re: More Visas For Indian Tech Workers?
Can anyone tell me how many H1B visas are currently in existence at the moment? All of the information I have seen so far only talks about the number of visas granted per year (85,000). Since very little of the salaries paid to these workers actually stays in the US, this represents a fairly large fiscal "leak" for the US.
Assuming that the visas are only good for 6 years (510,000 active visas at any given time) and the workers are being paid on the average of $50,000 (take home of $25,000), this represents about a $12 Billion drain every year. If these funds were going into the pockets of American citizens instead, it would certainly help the US economy.
And, as for the employers who claim that the talent is not available in the US, sorry, we do have it. In the 30 years I was hiring tech workers in the semiconductor industry, I was never able to find a worker who could immediately be fully productive walking in the door. I always assumed that some "finishing school" was going to be necessary to get a new worker accustomed to the way we did business. It worked and we never had a problem finding and attracting new workers.