Google Inc (NASDAQ:GOOGL) is spearheading efforts to have the H-1B visa program expanded as it has turned to be a success in the invention and development of new ideas especially in the tech space. The debate is already heating up in the U.S Senate even as Google and Facebook Inc (NASDAQ:FB) continue to be increasingly lucrative to both U.S citizens and Foreigners.
Salaries offered to H-1B holders is way overboard with big tech companies Amazon.com, Inc. (NASDAQ:AMZN) Facebook, Apple and Google leading with pay packages that are well over $100k. Facebook remains the most lucrative for H-1B holders with a median cap salary of $135k across all positions.
Some of the highly sought after professionals in Amazon, Google Inc (NASDAQ:GOOGL) and Facebook are software engineers, system software engineers and financial analysts due to the nature of operations in these companies. Computer analysts, as well as marketing managers, are also in high demand. Facebook still leads the pack in paying software engineers well with Amazon paying the least.
Facebook Inc (NASDAQ:FB) also pays the highest for financial analyst’s services 46% higher than the next median average, which is Microsoft. Amazon still lags the park followed by Apple while Google and Microsoft tie for the second spot.
There is no big difference between the company’s when it comes to H-1B salaries for computer systems analysts with Google appearing to be the most generous just above Apple Inc.(NASDAQ:AAPL). It is also worth noting that the search giant pays $23,100 more than the least generous. The computer systems analyst role is the only post that Facebook pays less when compared to its peers although it still beats Amazon.
Systems software engineers may need to avoid Microsoft as the company pays H-1B visa holders a median salary of $82, 828, which is 27% less than the second lowest Amazon. Marketing managers may also have to avoid Microsoft Corporation (NASDAQ:MSFT) as the company is not as lucrative as its peers paying 10% less than Amazon and Apple while Google and Facebook Inc (NASDAQ:FB) share the top spoils.
However, these companies might be paying well but not the highest when compared to other H-1B employers. More than 7,000 H-1B applicant walked away with salaries upwards of $200k from other employees a feat not attained by the big tech companies.
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