Locating highly skilled, uniquely talented workers can be very difficult for some employers in the United States. In fact, year after year the demand for workers with so-called STEM (science, technology, engineering and mathematics) skills has outpaced domestic supply. While United States employers are currently in need of approximately 120,000 computer engineers each year, American universities produce only 30 percent of that number.
Perhaps that is why H-1B Visas are so highly sought after by U.S. employers seeking to expand or otherwise fulfill their need for workers with specialty skills. H1-B Visas open the door to foreign non-immigrant workers who possess the education, training and knowledge to become a much needed asset in the American workforce.
Benefits of H-1B Visas
- H-1B Visas are not only beneficial to skilled foreign non-immigrant workers and U.S. employers, but to American workers as well. Since employers are required to pay H-1B Visa holders wages that are equal to or higher than what they pay American workers with the same skills, American workers do not need to worry about being replaced by workers who will accept lower wages. Additionally, by increasing their number of employees with foreign non-immigrants who possess specialty skills, employers are more able to provide adequate employees in fields where there are shortages, which is an excellent solution to help prevent overload on American workers.
- Another significant consideration of a H-1B Visa is that it can help employers retain qualified workers for a longer period of time, and H-1B Visa holders are not prohibited from pursuing their Green Cards to obtain permanent residency. While the initial term that a H-1B Visa is allowed to remain in the United States is six years, there exists the opportunity to apply for 3 year extensions. This option is beneficial to employers who are seeking a more permanent workforce.
- By filling key positions with qualified foreign-born workers, American companies also boost the competitiveness of the United States. Failing to hire highly skilled non-immigrant workers often means that those workers will use their skills on behalf of competitors in other countries.
- While the L-1 Visa is limited to multinational companies, the H-1B is much more versatile. With H-1B Visas, virtually any U.S. employer is eligible to seek the skills of a foreign worker as long as all of the eligibility requirements are met.