Department of Homeland Security (DHS) and the Department of Labor (DOL) announced on October 6th, 2020,two interim final rules in the H-1B regulation. These changes are aimed to make it tough for companies to hire skilled foreign workers and increase the hire of the local talent.
Wage Change For Highly Skilled Workforce!
This change will increase wages for highly skilled foreign workers and green card applicants. This will effective after publishing in the Federal Register.
The three visa categories that will be affected are- H-1B, H-1B1 (residents from Chile and Singapore), and E-3 (for Australian residents).
According to the Interim Final Rule (IFR) document, “A primary purpose of the restrictions on immigration…is to preserve jobs for American workers.”
On average, the wages will increase by 28 percentile than the current wages.
The current wages for skilled foreign workers differ based on geography, experience, and nature of work. The DOL has thus categorized the wages into level 1 (entry-level), level 2 (experience), level 3 (qualified), and level 4 (fully competent).
According to the new wage rule………….Read More>>
Source:- techiyogiz
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