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H-1B wages will rise by over 30%: Cato Institute

H-1B employers will have to increase actual wage offers by more than 30% following the US department of labour (DoL)’s new wage rules for H-1B employees, according to US public policy research organisation Cato Institute. This would significantly increase costs for Indian IT services companies that depend on H-1Bs , and will push them to hire locally, and/or move work to offshore locations like India. H-1B employers will have to increase actual wage offers by more than 30% following the US department of labour (DoL)’s new wage rules for H-1B employees - Cato Institute Vikram Shroff, head of HR law practice at law firm Nishith Desai Associates, said large technology companies may be able to comply with the wage increase rule, especially to get foreign talent. “However, several smaller and mid-sized employers who also rely on H-1B might find such conditions restrictive. Then, there is also the question of employer needing to proportionately increase the wages of the similarly employ...

Donald Trump announces new US H-1B visa rules, Indian techies likely to be hit

The United States Administration of President Donald Trump has unveiled a tightening of rules for immigration visas used widely by technology firms, claiming the new system would be better for American workers. The H-1B is a visa in the United States under the Immigration and Nationality Act, section 101(a)(15)(H) that allows U.S. employers to temporarily employ foreign workers in specialty occupations. A specialty occupation requires the application of specialized knowledge and a bachelor's degree or the equivalent of work experience. The duration of stay is three years, extendable to six years; after which the visa holder may need to reapply. The United States Administration of President Donald Trump has announced a tightening of rules for immigration visas used widely by the technology firms, claiming the ''new system would be better for American workers''. The Department of Homeland Security announced on Tuesday the new regulations for so-called H-1B visas for h...