Description
H-1B Visas: Building America’s Intellectual Capital
H-1B Visas: Building America’s Intellectual Capital
Scott Orn [email protected] MORS 450
1
David is highly qualified but visa troubles are forcing him back to Ireland
2
What is an H-1B Visa?
? The H-1B visa was introduced in 1990 as a means of providing a visa application process for highly skilled and specialized workers. ? Allows U.S. companies to temporarily hire foreign workers who have at least a bachelor’s degree or equivalent to fill specialized jobs.1 ? The number of H-1B visas issued in a given year is subject to a government regulated cap – currently 65,000 with an additional 20,000 for International Students at U.S. Universities.2
1. 2.
U.S. Citizenship & Immigration Services, http://149.101.23.2/graphics/howdoi/h1b.htm H1Base, www.h1base.com
3
Historical # of visas granted in the U.S.
200,000 180,000 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 0
190,000
H1-B Visa Caps
115,000 65,000
90,000 85,000
1990 1994 1998 2000 2005 2006 2007
1. H1Base, www.h1base.com
4
The shortage of H-1B Visas is costing corporations money and depriving us of entrepreneurial leaders
? U.S. Citizenship & Immigration Services received 123,480 eligible applications on [the first 2 days of availability] for 65,000 H1B visas.1 ? American Corporations are leaving over $1B on the table every year due to H-1B visa restrictions.2 ? More than half of professionals with doctorate degrees in science and engineering under age 45 are now foreign born.3 ? Indian and Chinese Entrepreneurs alone – many who use H-1B Visas – head 29% of SiliconSqueeze for Foreign MBA’s”, BusinessWeek, May 14, 2007, www.businessweek.com Valley’s businesses.4 1. “A Visa
2. 3. 4. “Recommendations for the H-1B Visa Policy in the United States,” Kellogg School of Management, Authors: Bisht, Fedak, Nimmergut, Patel, and Starrett, May 30, 2006 “Economists support entry of educated foreigners”, Carolyn Lochead, San Francisco Chronicle, April 26, 2006, www.sfgate.com “How to Keep the People the U.S. Needs”, BusinessWeek, March 2, 2004, www.businessweek.com
5
Technology industry leaders understand the importance of immigration
? "Unfortunately, America's immigration policies are driving away the world's best and brightest precisely when we need them most.” – Bill Gates, Microsoft, March 7, 20071
? “When I look at Andy Bechtolsheim, who is employee number one at Sun, and wrote the original check to found Google, I don’t look at him and think, Andy, you are a foreigner. I look at him and I say, you are one of the greatest contributions to American commerce and the American way of life of anybody I see.” - Scott 1. “Gates to Senate: More McNealy, Sun Visas”, BusinessWeek, March 8, 2007, www.businessweek.com Microsystems, March 8, 2. “Immigration Crackdown Bad for Business?”, FoxNews.com, March 8, 2006, 20062 http://www.foxnews.com/story/0,2933,187225,00.html
6
Justifications for curtailing intellectual capital immigration
Justification
? These people are taking jobs from the average American
Rebuttal
? Actually they are taking highly specific jobs that require a huge amount of education and expertise – jobs that the average American is not qualified for. ? “The best ambassadors we could possible have are the students who come to this country to study.” -- Former FBI and CIA Director William Webster, May 3, 20071
7
? Immigration will leave the door open to terrorism
1.
“U.S. Visa Restrictions a Challenge for Educational Institutions ”, Graduate Management Admissions Council, May 3, 2007, http://www.gmac.com/gmac/NewsCenter/NewsCommentary/CSISVisaForum.htm
H-1B Visa Policy Recommendations
? Immediately double the number of H-1B Visas available in 2007 to 130,000 ? Continue to funnel Visa application fees back into educational scholarships.
– From 1999 to 2006, employers paid more than $1 billion in H1B visa fees1 – These fees have funded more than 40,000 scholarships and grants for U.S. students in science and math, science programs for 75,000 middle and high school students and provided training for 55,000 U.S. workers and teachers1
? An expanded H-1B policy will infuse the workforce with greater ? Eliminate the widespread practice of waiving the H-1B petition technical capabilities and entrepreneurial desires. form fee of $1,000 – thereby generating even more scholarship ? fundingterm, the revenue generated from the H-1B program will Longer be invested in the education of a new generation of engineers and entrepreneurs
1. “Economists support entry of educated foreigners”, Carolyn Lochead, San Francisco Chronicle, April 26, 2006, www.sfgate.com
8
doc_149035759.ppt
H-1B Visas: Building America’s Intellectual Capital
H-1B Visas: Building America’s Intellectual Capital
Scott Orn [email protected] MORS 450
1
David is highly qualified but visa troubles are forcing him back to Ireland
2
What is an H-1B Visa?
? The H-1B visa was introduced in 1990 as a means of providing a visa application process for highly skilled and specialized workers. ? Allows U.S. companies to temporarily hire foreign workers who have at least a bachelor’s degree or equivalent to fill specialized jobs.1 ? The number of H-1B visas issued in a given year is subject to a government regulated cap – currently 65,000 with an additional 20,000 for International Students at U.S. Universities.2
1. 2.
U.S. Citizenship & Immigration Services, http://149.101.23.2/graphics/howdoi/h1b.htm H1Base, www.h1base.com
3
Historical # of visas granted in the U.S.
200,000 180,000 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 0
190,000
H1-B Visa Caps
115,000 65,000
90,000 85,000
1990 1994 1998 2000 2005 2006 2007
1. H1Base, www.h1base.com
4
The shortage of H-1B Visas is costing corporations money and depriving us of entrepreneurial leaders
? U.S. Citizenship & Immigration Services received 123,480 eligible applications on [the first 2 days of availability] for 65,000 H1B visas.1 ? American Corporations are leaving over $1B on the table every year due to H-1B visa restrictions.2 ? More than half of professionals with doctorate degrees in science and engineering under age 45 are now foreign born.3 ? Indian and Chinese Entrepreneurs alone – many who use H-1B Visas – head 29% of SiliconSqueeze for Foreign MBA’s”, BusinessWeek, May 14, 2007, www.businessweek.com Valley’s businesses.4 1. “A Visa
2. 3. 4. “Recommendations for the H-1B Visa Policy in the United States,” Kellogg School of Management, Authors: Bisht, Fedak, Nimmergut, Patel, and Starrett, May 30, 2006 “Economists support entry of educated foreigners”, Carolyn Lochead, San Francisco Chronicle, April 26, 2006, www.sfgate.com “How to Keep the People the U.S. Needs”, BusinessWeek, March 2, 2004, www.businessweek.com
5
Technology industry leaders understand the importance of immigration
? "Unfortunately, America's immigration policies are driving away the world's best and brightest precisely when we need them most.” – Bill Gates, Microsoft, March 7, 20071
? “When I look at Andy Bechtolsheim, who is employee number one at Sun, and wrote the original check to found Google, I don’t look at him and think, Andy, you are a foreigner. I look at him and I say, you are one of the greatest contributions to American commerce and the American way of life of anybody I see.” - Scott 1. “Gates to Senate: More McNealy, Sun Visas”, BusinessWeek, March 8, 2007, www.businessweek.com Microsystems, March 8, 2. “Immigration Crackdown Bad for Business?”, FoxNews.com, March 8, 2006, 20062 http://www.foxnews.com/story/0,2933,187225,00.html
6
Justifications for curtailing intellectual capital immigration
Justification
? These people are taking jobs from the average American
Rebuttal
? Actually they are taking highly specific jobs that require a huge amount of education and expertise – jobs that the average American is not qualified for. ? “The best ambassadors we could possible have are the students who come to this country to study.” -- Former FBI and CIA Director William Webster, May 3, 20071
7
? Immigration will leave the door open to terrorism
1.
“U.S. Visa Restrictions a Challenge for Educational Institutions ”, Graduate Management Admissions Council, May 3, 2007, http://www.gmac.com/gmac/NewsCenter/NewsCommentary/CSISVisaForum.htm
H-1B Visa Policy Recommendations
? Immediately double the number of H-1B Visas available in 2007 to 130,000 ? Continue to funnel Visa application fees back into educational scholarships.
– From 1999 to 2006, employers paid more than $1 billion in H1B visa fees1 – These fees have funded more than 40,000 scholarships and grants for U.S. students in science and math, science programs for 75,000 middle and high school students and provided training for 55,000 U.S. workers and teachers1
? An expanded H-1B policy will infuse the workforce with greater ? Eliminate the widespread practice of waiving the H-1B petition technical capabilities and entrepreneurial desires. form fee of $1,000 – thereby generating even more scholarship ? fundingterm, the revenue generated from the H-1B program will Longer be invested in the education of a new generation of engineers and entrepreneurs
1. “Economists support entry of educated foreigners”, Carolyn Lochead, San Francisco Chronicle, April 26, 2006, www.sfgate.com
8
doc_149035759.ppt