H-1B Visa Reform Bill Introduced in US House of Representatives - minimum wage $130K

[rrc_2015]

Washington: A legislation has been introduced in the US House of Representatives which among other things calls for more than doubling the minimum salary of H-1B visa holders to $130,000, making it difficult for firms to use the programme to replace American employees with foreign workers, including from India.

The High-Skilled Integrity and Fairness Act of 2017 introduced by California Congressman Zoe Lofgren prioritises market based allocation of visas to those companies willing to pay 200 per cent of a wage calculated by survey, eliminates the category of lowest pay, and raises the salary level at which H-1B dependent employer are exempt from non displacement and recruitment attestation requirements to greater than $130,000.

 

Source : All major news websites 

[rrc_2015]

Soon after the news broke out, Indian tech stocks - including that of the big four, Infosys, TCS, Wipro and Tech Mahindra - tanked as much as 9% wiping out Rs 44,000 crore from the markets.

[rrc_2015]

"It offers a market-based solution that gives priority to those companies willing to pay the most. This ensures American employers have access to the talent they need, while removing incentives for companies to undercut American wages and outsource jobs," he said.

Lofgren said it removes the 'per country' cap for employment based immigrant visas so that all workers are treated more fairly and to move to a system where employers hire the most skilled workers without regard to national origin

It raises the salary level at which H-1B dependent employer are exempt from attestation requirements to a new required wage level of 35 percentile points above the median national annual wage for Computer and Mathematical Occupations published by the Department of Labour Occupational Employment Statistics (roughly $132,000), which would be adjusted in the future without the need for new legislation, and eliminates the Masters Degree exemption for dependent employers.

The legislation sets aside 20 per cent of the annually allocated H-1B visas for small and start-up employers (50 or fewer employers) to ensure small businesses have an opportunity to compete for high-skilled workers, while still protecting against outsourcing.

 

 

It among other things removes visa hurdles for students and other temporary visa holders by building a bridge from F-1 student status to Lawful Permanent Residence and removes paperwork burdens by streamlining H-1B filing requirements and reducing administrative costs.

[Crowley]

2 minutes ago, rrc_2015 said:

Soon after the news broke out, Indian tech stocks - including that of the big four, Infosys, TCS, Wipro and Tech Mahindra - tanked as much as 9% wiping out Rs 44,000 crore from the markets.

Naa mata oka 50 percent padithe bagundedi 

so every one will be deported who has billing less than 130k

[sid_22]

Its over bhayya...... i'll end my contract soon and get out....... better to exit early and leave to India.

[mettastar]

Idi introduce chesi chala rojulakndi.. manollu ippudu nidra lecharu

[rrc_2015]

3 minutes ago, mettastar said:

Idi introduce chesi chala rojulakndi.. manollu ippudu nidra lecharu

Earlier they said $100k kada ... When was it changed to $130 K. 

 

Any way layers market ki surgical strike. 

[rrc_2015]

5 minutes ago, sid_22 said:

Its over bhayya...... i'll end my contract soon and get out....... better to exit early and leave to India.

Don't panic bhayya.... Wait and See

[guduraju]

5 minutes ago, mettastar said:

Idi introduce chesi chala rojulakndi.. manollu ippudu nidra lecharu

Chestharu annaru ... Ivvala chesaru

[Tadika]

[mettastar]

24 minutes ago, guduraju said:

Chestharu annaru ... Ivvala chesaru

It was introduced on 24th 

 

01/27/2017: H.R. 670, "High-Skilled Integrity and Fairness Act of 2017"Introduced in the House by Rep. Zoe Lofgren

• This bill was introduced in the House on Tuesday, 01/24/2017. This bill proposed two reforms. One is to eliminate the H-1B Cap lottery system, replaced by the highest salary and other criteria in allocation of H-1B petitions. The other reform is to remove per country limitation to employment-based immigration visas which is identical to the bill which was introduced by Rep. Jason Chaffetz of Utah earlier. For summary, please click here. There are currently several H-1B reform bills in the House and the Senate. See report. There is also pending litigation to remove H-1B lottery system in the federal court in Oregon, which is scheduled to be decided in the near future. Other than the forthcoming court decision in Oregon, the H-1B reform legislative bills may not affect FY-2018 H-1B cap lottery since the legislation may take time

[mettastar]

26 minutes ago, rrc_2015 said:

Earlier they said $100k kada ... When was it changed to $130 K. 

 

Any way layers market ki surgical strike. 

100m dhi vere bill

[kevinUsa]

Lno one will pay  graduate 130k 

90lac per yr India lo  CEO kuda each 

Impossible to get approved that's will know the reality and leave it

Ma university lo okkka teodu Ms in CS cheyadu so from.whwre will they find a usc

[Neutral]

If this bill is passed companies based in India and Philippines dhunnesukuntaayyi....anyway they are safe..

[Batman_fan]

This guy is taking decisions on the fly. No rationale whatever.