How many H-1B petitions were made by Texas employers classified under the Management of Companies and Enterprises industry during 2024?

How many H-1B petitions were made by Texas employers classified under the Management of Companies and Enterprises industry during 2024?

Economics
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Tammy Meckley, Associate Director, Immigration Records and Identity Services Directorate for USCIS | https://www.dhswatchlist.com/

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Employers classified under the Management of Companies and Enterprises industry based in Texas submitted 81 H-1B petitions during 2024, according to data provided by the U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub.

Of these, 79 were approved (97.5%), while two were denied (2.5%).

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, Texas employers across all industries submitted 56,158 petitions during the same period, achieving an approval rate of 97.6%.

While the Professional, Scientific, and Technical Services industry led the H-1B filings with 39,217 petitions, representing 69.8% of all submissions in Texas during 2024, the next largest contributor was the Manufacturing industry, which accounted for 4,192 petitions and represented 7.5% of the total. Among petitions from employers in the Manufacturing industry, 38,111 were approved and 1,106 were denied.

The Texas employers which made the most petitions in the Management of Companies and Enterprises sector during 2024 included Vizient, Inc. with 25 petitions, First Command Financial Services I with 12 petitions, and Kestra Financial, Inc. with nine petitions.

Compared to 2023, the Management of Companies and Enterprises sector in Texas saw a 24.6% 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 Texas, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Professional, Scientific, and Technical Services39,21769.8%97.2%2.8%
2Manufacturing4,1927.5%99%1%
3Information3,6496.5%99.2%0.8%
4Educational Services2,6404.7%98.5%1.5%
5Finance and Insurance1,3312.4%99.2%0.8%
6Wholesale Trade1,1712.1%98.8%1.2%
7Health Care and Social Assistance8741.6%96.6%3.4%
8Transportation and Warehousing5180.9%98.8%1.2%
9Mining, Quarrying, and Oil and Gas Extraction4540.8%98.5%1.5%
10Retail Trade4520.8%97.1%2.9%
11Construction4320.8%97.7%2.3%
12Administrative and Support and Waste Management and Remediation Services2810.5%96.8%3.2%
13Agriculture, Forestry, Fishing and Hunting2620.5%98.9%1.2%
14Real Estate and Rental and Leasing2310.4%97.8%2.2%
15Utilities1640.3%99.4%0.6%
16Other Services (except Public Administration)990.2%92.9%7.1%
17Management of Companies and Enterprises810.1%97.5%2.5%
18Accommodation and Food Services600.1%98.3%1.7%
19Public Administration320.1%96.9%3.1%
20Arts, Entertainment, and Recreation180%100%0%

Top Employers in Management of Companies and Enterprises Industry in Texas, 2024

RankCompany NameTotal Petitions% Approved% Denied
1Vizient, Inc.25100%0%
2First Command Financial Services I1291.7%8.3%
3Kestra Financial, Inc.9100%0%
4Finance of America Holdings, LLC785.7%14.3%
5Cortex Management D B a Cortex, LLC6100%0%
6NFP, Corp.4100%0%
7Hunt MH Shared Services, LLC2100%0%
8First Command Financial Services, Inc.1100%0%
8Infosys Limited1100%0%
8Cortex Management, LLC1100%0%
8Ib Stores, LLC1100%0%
8Charles Schwab and Company, Inc.1100%0%
8Brundage Management Company, Inc.1100%0%
8Fate International Hotel Managemen1100%0%
8GSB Services, LLC1100%0%
8Arcosa, Inc.1100%0%
8US Maryland International, LLC1100%0%
8Ecobat Resources US, LLC1100%0%
8FSM TX, LLC1100%0%
8AMD Global, LLC1100%0%
8CPI Holdings, LLC1100%0%
8Friendly Home Services Group, LLC1100%0%
8Allergy and Clinical Holdings, LLC1100%0%

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