Magma Capital Management — 11 certified H-1B filings (FY2024–FY2026)
- 1
- Filings · FY2025
- $175k
- Median base · FY2025
- Quantitative Researcher
- Top role · 6 all-time
- IL
- Top state · 11 all-time
Magma Capital Management filed 1 certified H-1B LCAs in FY2025 (down 86% from the year before), with a median base salary of $175k and the middle 50% of offers between $175k and $175k. That is 2% above the market median for the same job titles. Across all years it has 11 certified filings since FY2024, most often for Quantitative Researcher in Illinois.
How much does Magma Capital Management pay H-1B workers?
Certified base salary by fiscal year: each box is the p25–p75 range, the heavy line the median, the whiskers reach p10–p90. $175k median in FY2025. Base pay only — hover a year for its figures.
How has Magma Capital Management's H-1B hiring changed by year?
7 certified filings in FY2024 → 3 in FY2026. The change column is each year against the one before.
| Fiscal year | Filings | vs prior FY | Median base |
|---|---|---|---|
| FY2026 | 3 | +200% | $185k |
| FY2025 | 1 | −86% | $175k |
| FY2024 | 7 | — | $150k |
Which wage levels does Magma Capital Management file?
DOL prevailing-wage levels I–IV approximate experience tiers (I = entry, IV = fully competent). 91% of Magma Capital Management's filings sit at Level III–IV. A heavy I–II skew reads as entry-level or contractor-style hiring; a heavy IV skew as senior in-house roles — and higher levels earn more lottery entries.
Share of 11 filings with a wage level · all years
- Level II9.1%1
- Level IV90.9%10
What jobs does Magma Capital Management sponsor for H-1B?
The most-filed job titles across all years (DOL titles, employer pay-grade codes stripped), with base-salary percentiles.
| Job title | Filings | Median base |
|---|---|---|
| Quantitative Researcher | 6 | $175k |
| Quantitative Developer | 3 | $160k |
| Data Engineer | 1 | $100k |
| Quantitative Team Lead | 1 | $300k |
Where does Magma Capital Management hire H-1B workers?
Worksite states on the certified filings, all years. Deeper pink = more filings; hover a state for its figures.
| State | Filings | Median base |
|---|---|---|
| IL | 11 | $175k |
What has Magma Capital Management filed recently?
Every certified LCA on record for Magma Capital Management: job title, worksite, prevailing-wage level and the offered base salary.
| FY | Job title | Base salary |
|---|---|---|
| 2026 | Quantitative Developer | $175,000 |
| 2026 | Quantitative Team Lead | $300,000 |
| 2026 | Quantitative Researcher | $185,000 |
| 2025 | Quantitative Researcher | $175,000 |
| 2024 | Quantitative Developer | $150,000 |
| 2024 | Data Engineer | $100,000 |
| 2024 | Quantitative Researcher | $150,000 |
| 2024 | Quantitative Researcher | $150,000 |
| 2024 | Quantitative Researcher | $180,000 |
| 2024 | Quantitative Researcher | $185,000 |
| 2024 | Quantitative Developer | $160,000 |
Common questions about Magma Capital Management's H-1B filings
- How much does Magma Capital Management pay H-1B workers?
- Magma Capital Management's median certified H-1B base salary is $175k (FY2025), from 1 filings. See the full salary distribution and percentiles above.
- How many H-1B workers does Magma Capital Management sponsor?
- Magma Capital Management has 11 certified H-1B Labor Condition Applications on record (FY2024–FY2026).
- What jobs does Magma Capital Management sponsor for H-1B?
- Magma Capital Management's most-sponsored H-1B roles include Quantitative Researcher, Quantitative Developer, Data Engineer, Quantitative Team Lead.
- Where does Magma Capital Management hire H-1B workers?
- Magma Capital Management's top H-1B worksite states are IL.
- Does a certified LCA mean an H-1B visa was approved?
- No. A Labor Condition Application (LCA) is the Department of Labor attestation an employer must have certified before filing an H-1B petition with USCIS. It records the job, worksite and offered wage, but not whether the petition was filed, selected in the lottery, or approved. Filing counts measure intent to sponsor, not headcount.
- What salary do these figures show?
- The base annual wage offered on the certified LCA, converted to a yearly amount. Bonus, equity, overtime and benefits are not included, so total compensation is typically higher. Figures are medians and percentiles over certified filings; wages above $5,000,000 a year are excluded as data-entry errors.
- What do prevailing-wage levels I–IV mean?
- The Department of Labor assigns each LCA an OES wage level from I (entry) to IV (fully competent) for the occupation and area. Under the FY2027 wage-weighted H-1B lottery rule, a higher level earns more selection entries, so an employer's level mix is a proxy for how senior its sponsored roles are.
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Source: U.S. Department of Labor, Office of Foreign Labor Certification — certified LCA disclosure data through June 2026 (FY2024–FY2026). An LCA is not an approved visa; pay figures are base salary and exclude bonus and equity. Methodology →