H1B Visa: 3 Key Focus Areas for Indian IT Transformation
People Matters| People Matters - March 2017

US immigration reforms will accelerate changes in delivery models of Indian IT companies: Automation,Virtual and more of local talent.

H1B Visa: 3 Key Focus Areas for Indian IT Transformation

The High-Skilled Integrity and Fairness Act of 2017 introduced by California Congressman Zoe Lofgren that proposed the increase in the minimum salaries of H1B employees to $130,000 is part of the immigration reform effort of US President Trump to prioritize jobs for Americans. By raising the salary threshold, the Bill aims to narrow the gap between standard pay for an American tech employee and that of a foreign one.

The industry has vociferously voiced their arguments against this Bill and how it affect negatively the US Economy – from the short-term impact this policy will have (like the fact that higher cost of employment will ultimately mean higher cost of US companies buying IT services) to long-term impact (research reports that 20% of Fortune 500 companies were founded by immigrants and 50% of the US start-up ecosystem have an immigrant founder). However, this imminent change presents an opportunity for the Indian IT firms that have been under pressure for the last decade. Today, the Industry is ripe for disruption — on the one hand, traditional revenues have been declining, and while they still contribute 20% to the revenues, they depend highly on immigration legislation; on the other hand, the new revenue generated from digital, cloud and analytics products and services still represent a small percentage.

Bu hikaye People Matters dergisinin People Matters - March 2017 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye People Matters dergisinin People Matters - March 2017 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

PEOPLE MATTERS DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
How Digital Transformation Can Power The Great Reset
People Matters

How Digital Transformation Can Power The Great Reset

Technology has the potential to serve as the key enabler of change between digitalising administrative tasks and fostering human connections

time-read
4 dak  |
December 2022
The Crypto Meltdown Of 2022
People Matters

The Crypto Meltdown Of 2022

FTX implosion: A setback, but not the end for the crypto market

time-read
3 dak  |
December 2022
Govern Pre-IPO Unicorns to Create Value; Not Valuation
People Matters

Govern Pre-IPO Unicorns to Create Value; Not Valuation

Billion-dollar startups always make the headlines. But is there true value behind those eye-catching valuations? How can proper governance be implemented for these much-hyped companies?

time-read
4 dak  |
December 2022
On change and change management
People Matters

On change and change management

The best way to end the year, especially such a disrupted one as 2022, is by laying the groundwork for the year to come. Michelle Yong, Head of Resourcing at Shell, offers some insights on change management to bring us forward into 2023

time-read
5 dak  |
December 2022
The Great Reconnection: A paradigmatic moment for employers and employees
People Matters

The Great Reconnection: A paradigmatic moment for employers and employees

This year has not been a good one for employee retention. The Great Resignation, originally thought to be a US phenomenon, has emerged in Asia now. But is there a way to turn it into the Great Reconnection?

time-read
4 dak  |
December 2022
Lessons Managing in leadership: a global hybrid team
People Matters

Lessons Managing in leadership: a global hybrid team

What takeaways can we draw from the pandemic? Fatima Koning, Chief Commercial Officer at IWG, shares what the last five years have taught her about managing a global sales team across 120 markets in the hybrid model

time-read
5 dak  |
December 2022
Eight HR trends that we saw throughout 2022
People Matters

Eight HR trends that we saw throughout 2022

As companies manage their workforces in a dynamic era, HR departments have continually adapted and adjusted, and never more than this year as digital acceleration and workplace evolutions came together

time-read
5 dak  |
December 2022
One way to turn the tide of employee retention
People Matters

One way to turn the tide of employee retention

There's a surprising link between skill development opportunities and job satisfaction. Here are some ways of boosting skilling and thereby talent retention

time-read
3 dak  |
December 2022
A key focus for L&D going into 2023 should be business alignment
People Matters

A key focus for L&D going into 2023 should be business alignment

Venkat Subramaniam of Degreed believes that learning is core to business success and organisations need to invest in the right processes and technologies to adapt to continuous change

time-read
4 dak  |
December 2022
WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK
People Matters

WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK

BREAKING FREE FROM THE STEREOTYPES IN THE INSURANCE SECTOR, PAMELA THOMSON-HALL SHARES HER JOURNEY OF BEING A CHAMPION FOR WOMEN AND BRINGING ABOUT A CHANGE IN A MALE-DOMINATED INDUSTRY

time-read
9 dak  |
December 2022