It was already hard to explain why expats help the goal of cost reduction. Now we have to reduce more people to pay their way.
After this deadline, individuals cannot enter the U.S. on H-1B status without an additional $100,000 payment associated with their petition.
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This does not make sense.
The company message machine keeps telling me we need to cut costs.
The new org chart shows several NEW expats. Is that saving money?
Nope! now we have to reduce the workforce even more to pay for all of the expat cars and house allowances.
Nothing against the expats, but this should not be the time to add more.
It's not the H-1B taking jobs, it's the push to cloud applications where they think they need fewer people for support because it's supposed to be provided from the app vendor and second it's the push for outsourcing jobs by managed providers. Cheaper labor.
@ht Agreed with you. Either way people are still losing jobs. Stops hating the expats. At least, they’re there sit beside you, pay taxes, and bring something to local economy. When the jobs shipped overseas, those people won’t bring anything back to you.
At the end of the day, companies only focus on the bottom line, regardless of who does the work or where the work is done.
Chevron employee here. I'd trade what we are doing for what you are doing. We are shipping jobs overseas. You guys are importing jobs and paying a premium.
@ge oh, is Trump focused on COP? Totally missed that, my bad.
@cf they are referring to COP and no, white people are not the minority in COP Houston.
@g4 you seem really intelligent here yourself. Go away.
H1Bs are 0.5% of COPs workforce and same porportion of US STEM workforce but everybody is convinced they dont have a job because of them.
Most of H1b at oil companies are here on training. The problem is that they displace American workers who should be hired instead of these people from other countries. US Oil companies do not stand for anything that supports the people of the United States. Don’t believe their commercials that say they are working toward a better America. They are not.
@c2 domestic talent isn't 2nd rate. It's just more expensive. Also, newsflash, white people are a minority in Houston.
Forcing companies to settle for 2nd rate domestic talent when the best candidate is from China or India. Is this merit-based hiring?
Sounds like Trump is giving hiring preference to white people, the new “DEI Hires.”
@bh Good point. COP has a really complicated scheme that they implement through HR and KPMG taxation that you’re basically making the same money in equivalent home currency so COP expats aren’t really rolling in it. It’s a good opportunity for exposure in a different operating environment and that’s about it. And it works both ways since there are probably more US expats overseas than the other way round because “hi pots.”
Expats are likely on L1 visas, not H1B
@az https://www.foxnews.com/politics/gop-senator-drops-hammer-companies-shipping-jobs-overseas-crucial-bill
There should also be a tax for every job companies send out of the US to places like India. If the company is in the US and sends work out of the country they should pay tax on every single job outsourced out of the country.