Fact of the day

Posted on April 18, 2009. Filed under: H1B | Tags: , , , , , |

In spite of the requirement that H-1B workers be paid the prevailing wage, H-1B workers earn significantly less than their American counterparts. On average, applications for H-1B workers in computer occupations were for wages $13,000 less than Americans in the same occupation and state.

 

Prevailing Wage Definition: Prevailing Wage is defined as the hourly wage, usual benefits and overtime, paid in the largest city in each county, to the majority of workers, laborers, and mechanics. Prevailing wages are established, by the Department of Labor and Industries, for each trade and occupation employed in the performance of public work. They are established separately for each county, and are reflective of local wage conditions.

 

Reason: Top Indian companies alone sponsored around 13,000 H1B Visas which is one main reason why the average H1B workers are paid less than their American counter parts for similar skill level.

 

If you look at average H1B Salary at Top Indian outsourcing companies like Infosys, Wipro, Satyam, TCS, Accenture, Cognizant, IBM India, Patni, Deloitte, it is around $55,000/Annually.

 

If you look at average H1B salary at Top IT companies like Microsoft, Intel, Google, Yahoo, IBM USA, Cisco, QUALCOMM, Goldman Sachs, it is around $75,000/Annually.

If you look at average H1B Salary of mid-level consulting companies in United States, it’s around $75,000/Annually.

 

Lastly, if you observe miscellaneous or small companies, the average salary is around $65,000/Annually.

 

If we separate out those 13,000 Indian based company sponsored H1B visas from the total list, I am sure the average H1B salary will be higher than the average American salary in IT field.

 

Source:

 

http://www.h1bfacts.com/

 

https://f1toh1.wordpress.com/2009/04/12/check-how-many-approved-h1bs-your-employer-got/

 

What do you think???

 

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