This thought has been lingering since this ruling was sent to the OMB for approval. How will it affect existing H1/other wages? As the OP says, DHS is expecting 180k ead applications this year. Thats a large pool of qualified folks with potentially prior work experience. Thoughts?
Well, this helps Indian offshoring gaints like Infosys, TCS as they are struggling to find H1s to fill spots onsite. And the thing about Infosys, TCS, Wipro, Cognizant, etc is this: they just need warm bodies onsite for billable hours.
Yes, wages will be depressed in big corp software and IT. To what extent, I don't know.
Top tier talent won't be affected that much: but how many companies need top tier talent? Or how much the top tier talent constitutes US IT/Software market? Maybe, less than 10 percent.
Comments
This thought has been lingering since this ruling was sent to the OMB for approval. How will it affect existing H1/other wages? As the OP says, DHS is expecting 180k ead applications this year. Thats a large pool of qualified folks with potentially prior work experience. Thoughts?
Well, this helps Indian offshoring gaints like Infosys, TCS as they are struggling to find H1s to fill spots onsite. And the thing about Infosys, TCS, Wipro, Cognizant, etc is this: they just need warm bodies onsite for billable hours.
Yes, wages will be depressed in big corp software and IT. To what extent, I don't know.
Top tier talent won't be affected that much: but how many companies need top tier talent? Or how much the top tier talent constitutes US IT/Software market? Maybe, less than 10 percent.