The controversial US H-1B visa program which was widely criticized all over for taking away American jobs have provided a lot of economic benefits for both the US and India says popular reports and a study. The most controversial H1B visa program which has been widely criticized for costing the local workers who are Americans, is said to provide more economic benefits for both the countries says a study from the researchers at the University of Michigan and at the Centre for Global Development.
The incomes of both the countries combined because of the US Visa program has risen to billions and the total IT output too has risen steadily in few years. Coming to recognizing the negative repercussions for the workers the study also said that overall many US born employees are wealthier by many millions because of this program. Sponsorship jobs have risen and come down too in these years.
An average worker who belongs to any country is better off because of immigration and the US native workers have big gains only because of the visa program. The impact that the US has made on the economy of India is huge since the early 2000’s as the GDP rose, h1b visa database was full, jobs were created, a number of people continued to go to the US on lucrative jobs and settle there permanently. Back home they invested in all sectors and the economy boomed.
The visa program allows h1b sponsoring companies to employ foreign workers in specialty occupations and many Indian outsourcing firms such as Infosys, Tata Consultancy Services, and Wipro have always been the leading recipients of H1B visas which were used by the employees to work on the client sites in the US and the program was very much instrumental in the rise and rise of billion-dollar IT services industry. You can now get OPT and H-1B opportunities on www.simplyopt.com.
The approach has come under the fire in the recent years and the arrival of the new president saw a sea change in the approach as the new administration announced many measures to curtail the program’s use and to eliminate the abuse of the visa which was going on for long. The program has also been widely criticized in India too as it was causing too much of brain drain.
There are many who have taken up the issue with an assertion that the Indian workers too who are migrating to the US have led to a dramatic expansion of India’s technology industry and has widely contributed to the wide expansion of the skilled workforce throughout the country. Plenty of students have also switched to Computer Science and IT related engineering fields because of better prospects and those who did not migrate stayed back to help and boost the Indian IT services industry.
There are some H-1B visa holders who have returned with additional knowledge to improve the sector and the increase in the productivity eventually allowed India to surpass the US in software and hardware exports. Immigration can lead to better technology being built and the overall productivity of other sectors too will improve and the consumers of IT and computer related goods will benefit from better software and hardware prices.
There are many engineers who are seeking immigration opportunities and h1b visa sponsorshipin the US and who are looking out at the positive side of President Donald Trump’s executive order to restrict H-1B visas. A day after the president’s move the order will mostly impact the students who are about to pass out from poorly ranked colleges. There are many companies employing people who are passing out from mediocre engineering colleges on low wages and taking them to the US.
This will probably stop now as there are improved chances of others who have studied in renowned institutions and who have advanced degrees. However, there are not many who are not optimistic at the same time. Many IT professionals feel that “buy American hire American” order that will adversely affect Indian job-seekers where the order will seek highest skilled and paid labor to America. Under such circumstances, the US will block h1b applications that seek low wages.
Thousands of Indian professionals are employed by American companies each year through these time limited work permits that are meant for engineers, computer programmers and scientists who are much sought after by Silicon Valley. The administration order says that there is a need for legislative approval that is aimed at the abuse of the existing US H1-B visa program and giving back the jobs to the American which formed the core of major campaign promises.
The US is offering a staggering 85,000 visas every year and most of them are snapped up by Indian outsourced whose employees want to fill the skill gap in US engineering in the form of h1b jobs. Applications that are vastly oversubscribed and are allocated visa a lottery system which the administration says is misused by Indian companies which are a charge firmly denied by the industry body NASSCOM. The reactions in India to the US move are however quite mixed. They feel that the new changes will actually help the Indians and while Indians are actually the biggest beneficiaries the expected change of the substantial increase in minimum salary level may force the companies to take away US jobs elsewhere to countries like India, China etc. The order is actually a blow to the workers in the sector and the morale of the employees has taken a beating. Get h1b and opt jobs now on https://www.simplyopt.com.
The main companies who are to blame for the violations are the service based firms and as a result product based firms are now suffering. Indians who are not getting H1-B visa extension every two years will find it difficult now and the US government is firm on restricting foreigners who are applying for regular jobs and the reviews are serious who are applying for extensions.
So when it comes to the case of fresh applicants unless the US government is satisfied with the credentials and the US companies are not able to find any alternatives for them will be difficult for them to get visas. But in the long run highly skilled professionals will only find it beneficial in the long run. Unless there is a reduction in the number of existing visas which is more than unlikely it is a good development for highly skilled and highly paid Indians.
Hindering the access to needed talent will only harm the American companies in the long run and it will hurt thousands of US businesses and their efforts to be more competitive by hindering access to the needed talent. Selective targeting is not going to help much as it accounts for less percentage of visas and salary levels as a metric is not necessary as the best indicator of US economy.
In my previous blog, we have mentioned as to how top prominent universities are the places where some of the top industrialists have studied and honed their skills. There has been a hike in admissions until last year before the presidential elections. We have seen how the scenario is changing over the current years and how most of the top ranked institutions are now immune and have not seen a decline in enrollment. The message from the US government, however, is clear as the safety and security are a primary concern at all the levels including the campuses.
Despite so many assurances from the US government, there are many concerns that have increased since Trump has taken over as the president and unease are quite palpable on various campuses. There are quite legitimate concerns under the president over the US H-1B visa and there are many former students who are having trouble in getting jobs after the student visa period is over. Many have moved up their unusual career paths by working in India or Europe for a year with global firms and then moving back to the US.
There are apprehensions regarding the enrollment of Indian students at many universities at many universities as well and so far the enrollment rates are flat and international students who are especially from India are taking their own time to join campuses in the US. There is time till August to make up their minds and take additional efforts towards their outreach. There are many colleges who are now reaching out to students on social media and other platforms to answer if they have any questions or queries regarding how to live on campus and the safety and work like opt jobs for international students.
There are many universities who have many undergrad and grad students who are from many countries and with the highest number of them enrolled in computers, telecom and in data analytics courses. They are also part of the outreach efforts and they volunteer for the international student’s office. In a normal class, most of the students are Indians and thus working in an overseas office will help him/her to connect with a larger community which will help them to a network when they start looking foropt jobs in USA.
There are many problems too that have been faced by students right now as many government agencies who turn out to be the largest employers are most unlikely to offer jobs or even internships to foreign students or even opt part time job in many areas like networking, cyber security etc. and this is against a backdrop of heightened security measures. Thus, after the coursework is over they may start looking for opportunities in private firms in Texas or Silicon Valley as they are the most flexible and more likely to pick up foreign talent.
There are many student associations at universities who are stepping up the efforts to help the student to keep abreast of immigration rules around the F1 student's visa status. Many still believe that the alumni network and the university will come to their help for the job search process despite many companies being cautious and sponsoring international students for H-1B visas and let us keep our fingers crossed now and students don’t have to worry too much despite political issues.