"President Donald Trump signed an executive order on Friday imposing the new fee for employers applying to the H-1B program, which temporarily allows them to hire foreign skilled workers for specialized jobs. The White House clarified on Saturday that the order, which takes effect at midnight on Sunday, only applies to new applicants. Data from the Department of Labor offers insights into which industries could get hit the hardest by the change and how much those roles typically pay."
"The pay range for workers with H-1B status can vary based on the specific job and field. Although employers don't report specific data about H-1B workers' salaries, the Department of Labor publishes the typical wage for roles held by H-1B workers. About 30% of H-1B workers make $100,000 or less each year, while only 10% make over $200,000, which means the additional fee would significantly impact the cost of hiring these workers."
An executive order institutes a $100,000 application fee for employers applying to the H-1B visa program and takes effect at midnight on Sunday for new applicants. Nearly half of H-1B applications are tied to professional, scientific, and technical services, and large firms such as Amazon filed thousands of applications in the last program year. Department of Labor data shows H-1B wages vary by role; about 30% of H-1B workers earn $100,000 or less and only 10% earn over $200,000, indicating the fee would raise labor costs significantly for many employers.
Read at Business Insider
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