Saturday, March 7, 2009

H1B Limitation from Obama's Stimulus Package

Below is the link to an article from Columbia Business School talking about the new limitation on H1B from firms receiving TARP. If this is a clear policy, foreign MBA students will no longer be able to get H1B sponsorship from those banks who received TARP.

From my perspective, the protectionism is a short-term thing but will still affect the recent graduates. And I don't see the point to restrict firms hiring international students from top b-schools as their compensation is the same as domestic labors.

http://www4.gsb.columbia.edu/publicoffering/post?&top.title=Watchful+Waiting+for+H-1B+Visa+Hopefuls&main.id=68204&main.ctrl=contentmgr.list&main.view=bloga.detail

Some relevant articles from other websites.

http://online.wsj.com/article/SB123531113396541861.html?mod=googlenews_wsj

http://www.workforce.com/section/06/feature/26/20/13/

2 comments:

  1. BofA withdraws job offers to foreign MBAs
    http://www.ft.com/cms/s/0/aa648182-0c3d-11de-b87d-0000779fd2ac.html

    ReplyDelete

 
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