US President Donald Trump’s administration on Monday suspended the H-1B visas till the end of the year. His administration has announced a “merit-based” reform plan that may hurt Indian professionals and companies that place technology workers in the US.
Notably, the COVID-19 pandemic has caused an unemployment crisis in the US with many availing unemployment benefits. The move has been enforced to “ensure we continue putting American workers first during our ongoing coronavirus recovery,” the White House said. It is expected to make 5,25,000 jobs available to US workers.
Indians account for nearly 74 per cent of the work visas. Companies that act as subcontractors sponsoring workers on H-1B visas and deputing them once they are in the US to work elsewhere are likely to take a hit by the move.
US officials have hinted at another reform that would renew the way H1-B visas are allotted from the current lottery system to favour those who are offered the most wages. The new minimum will be the 50th percentile of the national income, currently USD 63,000 according to US Census Bureau. Applicants with the top 85,000 wage offers would get the H-1B visas……….Read More>>
Source:- techiyogiz
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