This Company Is Offering Highest H1B Salary: No, It Isn’t Facebook Or Tesla (Full List)
The Dice has put together a list of all the tech companies paying the highest average salaries to the highly coveted H-1B visa workers.
The information on salaries was acquired from the ‘H-1B Salary Database’, which indexes the Labor Condition Application (LCA) disclosure data from the United States Department of Labor (DOL).
The H-1B is a nonimmigrant visa that allows U.S. employers to petition for highly educated foreign professionals to temporarily work in ‘specialty occupations’ in the United States.
They mainly revolve around fields requiring technical expertise, like information technology, finance, accounting, architecture, engineering, mathematics, science, and medicine.
U.S. immigration law caps the total number of H-1B visas issued each fiscal year at 85,000.
While one may assume that technology giants like Google, Facebook or Oracle would employ H-1B workers at highest average salaries, the reality is not alike.
The analysis report shows that newer tech companies like Roku and Airbnb are among the most highly paying average salaries to tech experts employed on the H-1B visa.
List of Top 10 Tech Cos Paying the Highest Salaries to H-1B Workers
|Company||Average Salary Paid|
Why are Salary Compensation of Smaller Tech Cos More than Giants?
Netflix offers the highest salary package to distinguished H-1B visa workers in the tech space. The package is nowhere near that offered by traditional tech giants like Google or Facebook.
A major reason for this lies in the volume of H-1B visa workers hired by these companies.
Newer tech companies like Netflix and Airbnb apply for fewer H-1B visas compared to Google or Facebook.
Meanwhile, they use the visa to hire only a selected number of specialised and distinguished tech workers, and pay them extraordinary compensation, based upon their skills.
On the other hand, big tech companies apply for over thousands of H-1B workers per year for specialized roles. This naturally reduces their average salaries.
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