[OC] H1B Program : Top Payers & Top Petitioners compared

Posted by iKidA

12 comments
  1. Data from Bloomberg for 2024 FY.

    Some Takeways:

    1. The H1-B program is clearly used to hire *mostly* highly paid, highly skilled immigrants , but there certainly companies in the gray zone that need to be investigated for questionable hiring practices.

    2. Nevertheless, the median salaries at even these outsourcing companies are far higher than the U.S. population median.

    Important Note : The big tech total compensation is around 1.5-2x higher than what’s mentioned here since RSUs, bonuses, etc. are not included in these filings.

  2. Are the wages posted for just H1B employees or all employees?

  3. Before anyone else mentions Amazon as an outlier, the new grad TC is 160k for SWE so the number here is quite understated as it doesn’t include RSUs

  4. You should include academia and other cap-exempt H-1B if they are available. I am trying to apply for one and I am sure I will not make that much compared to industries listed here.

  5. It’ll be interesting to see this mapped to the countries of origin of the workers that filled those roles.

  6. Is the “number of selected petitions” in thousands?

  7. Meh top payers are generally in HCOL or VHCOL regions while companies like Infosys work for clients even in rural Nebraska so naturally their pay will be lower than ones in silicon Valley but higher than local pay (by law).
    And these list just base pay which is also not always accurate as companies file in bulk and go with lowest common denominator. It doesn’t include stocks, bonus or any other variable pay.
    It’s very common to have H1 employee make 400K+ but the H1 listing only show $170K

  8. McKinsey is also associated with mass layoffs. What devils.

  9. Yet so many people on Reddit keep comparing H1B employees to slaves or claim that they are just cheap labor.

    The biggest issue are the scummy consultancy firms and USCIS could do more against them imo.

  10. The big four accounting firms being on the graphic is interesting. The YouTuber Josh Fluke has done a great job of how working at the Big Four Accounting firms has become a nightmare of passive aggressive supervisors and unwritten rules that makes Dilbert look quaint.

    It would be interesting to see how much turnover each of these companies has…

  11. KPMG?

    Are there accounting positions that can’t be filled with US labor?

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