Top 7 Indian companies receive less H-1B visas in 2016: Report
Washington: Top seven Indian-based outsourcing companies in the US received fewer H-1B visas in 2016 as compared to 2015, and as a group their numbers dropped 37 percent, according to a new report.
The companies experienced a drop of 5,436 approved petitions (37 percent) in 2016 as compared to previous year, a report by the National Foundation for American Policy a Washington-based non-profit thin-tank said.
It said, the 9,356 new H-1B petitions for the top seven Indian-based companies approved in fiscal 2016 represent only 0.006 percent of the US labour force.
“While the threat of job loss has long been exaggerated by critics, it reaches illogical proportions when discussing fewer than 10,000 workers in an economy that employs 160 million workers nationwide,” the National Foundation for American Policy said in a statement after releasing the report.
According to the report, the number of approved new H-1B petitions for Tata Consultancy Services (TCS) declined by 56 percent from FY 2015 to FY 2016, from 4,674 to 2,040, a drop of 2,634.
For Wipro, the petitions declined by 52 percent between FY 2015 and FY 2016, a drop of 1,605, going from 3,079 to 1,474 approved petitions for initial employment during those years.
For Infosys, it declined by 16 percent (or 454 petitions), with 2,376 approved H-1B petitions for initial employment in FY 2016, compared to 2,830 in FY 2015, said the report, which based its research from government data.
“The drop in new H-1B visas for Indian-based companies, which is expected to continue when data are released on cases filed in April 2017 for FY 2018 start dates, is due to industry trends toward digital services such as cloud computing and artificial intelligence, which require fewer workers, and a choice by companies to rely less on visas and to build up their domestic workforces in the US,” the report said.
“H-1B petitions approved for initial employment in FY 2016 were filed by employers in April 2016, which means the drop in H-B visa use by these companies is not due to Donald Trump’s election.
“In the past, US policymakers have used the number of visas going to Indian-based companies as a political or policy reason to propose new immigration restrictions and to not raise the low annual supply of H-1B visas, which has been exhausted every year for the past 15 fiscal years,” said NFAP executive director Stuart Anderson, former head of policy at the Immigration and Naturalisation Service under President George W Bush.
Among the top companies with new H-1B petitions approved in 2016 were Cognizant (3,949), Infosys (2,376), TCS (2,040), Accenture (1,889), IBM (1,608), Wipro (1,474), Amazon (1,416), Tech Mahindra (1,228), CapGemini (1,164), Microsoft (1,145), HCL America (1,041), Intel (1,030), Deloitte (985), Google (924), Larsen &Toubro (870), PricewaterhouseCoopers (713), Ernst & Young (649), Apple (631), Syntel (583), Facebook (472), Oracle (427), Cisco (380), Mindtree (327), Goldman Sachs (287), UST Global (283), JPMorganChase (271), IGATE (255), Stanford (221), Yahoo! (206) and KPMG (198).
An analysis of US Citizenship and Immigration Services (USCIS) data on FY 2016 H-1B petitions shows, similar to FY 2015, approximately 25,000 different US employers hired at least one high-skilled foreign national on a new H-1B petition in 2016.
Employers in manufacturing include Tesla Motors with 108 approved new H-1B petitions and Cummins with 197.
Uber had 121 approved H-1B petitions in FY 2016, eBay 115, and the Mayo Clinic 111.
National Foundation for American Policy said the April 2017 unemployment rate in the US for “computer and mathematical science” occupations was 2.5 percent a very low rate, even lower than the 4.4 percent for “all occupations,” according to the Bureau of Labor Statistics data.
The unemployment rate for “architecture and engineering” occupations is even lower at 2.1 percent, it said, adding this illustrates a disconnect between reality and claims that high-skilled foreign nationals are preventing US workers from pursuing careers in tech fields.
According to Code.Org, Bureau of Labor Statistics data indicate there will be “1.4 million more software development jobs than applicants who can fill them by 2020?and there are more than 500,000 open computing jobs nationwide.”
An analysis by Glassdoor shows 9 of the 10 highest paying majors for US students 5 years out of college are in STEM (science, technology, engineering and math) fields, the report said.
The report disputed the figures of the Trump Administration that about 80 percent of the H-1B workers are paid less than the median wage in their fields.
At US universities, 77 percent of the full-time graduate students in electrical engineering and 71 percent in computer science are international students.
Reforms to increase the labor mobility of H-1B visas, raise the employment-based green card quota and eliminate the per country limit would be welcome but are not currently on the agenda. New restrictions on highskilled immigration are more likely, it said.
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Source: Zee news