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I own a company that specializes in hiring H1Bs and placing them into contract roles. The data doesn't look very accurate. For one thing, this data doesn't ap

I own a company that specializes in hiring H1Bs and placing them into contract roles. The data doesn't look very accurate. For one thing, this data doesn't appear to represent what companies pay. I usually get bill rates up around $100/hr to $150/hr depending on skill and location. Like New York has higher cost of living than Michigan so I can often pull a higher bill rate. The payout to the H1B is works out to be $60K to $80K. An Oracle DBA working in New York will make about $80K which is roughly $38/hour and the company easily pays $125/hour for 6 month contract. I have some overhead but it's usually a one time fee such as transferring H1B from one company to mine, legal paper work to renew, attain, and transfer H1Bs runs me about $500/piece.

lawnchair_larry 12y ago
So you're one of the companies giving H1-B a bad name by abusing it for cheap labor and taking money out of the foreigner's pockets then?
- gutnor 12y ago
  Presumably he also offers the applicant some sort of stability ? Without a middleman, the H1B holder is very tied to its employer and has a difficult time changing job or bouncing back after being laid off. A middleman could smooth that out, by keeping the employee a bit longer on the payroll until they find another contract. I know people using those kind of services in the UK. Also if you are a permanent employee with good benefits, getting a quarter of what your company sell you for is not bad. Anyway, that's a lot of "if", I agree.
  - emcrazyone 12y ago
    very true. I offer a lot of benefits over other similar companies. Many times I am involved in moving a contract because I will give more of the bill rate. I also offer a family package. You would not believe how many H1Bs I get that want to leave their L1 status because they want to move for various reasons. Marriage being the one I get the most. When a contract ends, I will put H1Bs on internal work for as long as I can but the liquidity of this area is such that I hardly go past a month or two for any given candidate.
- emcrazyone 12y ago
  maybe. I like to think we suck less than other H1Bs by providing more perks. It's a dog-eat-dog world my friend and in the US, you have a choice. If you don't like it, stay in your native land then is all I can say. Don't blame us for leveraging what is legal and allowed by economics. I do this part time through an entity I setup with a partner who is from India. He recently returned to India so we could open a site there where we can off shore work. Pumping work into those areas seems like a good thing to me. In addition, the Indian government gives free land if we open offices and/or buy buildings there too.

lawnchair_larry 12y ago

So you're one of the companies giving H1-B a bad name by abusing it for cheap labor and taking money out of the foreigner's pockets then?

gutnor 12y ago
Presumably he also offers the applicant some sort of stability ? Without a middleman, the H1B holder is very tied to its employer and has a difficult time changing job or bouncing back after being laid off. A middleman could smooth that out, by keeping the employee a bit longer on the payroll until they find another contract. I know people using those kind of services in the UK. Also if you are a permanent employee with good benefits, getting a quarter of what your company sell you for is not bad. Anyway, that's a lot of "if", I agree.
- emcrazyone 12y ago
  very true. I offer a lot of benefits over other similar companies. Many times I am involved in moving a contract because I will give more of the bill rate. I also offer a family package. You would not believe how many H1Bs I get that want to leave their L1 status because they want to move for various reasons. Marriage being the one I get the most. When a contract ends, I will put H1Bs on internal work for as long as I can but the liquidity of this area is such that I hardly go past a month or two for any given candidate.
emcrazyone 12y ago
maybe. I like to think we suck less than other H1Bs by providing more perks. It's a dog-eat-dog world my friend and in the US, you have a choice. If you don't like it, stay in your native land then is all I can say. Don't blame us for leveraging what is legal and allowed by economics. I do this part time through an entity I setup with a partner who is from India. He recently returned to India so we could open a site there where we can off shore work. Pumping work into those areas seems like a good thing to me. In addition, the Indian government gives free land if we open offices and/or buy buildings there too.