U.S. Tech Companies Add Five Workers For Each H-1B Visa They Seek

[OhioChick]

Source: Information Week

A report says large tech companies with more than 5,000 employers added an average of five workers for every H-1B position requested; smaller companies added 7.5 workers.

By Marianne Kolbasuk McGee
InformationWeek
March 10, 2008 01:00 PM


For each H-1b visa position requested, U.S. technology companies increase their employment by an average of five workers, says a new report released today by the National Foundation of American Policy, a research organization.

The NFAP examined all H-1B Labor Condition Applications, or LCA filings, to the U.S. Dept. of Labor from 2001 to 2005 by Standards & Poor's 500 technology companies. The NFAP report says researchers used "a regression model that controls for both general market conditions and firm size" in analyzing the association between number of positions required in H-1B LCA documents and the percentage of total employment.

Through this analysis, NFAP determined that S&P 500 technology companies with more than 5,000 employers added an average of five workers for every H-1B position requested. For companies with fewer than 5,000 employees, the average increase in employment was 7.5 workers for each H-1B position requested.

The S&P 500, which consists of mostly American companies, currently features about 76 technology companies.



Read more: http://www.informationweek.com/management/showArticle.jhtml?articleID=206902716

[k8conant]

1. Read the COMMENTS for how bogus this is...

we don't need more H-1B positions when folks like me can't get an IT job with over 20 years' experience.

[thunder rising]

3. it's the 20 years experience that's the problem. Those H1-Bs will live 10 to the apartement on less

earnings than you can pay for a house.

[OhioChick]

8. You're Absolutely Right....

on both issues. Corps "want" extensive experience, but only want to pay 35K/year.

[Bozita]

2. Look at that list of companies! GE, Northrup Grumman, Countrywide, Lockheed and more?

We already knew about Microsoft.

From the tail end of the article:

So, who's trying to fill the most jobs? According the NFAP report, S&P 500 employers with the most job openings as of January 2008 are Microsoft (NSDQ: MSFT) (4,005), Northrop Grumman (3,925), Lockheed Martin (3,901), General Electric (3,078), Countrywide Financial (2,415), JPMorgan Chase (2,164), Tenet Healthcare (2,050), United Health Group (1,927), Raytheon (1,694), IBM (NYSE: IBM) (1,670), Computer Sciences (NYSE: CSC) Corp. (1,666), Cintas (1,664), L-3 Communications (1,618), Bank of America (1,600), U.S. Bancorp (1,562) and Cisco Systems (NSDQ: CSCO) (1,504).

[thunder rising]

4. Who funds, "National Foundation of American Policy" I'll bet it's not unemployed US IT pros

[angstlessk]

5. this information does NOT say they are US jobs only that the DOL

report requires they post the jobs and their locations..in fact further down the piece it states

"Major U.S. technology companies today average more than 470 U.S.-based job openings for skilled positions, while defense companies have more than 1,265 each."

This is the only place they mention US jobs???

[Morereason]

6. They must be trying to increase the limit again. The propaganda is flying

[ladywnch]

9. yes they are trying to increase the limit and Hillary has said she is

in favor of it!!!! I heard her speak to Silicon Valley convention and she agrees US companies should be allowed to increase the number of foregin workers. Then she said there were not enough students taking math and engineering studies in both high school and college.

If there has indeed been a decline in those disciplins it is because they've seen their jobs being shipped over seas and the hiring market for them looks bleak at best. Hillary says NOTHING about all the IT workers who are unemployed and can't get hired by US companies cause they want to work for something more than pennies on the dollar.

[antigop]

12. What you said is documented in these videos. Watch and distribute them!

http://www.youtube.com/watch?v=UhLBSLLIhUs
Hillary pushes for more h1-b visas and outsourcing

http://www.youtube.com/watch?v=cLNOSGM2jK4
Lou Dobbs: Hillary Clinton's hypocrisy (part 1)

http://www.youtube.com/watch?v=jgdrh2Bc95M
Lou Dobbs: Hillary Clinton's hypocrisy (part 2)

[OhioChick]

13. Favors the Working US Citizen, Right?

:sarcasm:

[antigop]

14. She also slams older workers if you didn't catch it. n/t

[Prefer]

16. OBAMA IS IN FAVOR OF IT, TOO

he says because Americans "lack the skills"

[OhioChick]

10. Yes....It's That Time of Year Again...

Gates to appear again before Congress on eve of H-1B visa rush

http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9066460&intsrc=hm_list

[Name removed]

7. Deleted message

Message removed by moderator. Click here to review the message board rules.

[stox]

11. In other words

they can dilute the pool by 20%, and drive wages even lower. No wonder nobody wants to major in tech these days.

[antigop]

15. welcome to DU, stox! n/t

[H8fascistcons]

17. How many of you own an X-Box??

IN late 2006 Bill gates was on capitol hill asking congress to raise the amount of H-1b visas with an emphasis on engineers from India. That very Christmas there were news reports of people literally mugging each other in Wall Mart parking lots for Bill Gates Microsoft made in China X-Boxes. Import cheap labor, manufacture X-Boxes in China thus ensuring no American was employed and then literally beat each other up for a made in China X-Box, what's wrong with this picture????
America WAKE up! let the China products rot on the shelf, you do not need a X-Box, Apple I-Phone or I-tunes. Corporations only care about the money, as long as you support their criminal greed they will never offer you a decent paying job...

[lovuian]

18. No to H1B and NO open trade and NO outsourcing

In times of recession asking for H1b visas is a crime