EMPLOYMENT TYPE MIX · DOL LCA DATA

State Street Bank and Trust Company H-1B New Employment

Of State Street Bank and Trust Company's 1,012 certified H-1B filings with a stated employment type (FY2021–2026), 19.5% are new employment at a median of $100K/year. The rest are extensions, transfers and amendments for workers already sponsored.

19.5%
New Employment
197
New-Hire Filings
$100K
Median, New Hires
$134K
Median, Renewals

Is State Street Bank and Trust Company Hiring New H-1B Workers?

Partly. At 19.5%, most of State Street Bank and Trust Company's H-1B activity maintains its existing workforce, but roughly one filing in 5 is a new hire.

Employment Type Breakdown at State Street Bank and Trust Company

New employmentA worker not already on H-1B with this employer, the route in from outside
197 filings · 19.5%
Continuation / extensionExtending an existing H-1B for someone already on staff
557 filings · 55%
Change of employerTaking on a worker who already holds H-1B elsewhere
175 filings · 17.3%
Amended petitionChanging the terms of an existing petition, such as a new work site
80 filings · 7.9%
Change at same employerA material change to the same worker's existing role
3 filings · 0.3%
Concurrent employmentA second, simultaneous H-1B alongside another employer
0 filings · 0%

Bars are scaled to this employer's largest category, not to 100%. Percentages are of State Street Bank and Trust Company's 1,012 certified filings that state an employment type. A small number of filings tick more than one box, so the shares can total slightly above 100%.

Is That Share Rising or Falling?

FY2022
16.3% of 104
FY2023
4.3% of 115
FY2024
22.9% of 393
FY2025
25.7% of 331
FY2026
0% of 69

New-employment share per fiscal year, each against that year's filings with a stated type. Bars are scaled to this employer's peak year.

What Roles Is State Street Bank and Trust Company Hiring Into?

Job titles on State Street Bank and Trust Company's new-employment filings specifically, which is what it is actually growing rather than merely maintaining.

RoleNew-Hire FilingsMedian Wage
Software Developers53$100K
Financial Quantitative Analysts45$103K
Computer Systems Engineers/Architects17$93K
Accountants and Auditors15$84K
Business Intelligence Analysts9$85K
Information Technology Project Managers7$140K
Information Security Analysts7$100K
Financial and Investment Analysts7$136K

Why This Number Matters

Total sponsorship volume is the figure most job boards quote, and on its own it is misleading. An employer filing thousands of petitions a year can be filing almost all of them to extend people it sponsored years ago, which tells an outside applicant very little about their odds.

The new-employment share separates the two. It is the employer's own checkbox on the Labor Condition Application, not an estimate, and it identifies the filings that represent someone entering the company rather than staying in it.

More on State Street Bank and Trust Company

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H1B Visa Jobs Research Team

Counted from US Department of Labor LCA disclosure files (FY2021–2026) for certified petitions filed by State Street Bank and Trust Company with annual wages between $30K and $1M. Shares are of the 1,012 filings that tick at least one employment-type box; the remaining 25.7% of State Street Bank and Trust Company's 1,362 certified filings state no type and are excluded rather than counted as renewals. A certified LCA is a step toward an H-1B petition, not an approved visa.