Are Foreign IT Workers Cheaper? U.S. Visa Policies and Compensation of Information Technology Professionals
The use of H-1B and other work visas to hire foreign Information Technology (IT) professionals in the United States has attracted significant controversy and policy debates. On one hand, hiring high-skill foreign IT professionals on work visas can be advantageous for U.S. firms and the overall economy. On the other hand, high-skill immigration can adversely impact the wages of foreign and American IT professionals. This paper uses data on skills and compensation of more than 50,000 IT professionals in the United States over the period 2000 - 2005 to study patterns in compensation of foreign and American IT professionals to inform these debates.