The Trump administration’s decision to raise the H-1B visa application fee from several hundred dollars to $100,000 aims to encourage American companies to hire more local workers. However, many IT hiring specialists argue that the primary beneficiaries will be nearshore service providers rather than U.S. workers. As skilled labor shortages persist in various IT fields, companies might lean towards offshoring and utilizing Global Capability Centers (GCC) in countries like Mexico, Colombia, and Costa Rica for addressing their talent needs.
While some benefits for U.S. workers could arise, such as increased interest in local training programs, the overall trend indicates a shift towards outsourcing. Legal experts note that the complexities of international labor and tax regulations could hinder small businesses from accessing this talent pool effectively. Large corporations may adapt more easily to these changes, while smaller enterprises might face significant challenges, further bifurcating access to skilled labor. Overall, this policy shift reflects a significant recalibration of how U.S. tech companies source talent in the face of growing global competition.
👉 Pročitaj original: CIO Magazine
