There is a pressing need of more qualified and talented workers in the US even while the visa process to welcome them should be made simpler and easier, claims a new research paper from a US professor. Allegedly, stiff rules, putting a ceiling on skilled immigration, are harming US job increase while proving expensive and costing the domestic firms 1000s of dollars per employee.
According to the professor, public have worries about jobs and income for themselves and their kids, and that's not unsubstantiated, even as there's a prevalence of proof that high-skill immigration is an energetic force that can assist the country generate not employment opportunities, but really good jobs.
The US Department of Homeland Security limits the figure of the trained immigrants given permission to enter the nation every year through the H-1B Visa Scheme at 65,000 per annum, despite the fact that there are some exceptions involving education.
Still, the demand among the potential immigrants, to do a job in the country--and the demand among domestic companies to fill openings necessitating a high level of skill--far surpasses that limit.
A large number of overseas employees, who would like to move to the US, are prevented from doing so each year, with the US Citizenship and Immigration Services (USCIS) estimating it obtained close-to 233,000 H-1B Visa petitions for the financial 2016 alone.
Detractors of the H-1B system, reportedly, assert that it enables the domestic organizations to bring-in foreign employees who can be given cheaper wages, so it makes logic that government officers would limit the number of skilled foreign workers who would gain admission in the US labor market per annum.
But the research paper from the professor reportedly observes that the latest facts put forward that the H-1B Visa holders classically make as much as, or more than, their American-born opposite numbers. The professor cites a study that said the H-1B holders took home an average of 76,356 dollars in 2010, vis-à-vis the 67,301 dollars average given to the native-born nationals having a bachelor's degree.
In the meantime, the potential immigrants can't even get hold of an H-1B Visa unless they discover a firm willing to give them sponsorship--a procedure that costs the American companies 1000s of dollars.
As per a poll linked to the professor’s report, 82% of the US organizations, which responded to the study, stated their costs related to the hiring of an overseas worker are either equal to or higher than the costs of taking up a domestic employee. Nearly three-quarters of the participants depicted the charges of the H-1B compliance as "too high."
The professor pointed-out that the visa arrangement is not making it easier. In case anything, it is making it tougher for the firms in the US to take into service talented overseas nationals even as the unreasonable costs excessively harm small groups.