The tightening and increasing cost of H-1B visa policies in the United States are compelling most of the technology firms to review their staffing strategies. With the visa related issues still rising, companies are considering offshore and nearshore employment models to keep business operational, lessen reliance on the hiring model based in the US and keep access to professional talent.
India is becoming one of the leading offshore recruitment destinations and the US based technology companies are increasingly demanding offshore software, IT services, data and new technology development. This change is being driven by the presence of skilled talent, economical nature and capacity to facilitate global delivery models.
Key Highlights:
- The US technology firms are moving towards offshore and nearshore staffing policies.
- The increased cost of H-1B visa and the increased regulatory burden is affecting the hiring.
- The employers in the US are increasing their demand in India.
- Offshore recruitment embraces the global workforce models, remote, and hybrid.
- Business firms enjoy expedited recruitment periods and flexibility.
This move represents a changing global recruiting environment in which companies are putting more consideration on scalability of the workforce, risk management, as well as long-term talent availability by establishing offshore and nearshore recruiting models.