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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

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Pemo Theodore is a Media Publisher & Event Producer and a great people connector.. She is Founder/CEO Silicon Valley TV which has served the San Francisco Bay Area for 11 years! She has produced Silicon Valley Events for Investors & Startups for 9 years. Pemo loves to video interview venture capitalists & founders to engage the human behind the success stories.. She has been Executive Producer of FinTech Silicon Valley for 5 years, organizing twice monthly FinTech talks & panels in San Francisco & Palo Alto. She believes in learning through a great discussion with experts in the domains. Pemo has a talent to bring the right people together and is an incredible networker. Pemo's events have been seen as supporting Venture Capitalists & Angels in sourcing great deal flow from startups who attend her events. Many founders have received funding through meeting investors at her events. Her favored medium is visual media and she has built up a great body of work of videos of panels & interviews in Silicon Valley.startup ecosystem.

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