H-1B Visa: Why US employers may have to pay foreign workers higher salaries
A new H-1B rule has been proposed by the Trump administration that will significantly increase the minimum salary limit required to be paid by US employers while hiring foreign workers. If the new proposals are approved, the increase in the H-1B salary is likely to be between 21% and 33%.
“Under a recent DOL proposed rule, annual wages would increase by $16,000 for an entry-level automotive engineer in Detroit on an H-1B visa. For a software engineer in Silicon Valley sponsored through the program, they would go up by $40,000, based on the agency’s wage survey data,” wrote Andrew Kreighbaum, Bloomberg Law, in his recent report.
