IT Staffing Report: Nov. 5, 2020

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New H-1B rule seems structured to price H-1B workers out of the market (National Foundation for American Policy)

The US Department of Labor’s new rule affecting H-1B visa holders' salaries does not reflect market wages or meet the definition of prevailing wage, according to an analysis by the National Foundation for American Policy. For example, the annual salary of a computer and information systems manager in East Stroudsburg, Pennsylvania, would increase 206.5% under the new wage rule. On average, the rule would require a 39% pay increase for H-1B and green card holders for Level 1 positions, 41% for Level 2 positions, 43% for Level 3 positions and 45% for Level 4 positions. “The new DOL wage rule appears designed to inflate the salaries of H-1B visa holders and employment-based immigrants to price their services out of the US labor market,” according to the analysis.