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US proposes new rule to select H-1B visa applicants

The new H-1B visa rules will give the American tech companies an edge over Indian IT firms as their wage levels are much higher than that of IT services companies.

October 30, 2020 / 17:28 IST
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The US Department of Homeland Security has proposed a new rule to select H-1B registrations based wage levels instead lottery process to protect jobs of AmePreviewrican workers.

The changes will be applicable to the 85,000 H-1B visas issued every year using lottery. This would give the American tech companies an edge over Indian IT firms as their wage levels are much higher than that of IT services companies.

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According to data provided in the h1bdata.info, median salary offered by social media major Facebook based was $167000. The data provided by h1bdata.info, median salary offered by Infosys Limited was $82763 in 2020.

According to brokerage firm HDFC securities median H-1B wage offered by IT services firms stood at $89,000 in FY19.