cptsyk
Re:Issa bill would kill a big H-1B loophole
on Saturday July 23, 2016 @07:19PM (#12151450)
Yup. Sleazy is an understatement.
http://www.nbcbayarea.com/investigations/Silicon-Valleys-Bod...
Re:Issa bill would kill a big H-1B loophole
on Saturday July 23, 2016 @06:59PM (#12151378)
Companies who do this ask their employees to pay back in inr in India. Companies settle this with some creative accounting. Regulations for financial reporting are a joke in India. Google it for details.
Re:Issa bill would kill a big H-1B loophole
on Saturday July 23, 2016 @06:51PM (#12151346)
Yeah but did it make any difference? Fine for abusing H1B is so low that its laughable.
Re:Issa bill would kill a big H-1B loophole
on Saturday July 23, 2016 @06:41PM (#12151311)
You'd be surprised at length Indian companies go to win contract and employees to get a chance to get out of India. Its nothing short of slavery.
People in western world think 9 percent unemployment rate is high; Now just think about close to 80 percent unemployment rate in chosen field of study. In such environment competition is so intense to get and hold a job, employees would do anything that companies tell them to. Including passing the 40% salary back to company under the table.
Re:Issa bill would kill a big H-1B loophole
on Saturday July 23, 2016 @06:12PM (#12151210)
IT companies would probably pay 100k on paper and ask 40k back from their employees. Laws like this don't stop companies who abuse the system.