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Lafayette Reporter

Sunday, February 23, 2025

H-1B Insights: An employer classified under Finance and Insurance industry file 24 petitions in Lafayette Reporter publication area throughout 2024

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Ur Mendoza Jaddou, Director of the U.S. Citizenship and Immigration Services (left) and Jennifer B. Higgins, Deputy Director. | https://www.uscis.gov/about-us/organization/leadership

Ur Mendoza Jaddou, Director of the U.S. Citizenship and Immigration Services (left) and Jennifer B. Higgins, Deputy Director. | https://www.uscis.gov/about-us/organization/leadership

First Horizon Bank, the only employer classified under the Finance and Insurance industry the Lafayette Reporter publication area to file an H-1B petition in 2024, had its petition approved, giving the company a 100% approval rate, according to data provided by the U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub.

Employers are classified under industries based on their reported operations and may be involved in multiple industries.

The H-1B visa program allows U.S. employers to temporarily hire foreign workers in specialty occupations requiring specialized knowledge and at least a bachelor’s degree or equivalent. It is designed to address skill gaps in the U.S. workforce while ensuring wage standards to protect both U.S. and H-1B workers. Employers must certify that they will pay H-1B workers wages equal to or greater than those of similarly qualified U.S. employees or the prevailing local wage.

The average approval rate for H-1B petitions across the United States in 2024 stood at 98%, slightly higher than 2023's 97.3%.

Compared to 2023, the Finance and Insurance sector in the Lafayette Reporter publication area saw a 380% increase in the number of H-1B petitions during 2024.

The United States admits around 1 million legal immigrants annually, most of whom receive permanent residence (green cards) through family sponsorship or employment-based visas. In 2023, about 1.2 million immigrants were granted green cards, a return to pre-pandemic levels. Temporary visa programs, such as the H-1B for highly skilled workers and H-2A for seasonal agricultural workers, also play a critical role in filling workforce needs.

Public opinion on immigration varies, with 46% of Americans favoring maintaining current legal immigration levels, according to a 2024 Pew Research Center survey. Additionally, 42% believe that highly skilled workers, such as scientists, doctors, and programmers, should be prioritized for legal immigration, compared to 25% who prioritize workers filling labor shortages and 19% who emphasize family sponsorship. Despite this, family sponsorship remains the most common path to permanent residency, accounting for 63% of green cards issued in 2023.

The data in this article comes from the H-1B Employer Data Hub provided by the U.S. Citizenship and Immigration Services (USCIS). While USCIS strives for accuracy, manual data entry and errors on paper forms submitted by applicants or petitioners may result in discrepancies in employer names, tax IDs, locations, or other details.

H-1B Petitions by Industry in the Lafayette Reporter Publication Area, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Administrative and Support and Waste Management and Remediation Services6954.8%100%0%
2Finance and Insurance2419%100%0%
3Professional, Scientific, and Technical Services129.5%100%0%
4Health Care and Social Assistance97.1%100%0%
5Educational Services64.8%100%0%
6Manufacturing43.2%100%0%
7Public Administration10.8%100%0%
Employer H-1B Petitions in the Lafayette Reporter Publication Area During 2024
Company NameIndustriesTotal Petitions% Approved% Denied
National Hospitalist Services, PCAdministrative and Support and Waste Management and Remediation Services, Health Care and Social Assistance35100%0%
Hospitalist and Emergency ServicesAdministrative and Support and Waste Management and Remediation Services, Health Care and Social Assistance26100%0%
First Horizon BankFinance and Insurance25100%0%
Technician Rakers, Inc.Professional, Scientific, and Technical Services6100%0%
Emergency Care Management, LLCAdministrative and Support and Waste Management and Remediation Services4100%0%
Stuller, Inc.Manufacturing4100%0%
Lafayette Parish School SystemEducational Services3100%0%
The Integration Group of AmericasProfessional, Scientific, and Technical Services2100%0%
Hospitalist Services of Arkansas PAdministrative and Support and Waste Management and Remediation Services2100%0%
Hospitalist Services of Georgia, PCAdministrative and Support and Waste Management and Remediation Services2100%0%
Lafayette Health Ventures, Inc.Health Care and Social Assistance2100%0%
St. Martin Parish School BoardEducational Services2100%0%
Southern Integrated Solutions andProfessional, Scientific, and Technical Services2100%0%
University of Louisiana at LafayetEducational Services1100%0%
TSG Resources, Inc.Administrative and Support and Waste Management and Remediation Services1100%0%
Reliapath a Professional Medical LLC, LLCHealth Care and Social Assistance1100%0%
Pediatric Group of Acadiana, L L CHealth Care and Social Assistance1100%0%
Patient Care New Jersey D B a, Inc.Health Care and Social Assistance1100%0%
Medicine Clinic of Acadiana, LLCHealth Care and Social Assistance1100%0%
LHC Group, Inc.Health Care and Social Assistance1100%0%
Lafayette City-Parish Consolidated GovernmentPublic Administration1100%0%
Dupre Logistics, LLCProfessional, Scientific, and Technical Services1100%0%
C H Fenstermaker and Associates, LLCProfessional, Scientific, and Technical Services1100%0%
Acadiana Pedatric GastroenterologAdministrative and Support and Waste Management and Remediation Services1100%0%

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