Of these, 555 were approved (98.4%), while nine were denied (1.6%).
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, Connecticut employers across all industries submitted 2,994 petitions during the same period, achieving an approval rate of 98%.
The Professional, Scientific, and Technical Services industry led the H-1B filings in Connecticut during 2024, with 980 petitions (32.7% of all submissions), and an approval rate of 96.9%. Meanwhile, the Finance and Insurance industry was the second largest contributor, filing 564 petitions (18.8% of the total), with an approval rate of 98.4%.
The Connecticut employers which made the most petitions in the Finance and Insurance sector during 2024 included Synchrony Bank with 68 petitions, Hartford Fire Insurance Company with 56 petitions, and Point72 LP with 42 petitions.
Compared to 2023, the Finance and Insurance sector in Connecticut saw a 9.7% 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.
| Rank | Industry | Total Petitions | % of All Submissions | % Approved | % Denied |
|---|---|---|---|---|---|
| 1 | Professional, Scientific, and Technical Services | 980 | 32.7% | 96.9% | 3.1% |
| 2 | Finance and Insurance | 564 | 18.8% | 98.4% | 1.6% |
| 3 | Educational Services | 465 | 15.5% | 99.1% | 0.9% |
| 4 | Manufacturing | 330 | 11% | 99.4% | 0.6% |
| 5 | Health Care and Social Assistance | 313 | 10.5% | 97.8% | 2.2% |
| 6 | Information | 129 | 4.3% | 96.9% | 3.1% |
| 7 | Administrative and Support and Waste Management and Remediation Services | 50 | 1.7% | 100% | 0% |
| 8 | Wholesale Trade | 35 | 1.2% | 100% | 0% |
| 9 | Utilities | 26 | 0.9% | 96.2% | 3.9% |
| 10 | Retail Trade | 20 | 0.7% | 100% | 0% |
| 11 | Other Services (except Public Administration) | 18 | 0.6% | 94.4% | 5.6% |
| 11 | Construction | 18 | 0.6% | 100% | 0% |
| 13 | Accommodation and Food Services | 16 | 0.5% | 93.8% | 6.3% |
| 14 | Real Estate and Rental and Leasing | 12 | 0.4% | 100% | 0% |
| 15 | Management of Companies and Enterprises | 7 | 0.2% | 100% | 0% |
| 16 | Public Administration | 5 | 0.2% | 100% | 0% |
| 17 | Arts, Entertainment, and Recreation | 2 | 0.1% | 100% | 0% |
| 17 | Transportation and Warehousing | 2 | 0.1% | 100% | 0% |
| 17 | Mining, Quarrying, and Oil and Gas Extraction | 2 | 0.1% | 100% | 0% |
Top Employers in Finance and Insurance Industry in Connecticut, 2024
| Rank | Company Name | Total Petitions | % Approved | % Denied |
|---|---|---|---|---|
| 1 | Synchrony Bank | 68 | 97.1% | 2.9% |
| 2 | Hartford Fire Insurance Company | 56 | 100% | 0% |
| 3 | Point72 LP | 42 | 100% | 0% |
| 4 | Cigna Health and Life Insurance Company | 33 | 97% | 3% |
| 5 | Point72 Asset Management LP | 30 | 100% | 0% |
| 6 | Global Atlantic Financial Company | 26 | 100% | 0% |
| 6 | Bridgewater Associates LP | 26 | 100% | 0% |
| 8 | AQR Capital Management, LLC | 23 | 87% | 13% |
| 9 | Verition Group, LLC | 22 | 100% | 0% |
| 10 | XL Global Services, Inc. | 19 | 100% | 0% |
| 11 | Interactive Brokers, LLC | 18 | 100% | 0% |
| 12 | Worldquant, LLC | 17 | 94.1% | 5.9% |
| 13 | IBG, LLC | 12 | 100% | 0% |
| 14 | Castleton Commodities Management S | 11 | 100% | 0% |
| 15 | The Hartford Steam Boiler Inspecti | 8 | 100% | 0% |
| 15 | Interactive Brokers, Corp. | 8 | 100% | 0% |
| 15 | Berkley Insurance Company | 8 | 100% | 0% |
| 18 | Tudor Investment Corporation | 7 | 100% | 0% |
| 19 | Freepoint Commodities, LLC | 6 | 100% | 0% |
| 19 | Natwest Markets Securities, Inc. | 6 | 100% | 0% |
| 21 | The Nassau Companies of New York | 5 | 100% | 0% |
| 22 | Trexquant Investment LP | 4 | 75% | 25% |
| 22 | Graham Capital Management LP | 4 | 75% | 25% |
| 22 | Point72 Private Investments, LLC | 4 | 100% | 0% |
| 22 | One River Asset Management, LLC | 4 | 100% | 0% |
| 26 | Webster Servicing, LLC | 3 | 100% | 0% |
| 26 | Talcott Resolution Life, Inc. | 3 | 100% | 0% |
| 26 | Webster Bank | 3 | 100% | 0% |
| 26 | Healthplanone D B a Hpone, LLC | 3 | 100% | 0% |
| 26 | Viking Global Investors LP | 3 | 100% | 0% |
| 26 | General Reinsurance Corporation | 3 | 100% | 0% |
| 26 | Silver Point Capital LP | 3 | 100% | 0% |
| 33 | Loancore Capital, LLC | 2 | 100% | 0% |
| 33 | Paradigm Financial Partners, LLC | 2 | 100% | 0% |
| 33 | Fermat Capital Management, LLC | 2 | 100% | 0% |
| 33 | CSC Sugar, LLC | 2 | 100% | 0% |
| 33 | Tomo Networks, Inc. | 2 | 100% | 0% |
| 33 | Odyssey Reinsurance Company | 2 | 100% | 0% |
| 33 | Strategic Value Partners, LLC | 2 | 100% | 0% |
| 33 | Cigna-Evernorth Services, Inc. | 2 | 100% | 0% |
| 33 | Ellington Management Group, LLC | 2 | 100% | 0% |
| 33 | Brighton Park Management LP | 2 | 100% | 0% |
| 33 | Eldridge Business Services, LLC | 2 | 100% | 0% |
| 33 | Arga Investment Management LP | 2 | 100% | 0% |
| 45 | Edgewood Partners Insurance Center | 1 | 100% | 0% |
| 45 | Black Diamond Capital Management, L L C | 1 | 100% | 0% |
| 45 | Quantix Commodities LP | 1 | 100% | 0% |
| 45 | New China Capital Management, Corp. | 1 | 100% | 0% |
| 45 | TRGP Investment Partners LP | 1 | 100% | 0% |
| 45 | Catterton Management Company, LLC | 1 | 100% | 0% |
| 45 | Sierentz North America, LLC | 1 | 100% | 0% |
| 45 | Grayscale Investments, LLC | 1 | 100% | 0% |
| 45 | Wilton Re Services, Inc. | 1 | 100% | 0% |
| 45 | The Governor and Company of the Ba | 1 | 100% | 0% |
| 45 | Eagle Point Credit Management, LLC | 1 | 100% | 0% |
| 45 | Big Tree Finance, Inc. | 1 | 100% | 0% |
| 45 | Private Client Resources, LLC | 1 | 100% | 0% |
| 45 | Fox Run Management LP | 1 | 100% | 0% |
| 45 | Sandbrook Capital Management LP | 1 | 100% | 0% |
| 45 | Littlejohn & Company, LLC | 1 | 100% | 0% |
| 45 | American Eagle Financial Credit Union, Inc. | 1 | 100% | 0% |
| 45 | Oshaughnessy Asset Management, LLC | 1 | 100% | 0% |
| 45 | Deccan Value Investors LLC, GP | 1 | 100% | 0% |
| 45 | Bharcap Partners, LLC | 1 | 100% | 0% |
| 45 | Hudson Bay Capital Management LP | 1 | 100% | 0% |
| 45 | National Liability and Fire Insura | 1 | 100% | 0% |
| 45 | Tremblant Capital LP | 1 | 100% | 0% |
| 45 | Canaan Management, LLC | 1 | 100% | 0% |
| 45 | Renaissance Macro Research, LLC | 1 | 100% | 0% |
| 45 | Lendmarq Capital, LLC | 1 | 100% | 0% |
| 45 | ABS Investment Management, LLC | 1 | 100% | 0% |
| 45 | Xo Health, Inc. | 1 | 100% | 0% |
| 45 | Engelhart CTP US, LLC | 1 | 100% | 0% |
| 45 | Business Risk Partners, Inc. | 1 | 100% | 0% |
| 45 | Rellevate, Inc. | 1 | 100% | 0% |
| 45 | Lake Avenue Capital III, LLC | 1 | 100% | 0% |
| 45 | 10T Holdings, LLC | 1 | 100% | 0% |
| 45 | Gerald Metals, LLC | 1 | 100% | 0% |
| 45 | Balance Point Capital Advisors, LLC | 1 | 100% | 0% |
| 45 | XL Reinsurance America, Inc. | 1 | 100% | 0% |
| 45 | Tigerrisk Partners, LLC | 1 | 100% | 0% |
| 45 | RCN Capital, LLC | 1 | 100% | 0% |
| 45 | Ironwood Capital Holdings, LLC | 1 | 100% | 0% |
| 45 | 5th Street Advisors, LLC | 1 | 100% | 0% |
| 45 | Ocean Partners USA, Inc. | 1 | 100% | 0% |
| 45 | Sprott Asset Management USA, Inc. | 1 | 100% | 0% |
| 45 | ASL Capital Markets, Inc. | 1 | 100% | 0% |
| 45 | Phibro Americas, LLC | 1 | 100% | 0% |
| 45 | Greylock Capital Associates, LLC | 1 | 100% | 0% |
| 45 | Quattro M Securities, Inc. | 1 | 100% | 0% |
| 45 | NFJ Investment Group, LLC | 1 | 100% | 0% |
| 45 | Garden Investment Management L P | 1 | 100% | 0% |
| 45 | CF Private Equity, Inc. | 1 | 100% | 0% |
| 45 | Metric Point Capital, LLC | 1 | 100% | 0% |
| 45 | Pension Associates Retirement Planning, LLC | 1 | 100% | 0% |
| 45 | Greenbriar Equity Group LP | 1 | 100% | 0% |