3 ms·
It works like this: -- H1B minimum wage is $60,000 ( precisely $56,000 ). When my friends came over, they were getting $3000 a month wherein you were charging
by giis 10y ago
It works like this:
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H1B minimum wage is $60,000 ( precisely $56,000 ). When my friends came over, they were getting $3000 a month wherein you were charging clients like Bank of America over $6000 a month. Mind, this is just the profit Infosys makes out of one H1B employee.
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Indian IT companies made lot of profit with each employee. They will get X amount from US-client but pay only X/2 to employee in US (to outsourced employees its typically X/10). Thus now it affects the companies profit margins!