Wage hike for H1B visa holders in US push Indian IT for local hiring

Proposed new bill would want workers holding H1B visas to earn $100,000, up from $60,000 currently

With US Congress reintroducing bills to impose stringent laws for H1B visa holders, Indian IT services firms may have to look for higher local hiring there. The proposed new bill would want workers holding H1B visas, a large chunk of employees from Indian IT companies use this visa, to be paid a minimum of $100,000, up from $60,000 currently. The bill, Protect and Grow American Jobs Act, will remove the Master's degree exemption from H1B visa norms.

Even if the Indian IT services providers see a minimal impact on margins with the wage hike, they will have to focus on more