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Strict H1B Rules May Affect Tech Companies

Strict H1B Rules May Affect Tech Companies

According to some immigration experts, Indian IT companies sent in less number of H1B petitions because of change in H1B program regulations. The filings dropped by as much as 50 percent, which is shocking as the IT companies have always been the highest receivers of H1B visas. Four out of the six high profile American companies were in the top 10 employers list for 2017 fiscal year. Out of the four companies, Amazon received the most number of H1B visa – 2,515, Microsoft received 1,479, Intel received 1,230, and Google received 1,213 H1B visas.

The trend reflects that there is an increasing demand for skilled foreign workers in the United States despite Donald Trump denying it ever since his presidential campaign. US tech companies spend the most on research and development as it keeps them ahead in the game for which they need highly qualified and skilled professionals. Compared to 2016 fiscal year, Amazon received 78 percent more H1B visas in 2017. Facebook also saw a good increase of 53 percent between the two financial years. The third largest increase was of 31 percent for Google.

Research and development are not only essential for a company’s growth but also for the country’s economic prosperity. It will help in the economic growth of the nation. According to National Foundation for American Policy, US tech companies had more successful approvals by filing less H1B petitions. Amazon invested $22.6 billion in research and development, Alphabet (Google’s parent company) invested $16.6 billion followed by $13.2 billion by Microsoft and $12.6 billion by Apple.

Enlighten immigration policy

When Satya Nadella, chief executive officer, Microsoft was asked about Trump administration’s immigration policy, he said that he is a beneficiary of the policy. According to a 2014 report, 7.5 million Indians around the world were awarded bachelor in science and engineering degrees in 2014.

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