A Tool For Analyzing H-1B Visa Applications Reveals Tech Salary Secrets

To read more about why Indian Consulting companies can pay very low salaries to their IT consultants, please go to http://developers.slashdot.org/story/15/05/28/1541246/a-tool-for-analyzing-h-1b-visa-applications-reveals-tech-salary-secrets

“If the title says ‘consultant’, instead of $130,000 you might pay $60,000, the gap is that big.”

Tekla Perry writes:The golden age of engineers is not over,’ says a French software engineer who developed a tool for mining U.S. Department of Labor visa application data, but, he says, salaries appear to be leveling off. Indeed, salary inflation for software engineers and other technical professionals at Google and Facebook has slowed dramatically, according to his database, and Airbnb and Dropbox pay is down a little, though Netflix pay is through the roof. The data also shows that some large companies appear to be playing games with titles to deflate salaries, and Microsoft is finally offering technology professionals comparable salaries to Apple and Google. There’s a lot more to be discovered in this interactive database, and researchers are getting ready to mine it.

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Cognizant spent $2.7mn on US lobbying in 2014, while Wipro spent $460,000 and TCS spent $80,000

It is basically one of the top reasons why Indian Consulting companies like Infosys, Wipro and TCS can dominate the H1B visas. They have spent “small” money for lobbying and have gained tremendous amount of profit by controlling the H1B visas (as well as workers who want to work in the US)

Cognizant spent $2.7mn on US lobbying in 2014, while Wipro spent $460,000 and TCS spent $80,000

BENGALURU: Cognizant Technology Solutions spent about Rs 17 crore ($2.7 million) last year trying to influence US lawmakers primarily on the country’s new immigration rules, significantly higher than its top three Indian IT rivals put together.

WiproBSE 0.17 % spent about $460,000 on lobbying in the US last year, and Tata Consultancy ServicesBSE -0.25 %, India’s largest software exporter, about $80,000, filings with the US Lobbying Act Disclosure Database show. InfosysBSE 2.30 % d ..

Read more at:
http://economictimes.indiatimes.com/articleshow/47422697.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst