Distributed Teams Answer the Call to the H-1B Visa Issue
In an article by Nick Kolakowski entitled H-1B Visa Approvals Declining, Despite Critic Claims, it becomes evident that the US tech industry is now facing a significant challenge in regards to its competitiveness in a globalized marketplace.
US Tech Companies have thrived thanks to the immigration of highly skilled talent brought ashore due to the lack of qualified talent found within the US borders.
The reason for not being able to find this local talent is a broad topic and one that I rather not discuss in this article, but it always boils down to supply and demand.
These companies have high demand, and unfortunately, the US has not been able to develop the supply needed.
As if the issue was not big enough, the “Buy American and Hire American” executive order signed by Trump two years ago has caused chaos for many in the tech industry due to the restrictions implemented as a result of this order.
The approval rate of the H-1B Visa has dipped from 96.3% in 2016 to 75.4 in 2018 which means that the supply of talent has been reduced drastically and made it more costly to hire the right people.
So how do Distributed Teams answer the call?
- Distributed teams are not bound by borders, which means that immigration restrictions do not limit their reach.
- Distributed teams allow tech companies to expand their horizon into a global talent pool that will enable them to not only stay competitive but further become more efficient in their resource utilization.
- The utilization of distributed teams is what has allowed TechAID to be competitive and provide the best talent to their clients. So as immigration debates continue to grow not only in the USA but also in other parts of the world, distributed teams will continue to strengthen their appeal to companies that want to stay competitive in this globalized market in which we live.
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