H-1B Visa Program: 13 Notable Statistics - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Comments
H-1B Visa Program: 13 Notable Statistics
Newest First  |  Oldest First  |  Threaded View
Page 1 / 2   >   >>
Brian.Dean
50%
50%
Brian.Dean,
User Rank: Ninja
12/15/2014 | 11:14:44 PM
Re: You forgot the most important statistic
The shareholders that have invested capital into technology companies would like to gain a profit as well. If the world has a supply of skills that is relatively cheaper than those companies would want to utilize it to earn a profit for their shareholders. The out-come of the cap could go either way, but someone will be at the losing end.
Ashu001
50%
50%
Ashu001,
User Rank: Ninja
11/22/2014 | 10:32:49 AM
Re: You forgot the most important statistic
Sir,

I stopped watching Cable (and disconnected it long-long back).

Whatever news and entertainment my family needs today is all via the Internet.

I am just sharing all the news that I am getting online on this topic with you.

It can definitely improve/change the plight of H-1Bs (the changes that Obama is now proposing ).

Good,Good Article!

 
moarsauce123
50%
50%
moarsauce123,
User Rank: Ninja
11/22/2014 | 8:51:26 AM
325; 750; 1,500; 500; 2,000; 1,225
 

These numbers are the real problem! The fees are ridiculously low. Any company wanting to hire via H1B needs to have compelling business reasons to import talent. With petty fees like that the main driver is cheap labor, that is not what H1B was intended for. A company that is in dire need for talent will also be willing to pay for it. Increasing the fees at least tenfold will ruin the math for hiring cheap labor because after paying the fees the labor isn't that cheap anymore compared to hiring folks who already are in the country.

 
n6532l
50%
50%
n6532l,
User Rank: Strategist
11/22/2014 | 2:29:20 AM
The H-1B is Itself a Manipulation of the Free Market
The reason the H-1B visa was invented was to allow employers to avoid the high wages a free market gave to STEM workers. Nobel economist Milton Friedman said


"There is no doubt, that the [H-1B] program is a benefit to their employers, enabling them to get workers at a lower wage, and to that extent, it is a subsidy."

The H-1B is government manipulating the labor market for the benefit of employers by increasing the supply of labor with foreign born workers in order to drive down the price. A free market solution to a shortage of skilled workers would be to eliminate the H-1B and let employers bid up the price of labor (wages). This would ensure that available labor would go to where it is needed most and the high wages would attract more people to acquire the skills the market demands.
vbierschwale
50%
50%
vbierschwale,
User Rank: Strategist
11/21/2014 | 12:29:00 PM
Re: You forgot the most important statistic
Can't afford tv, so I have no idea what is happening.

 

http://keepamericaatwork.com/?p=601

 

Here is the link to the article.
Ashu001
50%
50%
Ashu001,
User Rank: Ninja
11/21/2014 | 11:21:16 AM
Re: You forgot the most important statistic
Sir,

How are you reading the latest Obama Immigration Overhaul annoucement?

Sure Congress(and especially all the Republicans) have vowed to Defeat it by fair means or foul;but I personally feel(after going through the Details of the plan;need to still see how it will work in practice).

That it will be a good deal for most H-1Bs today.

It would have been better if he would also have brought a proposal to reduce the H-1B Quota for Fresh Enrollees but By and By(if this is how the US Government decides to implement things finally) ;It will be a massive-massive improvement over the existing mess.

Bottomline is that someone who has been working in the US for over a decade continously should get an Automatic Green Card and you have to also control flow of Techies constantly flowing in from abroad depressing American Wages in the process.

That's the only way to end this mess decisively.

Could you please send me the Title of the article you had written recently(Infosys and Thanksgiving)?

I would love to read it.
Ashu001
50%
50%
Ashu001,
User Rank: Ninja
11/21/2014 | 11:21:16 AM
Re: You forgot the most important statistic
Sir,

How are you reading the latest Obama Immigration Overhaul annoucement?

Sure Congress(and especially all the Republicans) have vowed to Defeat it by fair means or foul;but I personally feel(after going through the Details of the plan;need to still see how it will work in practice).

That it will be a good deal for most H-1Bs today.

It would have been better if he would also have brought a proposal to reduce the H-1B Quota for Fresh Enrollees but By and By(if this is how the US Government decides to implement things finally) ;It will be a massive-massive improvement over the existing mess.

Bottomline is that someone who has been working in the US for over a decade continously should get an Automatic Green Card and you have to also control flow of Techies constantly flowing in from abroad depressing American Wages in the process.

That's the only way to end this mess decisively.

Could you please send me the Title of the article you had written recently(Infosys and Thanksgiving)?

I would love to read it.
JamesG113
100%
0%
JamesG113,
User Rank: Apprentice
11/20/2014 | 3:29:13 PM
An inconvenient fact and a suggestion:
One thing the author fails to mention is that if an H-1B applicant loses the lottery, his fees are fully refunded.Because of this, many companies file extra petitions to improve the chances of getting the number they want. The total number of filings relates more to how many companies are trying to game the system than it does to actual need.

The solution:

First, we need to make sure there is a cost to apply for an H-1B visa, even of the lottery is lost. I think keeping half of the filing fee would go a long way toward getting rid of those trying to game the system.

Next, we need to change the lottery to a sealed-bid auction based on pay.
After the initial 5 day acceptance period, grant visas only to the companies paying the highest wages. That way, American companies who really need H-1Bs will be able to get them by offering high wages, while the low-ballers and body shops will be out of luck.
In the next year, raise the low end minimum bid to the second quintile of acceptable bids, and keep raising it each year until the minimum matches or exceeds the median pay for American workers.
After a few years, the current limit on H-1Bs, will be more than enough to fill the need, and we can lower the limit.
The change would be gradual enough for the companies who do not really need foreign talent to ween themselves off the program and back on to American workers.
hho927
100%
0%
hho927,
User Rank: Ninja
11/20/2014 | 1:56:56 PM
Re: Need a few more numbers
We can argue but everything is about money. I beleive human by nature are corrupted. My indian colleague took a few CS classes with connection now he's working for a fortune company.

In the 90s people rushed to study CS/IT. I was one of them. I graduated with BS after the dot com bust. I was willing to work for little money at a mid size company. Could not get it. I have to settle for little money with small companies. I do what I love but money doesn't come. My old college friends either joined the navy,army or switched to other careers.

Companies are trying to make more money so the owners/CEOs can get a new house,bmw, or mistress. I can't believe my tiny company outsource too.
kstaron
100%
0%
kstaron,
User Rank: Ninja
11/20/2014 | 10:55:44 AM
Need a few more numbers
I want one more number here to make it complete: The number of U.S. graduates ages 25-34 with a degree in IT that are currently looking for a job. (And maybe the numbers of those over 35 that are looking too)

If the visas fill a need the education system in the U.S. needs to look at why. Why are we not churning out enough IT graduates to fill the needs of the companies looking? What opportunities and experiences are available in other countries that make the visa holders more valuable than U.S. graduates? Or is it really all about cutting costs by getting cheaper labor?
Page 1 / 2   >   >>


State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
Slideshows
What Digital Transformation Is (And Isn't)
Cynthia Harvey, Freelance Journalist, InformationWeek,  12/4/2019
Commentary
Watch Out for New Barriers to Faster Software Development
Lisa Morgan, Freelance Writer,  12/3/2019
Commentary
If DevOps Is So Awesome, Why Is Your Initiative Failing?
Guest Commentary, Guest Commentary,  12/2/2019
Register for InformationWeek Newsletters
Video
Current Issue
The Cloud Gets Ready for the 20's
This IT Trend Report explores how cloud computing is being shaped for the next phase in its maturation. It will help enterprise IT decision makers and business leaders understand some of the key trends reflected emerging cloud concepts and technologies, and in enterprise cloud usage patterns. Get it today!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll