10% unemployment but H1B visas accelerating

Discussion in 'Wall St. News' started by noob_trad3r, Dec 10, 2009.

  1. yes... please do.

    Top 30 Employers approved for H-1B visas in 2009, number of visas approved
    1 WIPRO LIMITED 1,964
    2 MICROSOFT CORP 1,318
    3 INTEL CORP 723
    4 IBM INDIA PRIVATE LIMITED 695
    5 PATNI AMERICAS INC 609
    6 LARSEN & TOUBRO INFOTECH LIMITED 602
    7 ERNST & YOUNG LLP 481
    8 INFOSYS TECHNOLOGIES LIMITED 440
    9 UST GLOBAL INC 344
    10 DELOITTE CONSULTING LLP 328
    11 QUALCOMM INCORPORATED 320
    12 CISCO SYSTEMS INC 308
    13 ACCENTURE TECHNOLOGY SOLUTIONS 287
    14 KPMG LLP 287
    15 ORACLE USA INC 272
    16 POLARIS SOFTWARE LAB INDIA LTD 254
    17 RITE AID CORPORATION 240
    18 GOLDMAN SACHS & CO 236
    19 DELOITTE & TOUCHE LLP 235
    20 COGNIZANT TECH SOLUTIONS US CORP 233
    21 MPHASIS CORPORATION 229
    22 SATYAM COMPUTER SERVICES LIMITED 219
    23 BLOOMBERG 217
    24 MOTOROLA INC 213
    25 GOOGLE INC 211
    26 BALTIMORE CITY PUBLIC SCH SYSTEM 187
    27 UNIVERSITY OF MARYLAND 185
    28 UNIV OF MICHIGAN 183
    29 YAHOO INC 183
    30 AMAZON GLOBAL RESOURCES INC 182

    <i>There are three kinds of lies: lies, damned lies, and statistics</i>
    Mark Twain
     
    #161     Dec 15, 2009
  2. gwb-trading

    gwb-trading

    .....and the figures below do not account for all the other types of visas used (L1, etc.) and all the third-party contractors. Also keep in mind that these are the new H-1B visas granted for 2009, it does not account for all the existing H-1B visa holders already working at these companies.

    If the H-1B visa is anything more than a scheme to supress IT salaries in the U.S.; then take the proper steps to promote a "free market" between U.S. workers and H1-B visa holders..... allow H-1B visa holders to work for any employer in the U.S. during their visa period and not be chained in virtual slavery to a single company.

    The H-1B visa situation has nothing to do with a lack of adequately skilled technology workers in the U.S. despite the lobbying of large companies attempting to promote this concept in Washington D.C.

     
    #162     Dec 15, 2009
  3. gwb-trading

    gwb-trading

    H1-B Visa workers can not work in defense. U.S. citizenship and security clearances are required. Nurses come to the U.S. on H1-C (Nursing act of 1999) and H-2B (Temp worker) visas. H-1B visa workers typically do not work in education at universities, etc... a different type of visa (F1) is required. According to Wired magazine and TechCrunch - over 98% of H-1B visas are used for IT/Technology workers.

    Please know the facts before you go rant and rave.
     
    #163     Dec 15, 2009
  4. Years ago, and H-1b I worked with told me exactly that.

    The ad required experience in electronics manufacturing (which he had on his resume)

    We were at an oil company - the 'required experience' had NOTHING to do with our location - it was purely about writing an ad that only he could qualify for.

    I couldnt believe he told me this - who did he think the law was supposed to protect
     
    #164     Dec 15, 2009
  5. i used to work in high tech, and worked with dozens of H1's. the reason companies like them is not because they can't find qualified applicants, it's because H1's are cheaper and can be enslaved.

    if an american worker gets pissed off or doesn't get along with their boss, they can find another job. an H1 has no choice but to stay and tough it out because they're probably not gonna find another sponsor. this is coming from the mouth of many H1's who i've spoken to.

    it's an open secret in the IT field. in fact this is probably a more important factor than the salary, which is only a little lower than an american's when you add in the overhead for hiring H1's.
     
    #165     Dec 15, 2009
  6. it's also volume. more workers, lower 'pravailing wage'

    it's interesting that some on this thread think that anyone who's against bringing back indentured servitide (which H-1b most certainly has) is 'anti-American'
     
    #166     Dec 15, 2009
  7. pupu

    pupu

    Hehehe,

    Look at all the stupid lazy unemployable IT Americans running around likes plucked chickens w/o their heads

    Get back in place with the rest of the slaves or it's the cattle prod for you.
     
    #167     Dec 15, 2009
  8. mahadiga

    mahadiga

    US Employers prefer to hire Highly Skilled Wage Slaves aka H1B.
     
    #168     Dec 17, 2009
  9. leela

    leela

    Exactly. besides they can be pressured to work much longer hours w/o extra pay! 80 hrs a week is not unusual.
     
    #169     Dec 17, 2009
  10. gwb-trading

    gwb-trading