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The Indian software services companies will breathe a sigh of relief as the Indian ministries, authorities and industry lobby had a dialogue with a visiting eight-member US delegation headed by Congressman Bob GoodLatte, on the ongoing concerns of H1-B visa holders.
The US has introduced the Lofgren Bill, which proposes the minimum wages being doubled to $130,000. The current H1-B minimum wage of $60,000 was fixed in 1989.
However, most H1-B visa holders get an average of $1,00,000, according to research and advisory firm, Greyhound Research.
To read the detailed research note on this topic by Greyhound Research, click here.
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