Among the top 10 companies having H-1B visa petitions approved for fiscal 2007 are eight Indian firms and two U.S. companies, Microsoft and Intel. By Marianne Kolbasuk McGee
InformationWeek
April 2, 2008 02:54 PM
Thousands of employers are scrambling this week to file H-1B visa petitions in hopes that the U.S. government will approve their applications to hire foreign tech workers in fiscal 2009. InformationWeek analyzed the list of companies that had their H-1B visa applications approved last year and the number of approvals they got.
Among the top 10 companies having H-1B visa petitions approved by U.S. Citizenship and Immigration Services for fiscal 2007 (which started Oct. 1, 2006) are eight Indian firms -- with Infosys ranked at No. 1 with 4,559 visas -- and two U.S.-based companies, Microsoft (NSDQ: MSFT) and Intel (NSDQ: INTC), having a combined 1,328 visa petitions approved. In total, the top 10 companies had 12,876 H-1B visa petitions approved.
Despite the annual cap of 65,000 H-1B visas that are generally available and the additional 20,000 exempt visas for foreign-born students with advanced degrees from U.S. schools, there were a total of 126,219 H-1B visa petitions approved in fiscal 2007 by USCIS.
Those additional 41,219 H-1B visas petitions approved included three-year extensions for companies seeking H-1B visa renewals, as well as two categories of employers exempt from caps -- nonprofit organizations and institutes of higher learning, said a USCIS spokesman in an interview.
"So, while there's lots of discussion about the 85,000 cap, in reality the total number of H-1B visa petitions approved is higher," the spokesman said. http://www.informationweek.com/news/management/showArticle.jhtml?articleID=207001329