and Waste Management and Remediation Services3100%0%
Spark ITR, LLCProfessional, Scientific, and Technical Services3100%0%
The Institute for the DevelopmentEducational Services3100%0%
Terarecon, Inc.Professional, Scientific, and Technical Services3100%0%
QMS Capital Management LPFinance and Insurance3100%0%
Pyxus Holdings, Inc.Wholesale Trade3100%0%
Dcube Solutions, Inc.Professional, Scientific, and Technical Services3100%0%
Pinnacle Tek, LLCProfessional, Scientific, and Technical Services366.7%33.3%
Flexgen Power SystemsProfessional, Scientific, and Technical Services3100%0%
Gait Solutions, LLCProfessional, Scientific, and Technical Services3100%0%
Perceptive Informatics, LLCProfessional, Scientific, and Technical Services2100%0%
Rozieai, Inc.Information, Professional, Scientific, and Technical Services2100%0%
Sportsmedia Technology CorporationProfessional, Scientific, and Technical Services, Management of Companies and Enterprises2100%0%
Nu North America, Inc.Professional, Scientific, and Technical Services2100%0%
Round Point Technologies, Inc.Professional, Scientific, and Technical Services2100%0%
Strata Solar, LLCUtilities2100%0%
Net Power, LLCUtilities2100%0%
Worldwide Clinical Trials Early Phase Services Bioanalytical Sciences, LLCProfessional, Scientific, and Technical Services2100%0%
Metabytes Technologies CorporationProfessional, Scientific, and Technical Services2100%0%
8 Rivers Services, LLCFinance and Insurance2100%0%
Worldwide Clinical Trials Holding, Inc.Professional, Scientific, and Technical Services2100%0%
TG Therapeutics, Inc.Professional, Scientific, and Technical Services2100%0%
Credence Consulting Services, Inc.Professional, Scientific, and Technical Services2100%0%
Creeled, Inc.Manufacturing2100%0%
Biomerieux, Inc.Manufacturing2100%0%
Eguagen Engineers, PLLCProfessional, Scientific, and Technical Services2100%0%
Emergys, LLCInformation2100%0%
Trybuy, LLCRetail Trade20%100%
Avista Pharma Solutions, Inc.Manufacturing2100%0%
Target Pharmasolutions, Inc.Professional, Scientific, and Technical Services250%50%
Asklepios Biopharmaceutical, Inc.Manufacturing2100%0%
Symmetry Biosciences, Inc.Professional, Scientific, and Technical Services2100%0%
Kymanox CorporationProfessional, Scientific, and Technical Services2100%0%
UPL Services, LLCAgriculture, Forestry, Fishing and Hunting, Professional, Scientific, and Technical Services2100%0%
UPL Inc., NAManufacturing, Professional, Scientific, and Technical Services2100%0%
Insightfinder, Inc.Information2100%0%
Imugene USA, Inc.Professional, Scientific, and Technical Services2100%0%
Zymtronix Catalytic Systems, Inc.Professional, Scientific, and Technical Services1100%0%
Restor3d, Inc.Manufacturing1100%0%
Rithum CorporationInformation1100%0%
Telit Lot Platforms, LLCWholesale Trade10%100%
Sonic Device Repair, Inc.Other Services (except Public Administration)1100%0%
Velocity Clinical ResearchProfessional, Scientific, and Technical Services1100%0%
Telit Iot Solutions, Inc.Professional, Scientific, and Technical Services1100%0%
Worldwide Clinical Trials Early Phase Services, LLCProfessional, Scientific, and Technical Services1100%0%
Teknosys, Inc.Professional, Scientific, and Technical Services1100%0%
TP US Operations, Inc.Information1100%0%
Troxler Electronic Laboratories, Inc.Manufacturing1100%0%
Summit Design and Engineering Services, PLLCProfessional, Scientific, and Technical Services1100%0%
Yukon Medical, LLCManufacturing1100%0%
Xilis, Inc.Professional, Scientific, and Technical Services1100%0%
Validic, Inc.Information1100%0%
Sam Analytic Solutions, LLCProfessional, Scientific, and Technical Services1100%0%
Worldwide Clinical Trials Holdings, Inc.Professional, Scientific, and Technical Services1100%0%
Sam It Solutions, LLCProfessional, Scientific, and Technical Services1100%0%
Smartint Technologies, LLCProfessional, Scientific, and Technical Services10%100%
TSG Consulting, LLCProfessional, Scientific, and Technical Services1100%0%
Secure Consent, LLCManufacturing1100%0%
Sensus USA, Inc.Utilities1100%0%
Turbo Capital, Inc.Retail Trade1100%0%
Syntax Systems USA LPProfessional, Scientific, and Technical Services1100%0%
Smart Wires, Inc.Utilities1100%0%
Davinci Education, Inc.Information1100%0%
CSV Informatics, LLCProfessional, Scientific, and Technical Services1100%0%
Comnatix, LLCProfessional, Scientific, and Technical Services1100%0%
Classic D B a RDU Galleria, LLCReal Estate and Rental and Leasing1100%0%
CFSD, Inc.Wholesale Trade1100%0%
Central Park School for ChildrenEducational Services1100%0%
Carsgen Therapeutics CorporationManufacturing1100%0%
Cambridge Pharma Consultancy, Inc.Manufacturing1100%0%
Busiapp CorporationRetail Trade1100%0%
Botbuilt, Inc.Construction1100%0%
Blue Cross Blue Shield of North CAFinance and Insurance1100%0%
Bioskryb Genomics, Inc.Professional, Scientific, and Technical Services1100%0%
Bhaninfo, Inc.Professional, Scientific, and Technical Services1100%0%
Bell and Howell, LLCManufacturing1100%0%
Bavarian Nordic, Inc.Manufacturing1100%0%
Bagchi Law, PLLCProfessional, Scientific, and Technical Services1100%0%
Baebies, Inc.Professional, Scientific, and Technical Services1100%0%
Asheville Peak AcademyEducational Services1100%0%
Asensus Surgical US, Inc.Manufacturing1100%0%
Alpha Nano Technician, LLCProfessional, Scientific, and Technical Services10%100%
Almac Diagnostics, LLCProfessional, Scientific, and Technical Services1100%0%
Alliance of Professionals and ConsProfessional, Scientific, and Technical Services1100%0%
Affordable Dentures-MacedoniaHealth Care and Social Assistance1100%0%
Affordable Dentures-Lima Brian Redditt Inc., D.M.D.Health Care and Social Assistance1100%0%
Affordable Dentures & Implants-Muncie, PCHealth Care and Social Assistance1100%0%
Affordable Dentures & Implants of Pennsylvania, PLLCHealth Care and Social Assistance1100%0%
Affordable Dentures & Implants of Pennsylvania II, PLLCHealth Care and Social Assistance1100%0%
Affordable Dentures & Implants - NY, PCHealth Care and Social Assistance1100%0%
Affordable Dentures & Implants - Jeffersonville, PCHealth Care and Social Assistance1100%0%
Affordable Dentures & Implants - Illinois, PLLCHealth Care and Social Assistance1100%0%
Acmatek Solutions, Inc.Professional, Scientific, and Technical Services1100%0%
Accord Biopharma, Inc.Manufacturing1100%0%
Reged, Inc.Professional, Scientific, and Technical Services1100%0%
RBC Bank Georgia National AssociatFinance and Insurance1100%0%
Ramona Optics, Inc.Manufacturing1100%0%
Pluto Health, Inc.Information1100%0%
Pinewoods Montessori School CorporationEducational Services1100%0%
PHE, Inc.Retail Trade1100%0%
Patientpay, Inc.Professional, Scientific, and Technical Services1100%0%
Orchid Gene, LLCAgriculture, Forestry, Fishing and Hunting1100%0%
NWN CorporationRetail Trade1100%0%
North Carolina Central UniversityEducational Services1100%0%
Nexperia USA, Inc.Manufacturing1100%0%
New Kinetic Solutions, LLCArts, Entertainment, and Recreation1100%0%
Nenicel, Inc.Professional, Scientific, and Technical Services1100%0%
NC School Science and MathematicsEducational Services1100%0%
Momentum Research, Inc.Professional, Scientific, and Technical Services1100%0%
Metametrics, Inc.Professional, Scientific, and Technical Services1100%0%
Mercalis D B a Triangle Insigh, Inc.Professional, Scientific, and Technical Services10%100%
Marken, LLPProfessional, Scientific, and Technical Services1100%0%
Leyline Renewable Capital, LLCFinance and Insurance1100%0%
Lexitas Pharma Services, Inc.Professional, Scientific, and Technical Services1100%0%
Laut Design, Inc.Professional, Scientific, and Technical Services1100%0%
Laboratory Corporation of AmericaHealth Care and Social Assistance1100%0%
Kipp Eastern NC Public SchoolsEducational Services1100%0%
International Montessori School, Inc.Educational Services1100%0%
Innatrix, Inc.Agriculture, Forestry, Fishing and Hunting1100%0%
Growers Holdings, Inc.Professional, Scientific, and Technical Services1100%0%
Gridbridge, Inc.Manufacturing1100%0%
Greenlight Biosciences, Inc.Professional, Scientific, and Technical Services1100%0%
Eve Bio, LLCProfessional, Scientific, and Technical Services1100%0%
Eagle Eye Technologies, LLCProfessional, Scientific, and Technical Services1100%0%
Durham Public SchoolsEducational Services1100%0%
Durham Dental StudioHealth Care and Social Assistance10%100%

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