H-1B Visa: Calm View of Indian Industry, Post-COVID Work and Offshore Delivery Opportunities
However, the National Bureau of Economic Research has conducted a study. The things that have come out in this study also reveal the truth of American companies. together with H-1B visa But she is also exposing the dark truth related to the hiring of foreign workers. In America, American companies are allowed to hire foreign workers on H-1B visa for specialized work in many sectors including tech, healthcare, finance, education. Every year 85 thousand visas are issued.
What things came to light in the study?
The study states that American companies H-1B worker But during the entire duration of the visa, she is saving about 1 lakh dollars in her salary. H-1B visa is available for 3 years, which can also be extended for 3 years. To prepare this study, 3.40 lakh H-1B workers were analyzed, who were working for American companies between 2021 and 2024. After adjusting the data for education, occupation, age, gender and location, it was found that H-1B workers were paid about 16% less than their similarly qualified American counterparts.
It was told that when the data is looked at without adjusting the data, it appears that H-1B workers American employees They are getting about 13% more salary than. The main reason for this is that most of the foreign workers work in the tech sector, where they get good salaries. But as soon as the data was adjusted for factors like job role and location, the pattern changed completely. Then the data shows that on average, H-1B workers were paid 16% less than American workers. This difference represents a total change of 29%.
Low salary data revealed: American economist
Speaking to Newsweek, American economist George J. “This is a huge wage gap between H-1B workers and their local counterparts,” Borjas said. Although everyone knew about this, but now it is better to document it with reliable data. He said that apart from big tech companies, there are many such companies where H-1B workers are being given less salary.
