Of these, 150 were approved (99.3%), while one was denied (0.7%).
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%, higher than 2023's 97.3%. Statewide, Utah employers across all industries submitted 1,552 petitions during the same period, achieving an approval rate of 98%.
The Professional, Scientific, and Technical Services industry led the H-1B filings in Utah during 2024, with 521 petitions (33.6% of all submissions), and an approval rate of 97.9%. Meanwhile, the Educational Services industry was the second largest contributor, filing 365 petitions (23.5% of the total), with an approval rate of 97.5%.
The Utah employers which made the most petitions in the Finance and Insurance sector during 2024 included Zions Bancorporation, N A with 47 petitions, Galileo Financial Technologies, LLC with 17 petitions, and Snap Finance, LLC with 16 petitions.
Compared to 2023, the Finance and Insurance sector in Utah saw a 17% decrease 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.
| Rank | Industry | Total Petitions | % of All Submissions | % Approved | % Denied |
|---|---|---|---|---|---|
| 1 | Professional, Scientific, and Technical Services | 521 | 33.6% | 97.9% | 2.1% |
| 2 | Educational Services | 365 | 23.5% | 97.5% | 2.5% |
| 3 | Finance and Insurance | 151 | 9.7% | 99.3% | 0.7% |
| 4 | Health Care and Social Assistance | 111 | 7.2% | 99.1% | 0.9% |
| 5 | Information | 102 | 6.6% | 98% | 2% |
| 6 | Manufacturing | 81 | 5.2% | 98.8% | 1.2% |
| 7 | Retail Trade | 45 | 2.9% | 97.8% | 2.2% |
| 8 | Construction | 37 | 2.4% | 91.9% | 8.1% |
| 9 | Administrative and Support and Waste Management and Remediation Services | 32 | 2.1% | 96.9% | 3.1% |
| 9 | Mining, Quarrying, and Oil and Gas Extraction | 32 | 2.1% | 100% | 0% |
| 11 | Real Estate and Rental and Leasing | 20 | 1.3% | 100% | 0% |
| 12 | Wholesale Trade | 14 | 0.9% | 100% | 0% |
| 13 | Accommodation and Food Services | 11 | 0.7% | 100% | 0% |
| 14 | Other Services (except Public Administration) | 10 | 0.6% | 100% | 0% |
| 15 | Transportation and Warehousing | 9 | 0.6% | 88.9% | 11.1% |
| 16 | Public Administration | 5 | 0.3% | 100% | 0% |
| 17 | Agriculture, Forestry, Fishing and Hunting | 2 | 0.1% | 100% | 0% |
| 17 | Utilities | 2 | 0.1% | 100% | 0% |
| 19 | Arts, Entertainment, and Recreation | 1 | 0.1% | 100% | 0% |
| 19 | Management of Companies and Enterprises | 1 | 0.1% | 100% | 0% |
Top Employers in Finance and Insurance Industry in Utah, 2024
| Rank | Company Name | Total Petitions | % Approved | % Denied |
|---|---|---|---|---|
| 1 | Zions Bancorporation, N A | 47 | 100% | 0% |
| 2 | Galileo Financial Technologies, LLC | 17 | 100% | 0% |
| 3 | Snap Finance, LLC | 16 | 100% | 0% |
| 4 | Brex, Inc. | 14 | 92.9% | 7.1% |
| 5 | Healthequity, Inc. | 6 | 100% | 0% |
| 6 | Webbank | 5 | 100% | 0% |
| 6 | WCF Mutual Insurance | 5 | 100% | 0% |
| 6 | Finicity Corporation | 5 | 100% | 0% |
| 6 | Merrick Bank Corporation | 5 | 100% | 0% |
| 10 | America First Credit Union | 4 | 100% | 0% |
| 11 | Mountain America Federal Credit Un | 3 | 100% | 0% |
| 11 | Program Leasing, LLC | 3 | 100% | 0% |
| 11 | Tzero Group, Inc. | 3 | 100% | 0% |
| 14 | Nomi Health, Inc. | 2 | 100% | 0% |
| 14 | Security National Life Insurance C | 2 | 100% | 0% |
| 14 | Prestige Financial Services, Inc. | 2 | 100% | 0% |
| 14 | PCF Insurance Services of the West | 2 | 100% | 0% |
| 18 | North Capital Investment Technology, Inc. | 1 | 100% | 0% |
| 18 | Select Portfolio Servicing, Inc. | 1 | 100% | 0% |
| 18 | Varo Bank, N A | 1 | 100% | 0% |
| 18 | Vanilla Technologies, Inc. | 1 | 100% | 0% |
| 18 | MGD Trading, LLC | 1 | 100% | 0% |
| 18 | Bank of Utah | 1 | 100% | 0% |
| 18 | Utah Health Information Network, Inc. | 1 | 100% | 0% |
| 18 | PCF Insurance Services of the West, LLC | 1 | 100% | 0% |
| 18 | M3F, Inc. | 1 | 100% | 0% |
| 18 | Xactware Solutions, Inc. | 1 | 100% | 0% |