Who received less H-1B visas in 2016! - Final Part
In my previous blog, I have mentioned how Indian firms have seen a massive drop in the number of applications for FY 2016 and how top Indian outsourcing firms in the US are now getting fewer approvals of the US H-1B visa when you compare 2015. An analysis will be presented below for all the companies and who are on the roll.
An analysis by Glassdoor has shown that 9 out of 10 highest paying majors are for US students who are in STEM fields who are out of college by 5 years. There were reports too who said that the figures portrayed in Trump administration are about 80 percent of the H-1B workers were being paid less that the median wage that was paid to other fields.
This statistic is so misleading because the DOL database has multiple applications for the same individual because a new filing will be required generally when the H-1B professional moves ahead to a new job or an area. The median salary that was given in the year 2015 for H-1B related recipients who have worked for 3 years or more were given $7000 higher than the median salary offered in the industry in general.
Therefore, the counts for people who may be double or triple may be working at one or more geographic locations like younger workers who may be sent to work at multiple offices. It may not reflect what the employers may pay the individual workers as only a minimum is required for government filing purposes.
The foundations also argue that the temporary visas like H-1B, OPT USA etc. are very important as they are a practical way for a working professional who is highly skilled and wished to work in the US and for an international student who is educated in the US and who can work for a long term in the US. 77% of the full-time international graduate students belong to electrical engineering and a 71% of them are in computer science stream. opt for international students will help the young graduates to work in the US after graduation.
There are many reforms to increase the labor mobility and increase the green card quota thus eliminating the per country limit that is not currently on the agenda and the new restriction on the highly skilled are more likely to continue. Having highly skilled professionals are a bonus not only to the global economy but also to the companies to get better contracts.
The numbers show that the applications are coming down in the coming years and may continue. You need to equip yourself with latest skills to stand out in the job market and only then can you stand a chance. Choosing the right degree or job is just not enough nowadays as getting the right training and certification of latest technologies will give your career the boost that is required. You cannot get latest job opportunities in the US on https://www.simplyopt.com/.