State Street Bank and Trust Company H-1B Transfers
State Street Bank and Trust Company filed 175 certified H-1B change-of-employer petitions (FY2021–2026). That is 17.3% of their filings where DOL recorded whether the petition was a transfer — below the 17.5% national rate. Median offered wage on those transfers: $134K/year.
What This Says About State Street Bank and Trust Company
State Street Bank and Trust Company's transfer share sits below the national average, so a larger share of their H-1B hiring goes through new cap-subject petitions rather than transfers. They still filed 175 certified transfers, so transfers are clearly not off the table.
The middle 50% of State Street Bank and Trust Company transfer filings fall between $121K and $152K, against a $128K median across all H-1B transfers nationally.
What Counts as an H-1B Transfer
An H-1B "transfer" is a new employer filing an H-1B petition for someone already holding H-1B status. On the underlying Labor Condition Application, DOL records it as a change of employer — that flag is what these figures count.
Transfers are not subject to the annual H-1B cap or the lottery, which is why they can be filed at any point in the year. Under H-1B portability you can generally begin work once USCIS receives the petition, rather than waiting for approval.
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Counted from US Department of Labor LCA disclosure files (FY2021–2026) for petitions filed by State Street Bank and Trust Company as recorded in DOL disclosure data, filtered to certified petitions with annual wages between $30K and $1M, using DOL's change-of-employer flag. Transfer share is measured against filings where DOL actually recorded that field — older disclosure schema generations omit it, and including those would understate every share shown here. A certified LCA is a step toward an H-1B petition, not an approved transfer.