It's such a hassle to get the H-1B visa: an employer-sponsored visa that allows most international students to work for up to six years in the US that fewer American companies are taking a chance on international MBA graduates.
Roughly 47% of large US companies said they plan to or are willing to hire international talent in 2018 —down from 55% that had such plans in 2017, a survey by the Graduate Management Admission Council (GMAC) shows.
In comparison, 65% of European employers plan to or are willing to hire international talent in 2018 compared to 64% in 2017.
The highly cited 2018 Corporate Recruiters Survey says employer plans to hire international business school graduates have “softened in 2018.”
NPR reported that following the Trump administration's executive order last spring encouraging employers to "hire American," the US Citizenship and Immigration Services has requested “further information” from a rising number of H-1B applicants, “lengthening their time of uncertainty” as they wait for word about whether they can stay and work in the US.
GMAC CEO Sangeet Chowfla acknowledged that the softening in the intent to hire foreign business school graduates in the US and Europe reflected prevailing “political and student mobility issues.”
“This dip in stated intent by US employers to hire international graduates is potentially a response to the changes – or potential changes – to visa and immigration regulations,” Graduate Management Admission CouncilCEO Sangeet Chowfla told “The PIE News.”
“Even though H1-B visa rules haven’t yet changed, there is a perception that they might change in the near future, and some employers may be waiting to see what will happen.”
“The jobs market in the US right now is robust, and companies are constantly having to evaluate their prospects and how best to fill their available roles with strong talent.”
Among US employers, 66 percent of technology companies and 63 percent of consulting firms plan to or are willing to hire international talent — the highest rates across industries.
About a quarter of US companies plan to place new hires in roles based in East and Southeast Asia (27%) and Central and South Asia (22%).
“We usually have job openings in the students' home country and expect them to start in their home country verses requiring sponsorship,” an employer told the GMAC survey.
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