BANK OF AMERICA H-1B Visa Sponsorship & Salary Data
Including: MERRILL LYNCH
BANK OF AMERICA has filed 488 H-1B labor condition applications from FY 2020 to FY 2026, with 483 certified. The median H-1B salary at BANK OF AMERICA is $136,947, which is 14% higher than the national H-1B median of $120,000.
Salary Analysis
Salary Range
- 10th percentile: $112,700
- 25th percentile: $124,912
- Median: $136,947
- 75th percentile: $150,000
- 90th percentile: $171,500
Wage Level Distribution
- Level I (Entry): 20 (4%)
- Level II (Qualified): 133 (28%)
- Level III (Experienced): 70 (15%)
- Level IV (Expert): 244 (52%)
Trend (2020-2026)
- Starting median: $125,523
- Current median: $158,000
- Growth: +26%
Salary & Hiring Visualizations
Salary Distribution
Distribution of H-1B salaries at BANK OF AMERICA
BANK OF AMERICA's H-1B salaries range from $112,700 to $171,500 (10th-90th percentile), with a median of $136,947. This is 14% above the national H-1B median.
Wage Level Distribution
DOL wage levels affect H-1B lottery priority
BANK OF AMERICA files 96% of H-1B positions at Level II or higher. Higher wage levels receive priority in the H-1B lottery, giving BANK OF AMERICA candidates a competitive advantage.
Median Salary Trend
Year-over-year salary changes
BANK OF AMERICA's median H-1B salary increased by +26% from FY 2020 ($125,523) to FY 2026 ($158,000). This strong growth reflects competitive compensation adjustments.
H-1B Filings by Year
Annual hiring activity through H-1B program
BANK OF AMERICA's H-1B filings changed by -91% from FY 2020 to FY 2026. This may reflect changes in hiring strategy or workforce composition.
Salary by Job Title
Top roles by filing volume, showing salary distribution
The highest-volume H-1B role at BANK OF AMERICA is Software Engineer III with 36 filings at $140,000 median salary.
Salary by Location
Salary distribution across office locations (sorted by median)
BANK OF AMERICA's largest H-1B hub is Pennington, NJ with 251 filings. The highest-paying location is Charlotte, NC at $148,000 median.
Highest Paying H-1B Roles at BANK OF AMERICA
Ranked by median salary — Unlike "Salary by Job Title" above which shows the most common roles by filing volume, this section ranks all H-1B positions by their median compensation to highlight the best-paying opportunities.
These are the top 10 highest-paying H-1B job titles at BANK OF AMERICA, ranked by median salary. The highest-paying role is Senior IT Manager at $165,000 median, which is 20% above the company's overall H-1B median of $136,947.
High-paying H-1B roles typically require advanced technical expertise, specialized domain knowledge, or significant leadership responsibility. Factors influencing top-tier compensation include years of experience, educational credentials (PhD, Master's degrees), rare skill combinations, and market demand for specific technologies. The salary distribution chart below each role shows how compensation varies—wider distributions indicate more salary negotiation flexibility, while narrow peaks suggest standardized pay bands. Senior and principal-level positions consistently command premium salaries due to their strategic impact and scarcity of qualified candidates.
Senior IT Manager
16 H-1B filings at BANK OF AMERICA
Vice President; Feature Lead - Technology
35 H-1B filings at BANK OF AMERICA
Software Engineer III
36 H-1B filings at BANK OF AMERICA
Vice President / Asd Professional Mkts
11 H-1B filings at BANK OF AMERICA
Vice President / Feature Lead - Technology
22 H-1B filings at BANK OF AMERICA
Software Engineer II
33 H-1B filings at BANK OF AMERICA
Salary data based on 483 certified H-1B labor condition applications at BANK OF AMERICA. Actual compensation may vary based on experience, specific role requirements, and location within the company.
Highest Individual H-1B Salaries at BANK OF AMERICA
Actual filed salaries — These are the 10 highest individual H-1B salary filings at BANK OF AMERICA, representing specific positions (not aggregated medians). These may include executive, highly specialized, or senior leadership roles.
The highest H-1B salary filed at BANK OF AMERICA was $400,000 for a Managing Director & International Private Wealth Manager position in Miami, FL (FY2023). This is 192% higher than the company's median H-1B salary.
Top H-1B salaries often cluster in high cost-of-living metros like San Francisco, New York, and Seattle where prevailing wages are higher. However, executive and specialized roles can command premium compensation regardless of location. These filings represent the upper bound of H-1B compensation at BANK OF AMERICA—actual total compensation may be significantly higher when including stock grants, bonuses, and benefits. Geographic patterns in top salaries often reflect where companies locate their most senior technical talent and leadership positions.
Marker size indicates salary level. Click markers for details.
| Rank | Job Title | Location | Salary | Level | Year |
|---|---|---|---|---|---|
| 1 | Managing Director & International Private Wealth Manager | Miami, FL | $400,000 | IV | FY 2023 |
| 2 | Managing Director & International Private Wealth Manager | Miami, FL | $400,000 | IV | FY 2023 |
| 3 | Managing Director; Private Wealth Manager - II | Miami, FL | $400,000 | IV | FY 2025 |
| 4 | Director; Manager/Team Lead Ii-Prod Spec | New York, NY | $275,000 | IV | FY 2025 |
| 5 | Managing Director, Sr Finance Mgr | New York, NY | $255,000 | IV | FY 2020 |
| 6 | Senior Financial Analyst | New York, NY | $250,000 | IV | FY 2020 |
| 7 | Senior Financial Analyst | Miami, FL | $250,000 | IV | FY 2020 |
| 8 | Director/Securities/Product Salesperson - Nr | New York, NY | $250,000 | IV | FY 2020 |
| 9 | Director, Senior Trader | New York, NY | $250,000 | III | FY 2020 |
| 10 | Managing Director / Sr Quant Analyst III | New York, NY | $250,000 | IV | FY 2021 |
These represent the highest individual salary amounts filed in H-1B labor condition applications. Note: H-1B salary data reflects base compensation only and does not include stock options, RSUs, bonuses, or other benefits which can significantly increase total compensation at tech companies.
Detailed Breakdown
H-1B Job Titles at BANK OF AMERICA
| Job Title | Filings | Median Salary |
|---|---|---|
| Software Engineer III | 36 | $140,000 |
| Vice President; Feature Lead - Technology | 35 | $145,000 |
| Software Engineer II | 33 | $129,500 |
| Vice President / Feature Lead - Technology | 22 | $132,700 |
| Senior IT Manager | 16 | $165,000 |
| Vice President / Asd Professional Mkts | 11 | $137,426 |
H-1B Locations for BANK OF AMERICA
| Location | Filings | Median Salary |
|---|---|---|
| Pennington, NJ | 251 | $133,628 |
| New York, NY | 88 | $143,000 |
| Jersey City, NJ | 43 | $142,563 |
| Plano, TX | 21 | $141,600 |
| Charlotte, NC | 17 | $148,000 |
| Jacksonville, FL | 16 | $133,000 |
| Miami, FL | 13 | $98,000 |
| Houston, TX | 11 | $170,000 |
| Addison, TX | 8 | $134,992 |
| Chicago, IL | 3 | $150,000 |
Recent H-1B Filings at BANK OF AMERICA
Sample of 20 recent certified H-1B labor condition applications. This represents a small fraction of BANK OF AMERICA's 483 total certified filings.
| Job Title | Location | Salary | Level | Year |
|---|---|---|---|---|
| Senior IT Manager | Pennington, NJ | $173,000 | IV | FY 2026 |
| Software Engineer II | Chandler, AZ | $136,680 | II | FY 2026 |
| Senior IT Manager | Pennington, NJ | $167,700 | IV | FY 2026 |
| Vice President; Quant Inv Analyst I | New York, NY | $192,000 | II | FY 2026 |
| Vice President; Technology Services Lead | New York, NY | $175,000 | N/A | FY 2026 |
| Vice President; Feature Lead - Technology | Jersey City, NJ | $171,215 | N/A | FY 2026 |
| Vice President; Technology Services Lead | New York, NY | $149,094 | N/A | FY 2026 |
| Vice President; Senior Engineer | Charlotte, NC | $154,669 | IV | FY 2026 |
| Vice President; Feature Lead - Technology | Pennington, NJ | $155,500 | IV | FY 2026 |
| IT Manager | Pennington, NJ | $158,000 | IV | FY 2026 |
| Software Engineer III | Pennington, NJ | $153,005 | IV | FY 2026 |
| Senior IT Manager | Pennington, NJ | $171,215 | N/A | FY 2026 |
| IT Manager | Jacksonville, FL | $155,522 | IV | FY 2026 |
| Software Engineer III | Plano, TX | $171,400 | IV | FY 2025 |
| Lead DevOps Engineer | Jersey City, NJ | $157,000 | II | FY 2025 |
| Vice President; Feature Lead - Technology | Kennesaw, GA | $167,568 | IV | FY 2025 |
| Software Engineer III | Plano, TX | $171,400 | IV | FY 2025 |
| Vice President; Feature Lead - Technology | Jacksonville, FL | $143,000 | II | FY 2025 |
| Vice President; Technology Services Lead | Chicago, IL | $160,000 | IV | FY 2025 |
| Vice President; Production Services Specialist II | Jersey City, NJ | $150,280 | IV | FY 2025 |
Data source: U.S. Department of Labor LCA Disclosure Files. Showing most recent certified filings.
Frequently Asked Questions about BANK OF AMERICA H-1B Visas
What is the average H-1B salary at BANK OF AMERICA?
The median H-1B salary at BANK OF AMERICA is $136,947, based on 483 certified filings from FY 2020 to FY 2026. This is 14% higher than the national H-1B median salary of $120,000. Compensation at BANK OF AMERICA reflects their market positioning, with entry-level roles starting around $124,912 and senior positions reaching $171,500 or higher. These figures represent base salaries in LCA filings and may not include bonuses, equity grants, or other compensation common at large employers.
Salaries at BANK OF AMERICA range from $112,700 at the 10th percentile to $171,500 at the 90th percentile, showing a $58,800 spread across experience levels and roles. The 25th percentile is $124,912 and the 75th percentile is $150,000.
Does BANK OF AMERICA sponsor H-1B visas?
Yes, BANK OF AMERICA actively sponsors H-1B visas and has been a consistent participant in the H-1B program. They have filed 488 H-1B labor condition applications from FY 2020 to FY 2026, demonstrating ongoing commitment to hiring international talent. With 483 certified applications and a 0.8% denial rate, BANK OF AMERICA maintains a strong track record for H-1B sponsorship. The company sponsors positions across multiple job categories and locations, making them a viable option for professionals seeking H-1B visa sponsorship.
In the most recent fiscal year (FY 2026), BANK OF AMERICA filed 13 H-1B applications, with 13 certified and 0 denied. Over 7 years of data, BANK OF AMERICA has consistently demonstrated commitment to H-1B sponsorship.
Note: These are Labor Condition Applications (LCAs) filed with the Department of Labor, which is a prerequisite for H-1B petitions. The actual number of H-1B petitions filed with USCIS may differ.
What is BANK OF AMERICA's H-1B approval rate?
BANK OF AMERICA's LCA (Labor Condition Application) denial rate is 0.8%, with 4 out of 488 applications denied across all years. This translates to a 99.2% certification rate, which indicates how successfully the company prepares and files H-1B applications. A lower denial rate suggests better compliance with Department of Labor requirements, proper wage documentation, and accurate job classification. Prospective H-1B applicants should consider this approval rate alongside other factors like salary, job role, and location when evaluating BANK OF AMERICA as a potential H-1B sponsor.
This is a good approval rate, comparable to industry averages. BANK OF AMERICA demonstrates reliable H-1B sponsorship practices.
What jobs does BANK OF AMERICA sponsor for H-1B?
BANK OF AMERICA sponsors H-1B visas for various specialty occupation positions requiring at least a bachelor's degree. Based on 483 certified filings, the most commonly sponsored job titles reflect the company's primary business functions and talent needs. These positions typically require specialized knowledge in fields like technology, engineering, finance, or scientific research. Understanding which roles BANK OF AMERICA most frequently sponsors can help job seekers target their applications effectively.
Most common H-1B job titles at BANK OF AMERICA:
The most frequently sponsored role is Software Engineer III with 36 filings at a median salary of $140,000. This is followed by Vice President; Feature Lead - Technology (35 filings) and Software Engineer II.
Where are BANK OF AMERICA's H-1B jobs located?
BANK OF AMERICA's H-1B positions are distributed across multiple U.S. locations, with concentration in major metropolitan areas and tech hubs. Geographic distribution often reflects company office locations, client sites, and regional market demands. Location significantly impacts H-1B salary due to varying cost of living and local wage requirements. Understanding where BANK OF AMERICA sponsors H-1B workers can help candidates target specific offices and negotiate appropriate compensation for each market.
Top BANK OF AMERICA H-1B locations:
Circle size indicates relative H-1B filing volume
The largest H-1B hub for BANK OF AMERICA is Pennington, NJ with 251 filings at a median salary of $133,628. The highest-paying location is Houston, TX at $170,000 median. Salaries range from $98,000 to $170,000 across office locations.
How have BANK OF AMERICA's H-1B salaries changed over time?
BANK OF AMERICA's median H-1B salary has increased by +26% from FY 2020 ($125,523) to FY 2026 ($158,000). Tracking salary trends over time reveals how BANK OF AMERICA adjusts compensation to remain competitive in the H-1B labor market. Salary growth typically reflects inflation adjustments, increased demand for specialized skills, and evolving prevailing wage requirements. These historical trends can help applicants understand future salary expectations and negotiate appropriately when considering H-1B opportunities at BANK OF AMERICA.
Year-by-year breakdown:
- FY 2022: $135,900 (74 certified)
- FY 2023: $138,000 (85 certified)
- FY 2024: $147,900 (41 certified)
- FY 2025: $153,005 (53 certified)
- FY 2026: $158,000 (13 certified)
This 26% growth reflects strong compensation adjustments at BANK OF AMERICA, keeping pace with market demands for H-1B talent.
What wage level does BANK OF AMERICA use for H-1B?
BANK OF AMERICA primarily files H-1B applications at Wage Level IV, accounting for 52% of their filings. DOL wage levels range from Level I (entry-level, 17th percentile of local wages) to Level IV (expert, 67th percentile). Wage level determines both salary requirements and, under recent H-1B rules, lottery selection priority. Higher wage levels receive preference in the H-1B lottery, making BANK OF AMERICA's wage level distribution an important factor for prospective applicants assessing their chances of H-1B selection.
With 96% of positions at Level II or higher, BANK OF AMERICA typically offers competitive wages above entry-level. Higher wage levels receive priority in the H-1B lottery.
How does BANK OF AMERICA's H-1B salary compare to other employers?
BANK OF AMERICA's median H-1B salary of $136,947 is 14% higher than the national H-1B median of $120,000 across all employers and industries. This comparison provides context for evaluating BANK OF AMERICA's competitiveness in attracting H-1B talent. Keep in mind that industry, location, and job function significantly impact salary levels. Tech companies and financial institutions typically offer higher H-1B salaries than other sectors, while salaries in major metros like San Francisco and New York exceed those in smaller markets. Compare BANK OF AMERICA's offerings with similar companies in your field for a more accurate assessment.
BANK OF AMERICA offers above-average H-1B compensation. Combined with their 483 certified filings and 0.8% denial rate, they demonstrate solid H-1B sponsorship practices.
How do new H-1B fees and rules affect BANK OF AMERICA's sponsorship?
Recent H-1B rule changes have increased filing fees and introduced wage-level prioritization in the lottery. BANK OF AMERICA's higher proportion of Level III-IV positions (67%) may benefit from wage-based lottery prioritization.
With 483 certified filings, BANK OF AMERICA invests significantly in H-1B sponsorship. The company's 0.8% denial rate suggests strong compliance with H-1B requirements and documentation standards.
Note: H-1B regulations are subject to change. Fees shown are estimates based on 2024 USCIS fee schedules. Actual costs may vary based on company size, premium processing, and future rule changes.
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