Morningstar
H-1B salaries and sponsorship, from 48 certified filings (FY2025–FY2026)
- Other Financial Investment Activities
- Main U.S. filing address: Chicago, IL
At a glance
- Mostly above the prevailing wage. 79% of filings are above the prevailing wage. Median offer $126,152, median prevailing wage $116,366.
Is your Morningstar offer competitive?
Enter the base salary in your offer. We compare it with Morningstar's certified filings for the same job.
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Percentiles from Morningstar's certified H-1B filings, base salary only. Jobs with at least 10 filings.
What Morningstar hires for
Bar: share of Morningstar's filings. Figure: median base salary. Top 10 jobs account for 98% of filings (11 occupations in total).
Show all 1 jobs
| Job | Median | Filings |
|---|---|---|
| Software Engineer | $136,500 | 27 |
Jobs with at least 10 filings at Morningstar.
Pay by level
Entry-level · 18% of filings
Mid-level · 29% of filings
Senior · 21% of filings
Expert · 32% of filings
Show the table
By experience level
| Wage level | Median | Filings |
|---|---|---|
| Entry-level · Level I | too few | 7 |
| Mid-level · Level II | $110,441 | 11 |
| Senior · Level III | too few | 8 |
| Expert · Level IV | $154,123 | 12 |
Median shown when a level has at least 10 filings.
Where Morningstar files
Median base salary in each metro area. Rent: HUD Fair Market Rent, FY2027.
Show all 1 metro areas
| Metro area | Median | Filings |
|---|---|---|
| Chicago, IL | $126,152 | 42 |
Salary details
Salary range
| Percentile | Salary |
|---|---|
| 10th | $90,062 |
| 25th | $106,977 |
| 50th (median) | $126,152 |
| 75th | $143,523 |
| 90th | $156,216 |
Salary by year
Median salary
Filings per year
Show as table
| Fiscal year | Median | P25 | P75 | Filings |
|---|---|---|---|---|
| FY2020 | $100,000 | $84,500 | $113,630 | 55 |
| FY2021 | $105,000 | $93,014 | $113,850 | 57 |
| FY2022 | $115,000 | $92,000 | $124,433 | 49 |
| FY2023 | $102,931 | $84,500 | $120,090 | 67 |
| FY2024 | $119,218 | $91,343 | $136,125 | 48 |
| FY2025 | $124,270 | $99,481 | $139,704 | 31 |
| FY2026 | $130,800 | $115,605 | $150,837 | 17 |
Pay vs. prevailing wage
Filing at exactly the prevailing wage does not mean low pay: at senior levels and in high-cost areas the prevailing wage itself is high.
About Morningstar
Morningstar's filings list its industry as Other Financial Investment Activities (Finance and Insurance sector, NAICS 5239). Its main U.S. filing address is in Chicago, IL and its filings in the data run from FY2020 to FY2026 Q3. In the latest two fiscal years, the most filed jobs are Software Engineer, Financial Analyst and Quantitative Analyst and the main metro areas are Chicago, IL, Albany, NY and Boston, MA. The most common wage level in those years is Level IV (expert).
Questions
Does Morningstar sponsor H-1B visas?
Yes. Morningstar filed 48 certified H-1B Labor Condition Applications in FY2025–FY2026, the latest two fiscal years. The most recent filing in the data is from FY2026 Q3. A certified LCA is a step before the H-1B petition; it is not a visa approval.
How much does Morningstar pay H-1B workers?
The median base salary on Morningstar's H-1B filings is $126,152; half of filings fall between $106,977 and $143,523. Bonus and stock are not included.