High-tech Visa Bill In Big U.S. Spending Plan:
dailynews.yahoo.com
Thursday October 15 3:54 PM EDT
WASHINGTON (Reuters) - A bill to increase the number of U.S. visas granted to foreign high tech workers, blocked in the Senate last week, has been included in the mammoth spending bill Congress is expected to approve shortly, Senate leaders said.
Under current law, 65,000 H-1B visas are granted annually to noncitizen computer programmers and other highly skilled professionals to work in the United States for up to six years. The bill would nearly doubled that, to 115,000 for the next two years, and 107,500 in the third year. After that, the level would drop back to 65,000.
High tech companies had lobbied to increase the cap on foreign workers... [more]
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In a 7/6 Forbes article 'The Russia house' it was mentioned that nearly 70% of Genesys' technical staff at that time was foreign. If that's still the case, the company may stand to benefit from the increased quota.
[excerpt]......
Shenkman claims his employee turnover is just 3% a year--low by Silicon Valley standards, but he's not taking any chances. Genesys collaborates closely with Russia's premier institutions, Moscow University and Phystech, and puts recruits to work at local development centers. If they prove their worth, it's off to San Francisco--if they can get visas.
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Article URL - forbes.com |
