How merit based immigration policy will impact tech companies

Posted on: 10 Mar 2017  |   Tags: ,

trump US President Donald Trump’s win to the topmost chair of the world has had its share of hiccups since the time he has assumed the post. His take on immigration and visa rules has had their share of pros and cons and has equally met with bouquets as well as brickbats. Nevertheless, he remains unnerved about the hullabaloo going all around. The newest clause that has interested many is his take on merit-based immigration system whereby entry of higher-skilled workers has been facilitated. Under this, tech companies have a brighter chance of hiring the best resources. According to CEO of the Consumer Technology Association, Gary Shapiro this is the most optimistic step he has seen about immigration legislation.  Reducing family based visas is also a point to worry about. While tech employers are on a high with this news, there is a part of the workforce that is unhappy at this turn of events and counterblast their employees for not opposing this decision. According to Trump, “save countless dollars, raise workers’ wages and help struggling families — families including immigrant families — enter the middle class”. The good news here is that the temporarily suspended H-1B visas can now be overlooked. This had caused a huge inconvenience to tech companies but now with this alteration, the tech companies have a huge advantage. Also, a merit-based system that gives green card predisposition to higher-skilled workers could provide an effortless passage for immigrants qualified to apply for tech jobs in the US. Trump did not mentioned anything in the meeting with the tech companies about the H-1 B visa program which is utilized by tech companies Intel, Google, Microsoft to hire engineers and other skilled experts from foreign countries. He however criticized them for exploiting this visa to underpay American workers and said he needs a complete change of the said program. If more green cards will be given based on merit, it will give a good flow of techies from foreign countries and reduce the pressure on the limited numbers of H-1 Visa quota. This is no doubt,  good news to rejoice in the Silicon valley. All are counting their fingers on what will be the impact on the tech businesses in USA. The Silicon Valley looks forward to this change as it would have a large impact on the tech picture in the US with regards to higher-skilled resource and the investment on them.

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