US companies save nearly $100,000 per H-1B hire as workers earn 16% less: Here’s why demand stays high
US companies save nearly $100,000 in payroll costs for each H-1B worker over six years, according to a National Bureau of Economic Research study cited by Newsweek. Analysing more than 340,000 hires between 2021 and 2024, researchers found H-1B employees earn 16% less than comparable US workers after adjustments. The report says strong employer demand persists despite limited visa slots and suggests significantly higher fees would not reduce hiring levels.
US companies save nearly $100,000 in payroll costs for each H-1B worker over six years, according to a National Bureau of Economic Research study cited by Newsweek. Analysing more than 340,000 hires between 2021 and 2024, researchers found H-1B employees earn 16% less than comparable US workers after adjustments. The report says strong employer demand persists despite limited visa slots and suggests significantly higher fees would not reduce hiring levels.
