Principal Software Engineer H-1B salary at The Depository Trust and Clearing — 55 certified filings (FY2017–FY2024)
- 7
- Filings · FY2024
- $166k
- Median base · FY2024
- $152k–$175k
- Middle 50% · FY2024
- −9%
- vs market median · all years
The Depository Trust and Clearing filed 7 certified H-1B LCAs for Principal Software Engineer in FY2024 (down 12% from the year before), with a median base salary of $166k and the middle 50% of offers between $152k and $175k. Across all years its $137k median is 9% below the $151k market median for Principal Software Engineer. It has filed 55 Principal Software Engineer LCAs since FY2017, most often in Tampa, FL.
How much does The Depository Trust and Clearing pay a Principal Software Engineer?
Certified base salary for Principal Software Engineer at The Depository Trust and Clearing by fiscal year: each box is the p25–p75 range, the heavy line the median, the whiskers reach p10–p90. $166k median in FY2024. Base pay only — hover a year for its figures.
Does The Depository Trust and Clearing pay Principal Software Engineers above the market?
The Depository Trust and Clearing's all-years median against every employer's certified Principal Software Engineer LCAs — 9% below the market. Same cleaned DOL title, same base-salary definition, so the two rows compare like for like.
| Base salary for this title | Filings | Median |
|---|---|---|
| The Depository Trust and Clearing | 55 | $137k |
| All employers · Principal Software Engineer | 7,525 | $151k |
How has The Depository Trust and Clearing's Principal Software Engineer hiring changed by year?
5 certified Principal Software Engineer filings in FY2017 → 7 in FY2024. The change column is each year against the one before.
| Fiscal year | Filings | vs prior FY | Median base |
|---|---|---|---|
| FY2024 | 7 | −12% | $166k |
| FY2023 | 8 | −11% | $148k |
| FY2022 | 9 | +13% | $141k |
| FY2021 | 8 | +33% | $130k |
| FY2020 | 6 | +50% | $124k |
| FY2019 | 4 | −50% | $146k |
| FY2018 | 8 | +60% | $115k |
| FY2017 | 5 | — | $115k |
Which wage levels does The Depository Trust and Clearing file for Principal Software Engineer?
DOL prevailing-wage levels I–IV approximate experience tiers (I = entry, IV = fully competent). 98% of The Depository Trust and Clearing's Principal Software Engineer filings sit at Level III–IV. Higher levels earn more entries in the wage-weighted H-1B lottery.
Share of 53 Principal Software Engineer filings with a wage level · all years
- Level II1.9%1
- Level III18.9%10
- Level IV79.2%42
Where does The Depository Trust and Clearing hire H-1B Principal Software Engineers?
Worksite states and cities on the certified filings for this title, all years, with the median base salary at each.
| State | Filings | Median base |
|---|---|---|
| Florida | 31 | $124k |
| New Jersey | 9 | $156k |
| Texas | 9 | $140k |
| Massachusetts | 4 | $150k |
| District of Columbia | 1 | $175k |
| Georgia | 1 | $137k |
| City | Filings | Median base |
|---|---|---|
| Tampa, FL | 31 | $124k |
| Coppell, TX | 9 | $140k |
| Jersey City, NJ | 9 | $156k |
| Boston, MA | 4 | $150k |
| Cumming, GA | 1 | $137k |
| Mclean, DC | 1 | $175k |
Also filed as
The Depository Trust and Clearing's other sponsored titles, and the employers that file the most Principal Software Engineer LCAs. All years.
Other titles at The Depository Trust and Clearing
| Job title | Filings | Median base |
|---|---|---|
| Lead Software Engineer | 69 | $126k |
| Senior Software Engineer | 37 | $107k |
Top Principal Software Engineer sponsors
| Employer | Filings | Median base |
|---|---|---|
| Walmart Associates | 333 | $186k |
| Microsoft | 237 | $190k |
| Cadence Design Systems | 171 | $138k |
| Palo Alto Networks | 163 | $204k |
| Nisum Technologies | 135 | $120k |
| Symantec | 122 | $139k |
| Intuit | 112 | $192k |
| Veritas Technologies | 100 | $138k |
| Staples | 98 | $113k |
| Splunk | 90 | $220k |
Common questions about Principal Software Engineer H-1B pay at The Depository Trust and Clearing
- How much does The Depository Trust and Clearing pay a Principal Software Engineer on an H-1B?
- The Depository Trust and Clearing's median certified H-1B base salary for Principal Software Engineer is $166k in FY2024, from 7 filings; the middle 50% of offers fall between $152k and $175k. Across all years the median is $137k.
- How many Principal Software Engineer H-1B LCAs has The Depository Trust and Clearing filed?
- The Depository Trust and Clearing has 55 certified H-1B Labor Condition Applications for Principal Software Engineer on record (FY2017–FY2024), 7 of them in FY2024. That is 11% of its 523 certified filings across all titles.
- Does The Depository Trust and Clearing pay Principal Software Engineers above the market?
- The Depository Trust and Clearing's all-years median of $137k is 9% below the $151k median for Principal Software Engineer across all H-1B employers (7,525 certified filings).
- Where does The Depository Trust and Clearing hire H-1B Principal Software Engineers?
- The Depository Trust and Clearing's Principal Software Engineer LCAs name worksites mostly in Florida, New Jersey, Texas; the top cities are Tampa, FL, Coppell, TX, Jersey City, NJ.
- 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.
Keep exploring
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Source: U.S. Department of Labor, Office of Foreign Labor Certification — certified LCA disclosure data through June 2026 (FY2017–FY2024). An LCA is not an approved visa; pay figures are base salary and exclude bonus and equity. Methodology →