New H1B Regulations
The H1B visa is a temporary work visa which allows U.S. employers to hire foreign workers in specialty occupations for up to six years, and it’s been the most popular way for employers to bring in high-skilled workers from overseas. In 2016, President Obama signed an executive order that raised the minimum wage requirement on the H1B visas from $60,000 to $130,000 per year. This increased the cost of hiring a worker from outside the U.S., and many companies have faced challenges when trying to find qualified candidates with these higher wages required by law. On October 3rd, 2018 President Trump signed a new set of regulations into law that will take effect on December 3rd, 2019
What is H1B?
What is H1B? The H-1B visa program allows U.S. companies to hire foreign workers for specialty occupations. It’s a common misconception that the H-1B visa is used by employers to replace American workers, but in reality, it’s used to fill jobs that require highly specialized knowledge and skills not found among the local workforce. The H-1B visa program has generated significant controversy in recent years, with many Americans feeling that it unfairly benefits big businesses at the expense of American workers. President Trump campaigned on an America First platform that included promises to reform immigration laws and tighten restrictions on trade deals with other countries, if you want to apply for a visa you probably need an experienced business immigration lawyer.
Why are these changes being made?
The new H1B regulations will be effective on June 11, 2020. The new rules include a wage level requirement of $130,000 or the actual wage level paid to the worker, whichever is higher. In addition, employers must pay workers at least $1 more than what they are paying now. Contact an H1B Immigration Lawyer to request more information.
Why do companies need to hire foreign workers?
Why do companies need to hire foreign workers? The H1B visa is a non-immigrant work permit issued by the United States Citizenship and Immigration Services, which grants qualified individuals with temporary residence in the US. The H1B visa allows for skilled professionals from other countries to come to the US to fill jobs that are not available or are in short supply of qualified American workers. The Department of Homeland Security (DHS) has just announced new rules that will affect this type of employment visas. They will be effective on April 1, 2020.
How will this affect me as an employer or employee?
How will the new H1B rules affect me? On April 3rd, 2019, President Trump signed a memo that would change the way we hire foreign workers. The new rule is expected to come into effect on October 1st, 2020 and it will be in place for 10 years. The new rule will require: The employer to pay wages at or above the median salary of wages in their area; The employer should not outsource jobs to other countries, and There should be no displacement of current employees. If you are an employer, you may need to pay higher salaries than before because there is a wage level requirement.