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Trump administration’s H-1B visa crackdown: Expect big hike in foreign worker wage costs

Ahead of the US election, the Trump administration wants new rules to raise the cost of foreign workers on H-1B visas

The administration has framed the H-1B reforms and foreign employee wage requirement as a way to protect American workers as the coronavirus pandemic pummels the US labor market. 

The interim rule aims to improve the accuracy of the ‘prevailing wage’ methodology that the department currently uses to remove incentives for companies to hire foreign workers in the US rather than US workers.

“The current wage-level computations may adversely affect the wages and job opportunities of US workers by allowing employers to pay wages to foreign workers at a rate below the market rate for similarly employed US workers,” the interim rule states.

“This can result in either employers preferring to hire foreign workers over US workers, or result in wage suppression for US workers. These problems, in turn, can also impede US workers’ return to the workforce at income levels comparable to what they were making before the downturn.” Read more via ZDNet

Pemo Theodore

Pemo is a Media Publisher & Event Producer. She is CoFounder/CEO Silicon Valley TV She is the Executive Producer of FinTech Silicon Valley & organizes Bay Area FinTech meetup: Silicon Valley FinTech meetup & Blockchain Music meetup with almost 3k members. She has produced Silicon Valley Events for Investors & Startups 7 years. She video interviews venture capitalists & angel investors & FinTech experts. She partners with videographers to cover San Francisco Bay area startup conferences & meetups with livestreaming, video & foto packages Silicon Valley TV She is based in Silicon Valley & has been involved in online business for 14 years. She has been in small business for 46 years in Ireland, London, Canada & Australia. She also published a free ebook (the findings of 1 year research from VCs, angels & women founders) “Why are Women Funded Less than Men? a crowdsourced conversation” She was TheNextWomen‘s most prolific contributor of 2011. Silicon Valley TV has been noted as a platform for supporting high growth women led companies in Huffington Post

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