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PERM sponsor, #507 of 70,985 by filings

Moody's Investors Service, Inc.

Moody's Investors Service, Inc. sponsors green cards: it filed 42 PERM cases in the last 12 months, the newest on September 25, 2026. Moody's Investors Service, Inc. has 39 PERM cases waiting with DOL.

Main job
Software Developers · 36% of its filings
Main worksite
Charlotte, NC · 64% of its filings
Industry
Credit Bureaus · NAICS 56145

Waiting on a case with Moody's Investors Service, Inc.?

  • When it'll likely be decided
  • An email when DOL moves it

It's on your ETA-9089 receipt. It goes into the page's address, so you can bookmark the result.

Don't have the number? Find it among their filings.

Or follow this employer by email

This rate is level with the field

Over 73 decided filings, this rate can't be told apart from the field in either direction.

Why

The 95% interval runs up to a 11.4% denial rate, which still covers the 3.20% the field as a whole records.

Filings

73

#507 of 70,985

Certified

70

3 denied

Approval

95.9%

field 96.8%

Median wage

$139,027

offered, per year

Median days

484

18 slower than the field

Right now

DOL's live record of its cases, read every day, and what it has done to them as a group.

In the queue right now 122 cases in the live tracker

Waiting on a decision

39

of 122 tracked cases. The other 83 have been decided.

The oldest one still waiting was filed January 5, 2024, 33 months ago.

Where those 39 are standing

ANALYST REVIEW
3692%

A Department of Labor analyst has the application. This is the main queue, and it is where most pending PERM cases sit.

RECONSIDERATION APPEALS
25%

The employer has asked the same officer who denied the case to look at it again, within 30 days of the denial. The request can only use documents DOL already had, so new evidence can't be added to fix what the denial was based on.

BALCA APPEALS
13%

The case is with the Board of Alien Labor Certification Appeals, a panel of DOL administrative law judges. They review the record the officer already had, so it's legal argument rather than a fresh chance to put in evidence.

None of this changes one case's wait: DOL works one national line. Where DOL is working now is the figure that does.

From DOL's live status of 122 of this sponsor's cases: read this share against 122, never against the lifetime filings above. Live case tracker, as of October 19, 2026

Follow Moody's Investors Service, Inc.

An email when DOL moves its cases as a group: five or more on or off hold in a day, or a batch decided well above its usual pace.

What DOL has done to its cases as a group

Nothing employer-wide since this site's record began on August 27, 2026.

You confirm by email first. One click turns it off.

Its newest filings

Filed since DOL's last quarterly file, so the wage and law firm aren't published yet.

The 8 newest. Every filing by this employer is in the case search, live and published together.

Source: DOL's own case-status service, flag.dol.gov, where any of these numbers can be looked up. A filing shows there soon after it's made, months before DOL's quarterly files.

How long it takes

How long their cases are taking

  1. Every employer

    median of 28,615 decisions in the same 90 days

    302 days

Only 4 of their cases were decided in the last 90 days, too few for a median of their own. Filing to decision, over decisions we watched DOL make; withdrawals left out.

Filed today: a new case joins the same line as anyone's, behind 81,062 cases, and would be decided around March 16, 2027 (between February 24, 2027 and April 25, 2027). Estimate another date

Every program

Across DOL's programs

The wage request, the PERM and the H-1B labor condition application, one line each.

PERM (green card)
73 published
39 pending
$139,027 median, n=73
Prevailing wage requests
136 published
4 pending
$139,942 median, n=136
H-1B labor condition applications
694 published
1 pending
$136,000 median, n=693

Its median H-1B wage is $136,000 across 693 LCAs, 2.2% lower than its median PERM wage of $139,027 across 73 cases. Different forms, different years and different jobs sit behind the two medians, so this is a gap in what was filed, not a finding.

Of its 39 pending PERM cases, 3 (7.7%) sit outside DOL's normal queue: 3 under appeal. Where that sits among every employer.

Every case across these programs is in the search.

How these are counted

Medians are of the published rows with a usable wage, annualised from whatever unit the filing quoted, and withheld under 10 wages. DOL publishes no employer number, so filings are matched by the employer's legal name, read under the 2 spellings DOL's files use for it; another employer with the same legal name would be counted here too. The PERM is the green-card step; the wage request comes months before it, and the LCA is the separate form for an H-1B. DOL publishes each in its own file, and its live record shows what is still open.

Its newest wage requests and LCAs

Filed by Moody's Investors Service, Inc., newest first. Decided ones carry the wage from DOL's quarterly files.

Wage requests

All wage requests by this employer

H-1B LCAs

All H-1B LCAs by this employer

Source: DOL's own case-status service, flag.dol.gov, where any of these numbers can be looked up. A filing shows there soon after it's made, months before DOL's quarterly files.

What its H-1B LCAs were for

From DOL's quarterly LCA files: 694 LCAs filed by Moody's Investors Service, Inc., 674 of them certified with the worker breakdown on Form ETA-9035.

New hires and transfers

260 positions for new employment, 266 moving here from another employer.

  • New employment 7a 260 · 29%
  • Change of employer 7e 266 · 30%
  • Continuing 7b 328 · 37%
  • Change in previous employment 7c 2 · 1%
  • Concurrent employment 7d 0 · 0%
  • Amended petition 7f 42 · 5%

Shares of the 898 worker positions requested. These are positions on certified LCAs, not people hired: DOL certifies an LCA before any petition, and many are never used.

What each box on the form means
  • New employment (7a). Starting with a new employer.
  • Change of employer (7e). Moving here from another employer, keeping the visa classification already held.
  • Continuing (7b). Staying with the same employer.
  • Change in previous employment (7c). Same employer, no material change to the job duties.
  • Concurrent employment (7d). Adding this employer while keeping another.
  • Amended petition (7f). Same employer, with a material change to the job duties.

Form ETA-9035, Section B, Item 7, in DOL's words from its LCA record layout. One LCA can tick several boxes.

Wage level it chose

  • Level I 122 · 18%
  • Level II 150 · 22%
  • Level III 183 · 27%
  • Level IV 219 · 32%

Shares of the 674 certified LCAs that named an OES level. The form asks for the level only when the employer set the wage from the OES survey itself; 0 of 674 used another source, such as a DOL wage determination or another survey. Level I is entry, Level IV fully competent.

What it declared on Section H

H-1B-dependent
No
Found a willful violator
No

As answered on its newest LCA, filed June 8, 2026. Declared H-1B-dependent on 0 of 639 LCAs, and a willful violator on 0 of 687. Both are the employer's own answers.

What the two answers mean

H-1B-dependent (20 CFR 655.736(a)): 25 or fewer full-time-equivalent employees in the US and more than 7 H-1B workers; 26 to 50 and more than 12; or 51 or more, with H-1B workers equal to at least 15% of them.

Willful violator (655.736(f)): DOL or the Justice Department found a willful failure or a misrepresentation of a material fact in the five years before the LCA was filed.

Either one adds two promises to the employer's LCAs: not to displace US workers, and to recruit US workers before hiring H-1B workers (655.738, 655.739). They don't apply to an LCA used only for exempt workers, paid at least $60,000 a year or holding a related master's degree (655.737). The rule on eCFR

Visas these LCAs support: H-1B 687 · E-3 (Australia) 1 · H-1B1 (Chile) 5 · H-1B1 (Singapore) 1. E-3 and H-1B1 use the same LCA as the H-1B.

Against other sponsors

Where it sits among 70,985 sponsors. The full ranking sorts every column.

Each figure ranked only among sponsors with enough cases for it to mean something. No single score: they measure different things.

  • PERM approval rate

    95.9% of 73 decided PERM cases

    Higher than 11% of the 1,343 sponsors with 30 or more decided cases.

  • PERM filings in the last 12 months

    42 filed in the last 12 months

    Higher than 98% of the 13,946 sponsors that filed in the last 12 months.

  • H-1B LCAs certified in the last 24 months

    201 certified in the last 24 months

    Higher than 98% of the 27,903 sponsors with a certified LCA in the last 24 months.

  • Share of H-1B positions that were transfers

    9.8% of 256 certified H-1B positions, LCAs decided Jun 2024 to Jun 2026

    Higher than 37% of the 5,558 sponsors with 20 or more certified positions.

  • Share of H-1B LCAs at wage level III or IV

    53% of 234 certified LCAs with a level, LCAs decided Jun 2024 to Jun 2026

    Higher than 69% of the 5,177 sponsors with 20 or more leveled LCAs.

  • USCIS H-1B approval rate, last 3 fiscal years

    99.7% of 304 USCIS decisions

    Higher than 60% of the 5,810 sponsors with 20 or more USCIS decisions.

Position in the field 1,343 sponsors with 30+ decided

Approval rate

95.9%ahead of 11%

0% 100%

Median days to decision

484 daysahead of 22%

5d 1152d
Each bar counts sponsors at that value. More
Each bar counts sponsors at that value. Sponsors with fewer than 30 decided cases are left out of the population rather than plotted, because a rate over a handful of cases lands wherever the handful landed. The line marks this one.
DOL PERM disclosure files

Against the sponsors ranked nearest

The 120 sponsors ranked nearest filed between 66 and 81 filings.

Their median wait
458 days
This one
484 days

This one sits 26 days behind them.

Why no approval rate

A band is a slice of the volume ranking rather than a population picked for having enough decided cases, so a band rate would be solid at the top of the list and noise at the bottom, under one heading.

Where this sits in the ranking

Ranked 507 of 70,985 by volume: 506 filed at least as many filings, and 70,478 filed no more.

Just above
CSAA Insurance Services, Inc. 73 filings
Just below
Massachusetts Mutual Life Insurance Company 72 filings

Sponsors filing at the same rate

Ranked either side of this one: they file about as many PERM cases.

Sponsors hiring for the same work

The employers filing the most PERM cases for Software Developers, the occupation this sponsor files for most.

What they file, and where

A rank says how much. It says nothing about what the work is, which is the part a job offer from this sponsor turns on.

What the jobs are

Software Developers

SOC 15-1252.00 · 26 filings, 36% of everything they file

How this is counted

These are the 6 occupations with the most filings, 59 of 73 cases between them. The occupation on a PERM is the SOC code on the form, which is the job as DOL classifies it rather than the job title on the offer. DOL still accepts two SOC vintages, so one job can appear twice under two codes; the code is printed for exactly that reason.

The industry they declared

Credit Bureaus

NAICS 56145, 561450 · 73 filings

How this is counted

The NAICS code the employer entered on the form, with the Census Bureau's title for it. DOL publishes the code alone, and an employer can file under more than one.

Where the jobs are

  • North Carolina 47
  • New York 26
How this is counted

The worksite state on the application, which is where the job is and not where the company is headquartered. Volume by state across everyone is on the state map. These 2 states cover 73 of 73 filings.

Where the work is

  • Charlotte, NC 47
  • New York, NY 16
  • New York City, NY 10
How this is counted

The worksite city on the application, which is where the job is. These 3 cities cover 73 of 73 filings.

Who files for them

  1. Fragomen, Del Rey, Bernsen & Loewy, LLP 73 filings · 95.9% approved
How this is counted

The law firm named on the application. 73 of 73 filings, 100% of the total.

Newspapers it advertised in

  1. The Charlotte Observer

    35 cases

  2. The New York Times

    25 cases
How this is counted

The newspaper or professional journal named for each case's two print ads, one count per paper per case, however the filer spelled it.

Additional steps it used

  1. The employer's website

    60 cases

  2. Job search websites

    60 cases

  3. Employee referral programs

    56 cases

  4. Local or ethnic newspapers

    4 cases
How this is counted

The steps a professional job needs beyond the job order and the ads, by the number of cases that name each.

How long before filing it began

  1. Under 30 days

    0.0%

  2. 30 to 59 days

    0.0%

  3. 60 to 89 days

    0.0%

  4. 90 to 119 days

    25%

  5. 120 to 149 days

    15%

  6. 150 to 180 days

    58%

  7. Over 180 days

    1.7%
How this is counted

Days from the first recruitment step to the filing. 20 C.F.R. § 656.17(e) puts the job order and ads 30 to 180 days before filing.

Where every PERM employer recruits

History

Year by year since 2009

138 PERM decisions from FY2009 to FY2026, busiest in FY2026 with 30.

  • certified
  • denied
  • withdrawn

Fiscal years, October to September. A year filed under another name is missing, not zero. FY2026 is partial: DOL's newest file runs through June 2026.

Every year as a table
Fiscal year Certified Denied Withdrawn
FY2009 4 0 0
FY2010 3 0 0
FY2011 5 0 0
FY2012 5 0 0
FY2013 6 0 0
FY2014 5 0 0
FY2015 8 0 0
FY2016 8 0 0
FY2017 5 0 1
FY2018 9 0 0
FY2019 6 0 0
FY2020 0 0 0
FY2021 0 0 0
FY2022 0 0 0
FY2023 0 0 0
FY2024 15 1 0
FY2025 27 0 0
FY2026 28 2 0

Decided in FY2016 to FY2023

The 25 most recent of 29. Case numbers from these years start with A-; look one up for DOL's full record.

Case Decided Outcome Job Offered wage
A-19165-18315 2019-09-16 certified Senior Financial Engineer, NY $137,946
A-19044-72797 2019-05-30 certified AVP Manager - Ratings & Research Support, NY $164,507
A-18360-56219 2019-05-20 certified Analyst - Methodology Review Group, NY $142,830
A-19003-58179 2019-05-08 certified Vice President - Senior Analyst - Infrastructure and Project Finance, NY $194,250
A-19003-58202 2019-05-07 certified Analyst, NY $153,816
A-18169-87896 2018-10-10 certified Associate Analyst 1, NY $122,866
A-18072-52194 2018-07-18 certified Senior Software Engineer, NY $114,026
A-17349-22407 2018-05-31 certified Analyst, CMBS, NY $152,443
The other 17
A-17363-26366 2018-05-17 certified AVP, Financial Engineer, NY $152,443
A-17313-09046 2018-05-08 certified Associate Analyst 1, Student Loans ABS, NY $122,866
A-17312-08610 2018-05-02 certified Analyst, NY $128,220
A-17219-72707 2017-12-12 certified Data Validation Team Supervisor/Statistician, NY $84,507
A-17206-67966 2017-12-12 certified Associate Analyst 1, Structured Credit, NY $108,150
A-17165-51063 2017-10-20 certified AVP Analyst, CMBS, NY $171,465
A-17117-31003 2017-10-19 certified Analyst – Ratings and Process Oversight, NY $114,401
A-17123-33769 2017-08-16 certified AVP Analyst, CMBS, NY $150,000
A-17108-26400 2017-05-03 withdrawn AVP Analyst, CMBS, NY $150,000
A-17018-92068 2017-04-28 certified Manager – MIS, Global RMO, NY $131,997
A-17030-96690 2017-04-28 certified Associate Analyst 1 – Residential Mortgage Backed Securities, NY $124,592
A-16314-69630 2017-03-08 certified Quantitative Analyst, MIS Model Group, NY $101,082
A-16270-56371 2016-12-02 certified Analyst, Corporate Finance Group, NY $153,546
A-16088-89895 2016-07-15 certified VP – Senior Analyst, CMBS, NY $227,178
A-16075-84730 2016-06-30 certified AVP Analyst, Corporate Finance Group, NY $153,546
A-15344-48872 2016-05-26 certified VP, Senior Analyst, RMBS New Ratings, NY $198,636
A-15352-52473 2016-05-25 certified Analyst, RMBS, NY $153,546

Who they sponsored, FY2016 to FY2023

From DOL's old form; the form in use since mid-2023 doesn't carry them. Top six of each.

Country of citizenship

  • India 11
  • China 7
  • Argentina 2
  • Canada 2
  • Brazil 1
  • France 1

Worker's education

  • Master's 21
  • Bachelor's 6
  • Doctorate 2

Visa held when filed

  • H-1B 20
  • L-1 8
  • PAROLEE 1

Schools

  • FAIRFIELD UNIVERSITY 2
  • COLUMBIA UNIVERSITY 1
  • DARTMOUTH COLLEGE, THAYER SCHOOL OF ENGINEERING 1
  • FORDHAM UNIVERSITY 1
  • GOETHE UNIVERSITY 1
  • HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY 1

Fields of study

  • FINANCE 4
  • COMPUTER ENGINEERING 2
  • QUANTITATIVE FINANCE 2
  • BUSINESS ADMIN IN MANAGEMENT AND FINANCE (U.S. EQUIV.) 1
  • BUSINESS ADMINISTRATION (FINANCE AND INVESTING) 1
  • BUSINESS ADMINISTRATION (MBA) 1

Notes on these numbers

What this rank counts, and what it doesn't

DOL prints the name that went on the form, so one sponsor can appear under several. 1 other spelling of this name was folded into this page and its cases are counted here. The 5 entries below start the same way and were not merged, because the difference between them is more than a mistyped letter. Some may be the same sponsor; some are a different one. Rank #507 counts this page's cases only.

144 filings sit on those pages rather than this one. The methodology has the rule that decides which spellings merge.

What these numbers don't say

5 notes
The wage is the job, not the payer
Their filings are led by Software Developers, 26 of 73. The median offered wage moves almost entirely with what roles they file. A software developer and a poultry cutter are different numbers wherever they are filed, so this figure is not plotted against the field and no percentile is given for it: that comparison would rank occupation mix and call it pay. Wages by occupation are on the wages page.
Volume doesn’t change the wait
DOL works a single national queue, oldest first, whoever filed the case, so these 73 filings bought no priority: a company with four thousand waits exactly as long as one with three.
The name is a legal entity
DOL prints whatever went on the form, and here that name ranks 507. A group that files through several subsidiaries appears as several rows, and one that files everything through a parent appears once, so a rank is a rank among printed names rather than among companies.
A median over 73 decided cases
The queue is national and first in, first out, so this figure follows when the cases were filed as much as it follows the sponsor.
Two sources, and they do not add up
The filing counts come from DOL's disclosure files, where every row already carries a decision date, so nothing pending is in them. The queue figures come from a live per-case tracker with its own coverage and its own as-of date. Subtracting one from the other gives a number that means nothing. The worksite on most of these is NC. Where the queue stands overall is on the processing times page.

The window these figures cover: DOL's PERM disclosure files for fiscal years 2024 to 2026, through the third quarter of 2026, 373,939 decided cases. Nothing pending is counted here. How each figure is built

Case data: DOL quarterly disclosure files (flag.dol.gov) · data through Jun 30, 2026 · quarterly

Employers and firms: Derived from DOL's disclosure files · data through Jun 30, 2026 · rebuilt with each quarterly load

Per-case statuses: flag.dol.gov/recaptcha/caseStatus (DOL, direct) · data through Oct 19, 2026 · daily

What each source includes

Case data: Decided PERM cases only. A case still waiting isn't in here, so counts and durations describe finished cases.

Employers and firms: Employers, law firms and occupations ranked from decided cases only.

Per-case statuses: Every PERM case DOL indexes, pending included. No wage, law firm or worksite: DOL reveals those only when a case is published.

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