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H-1B Innovation

The H-1B visa program allows U.S. employers to hire temporary nonimmigrant workers for specialty occupations. Specialty occupations are defined as occupations requiring the application of a "body of highly... more +
The H-1B visa program allows U.S. employers to hire temporary nonimmigrant workers for specialty occupations. Specialty occupations are defined as occupations requiring the application of a "body of highly specialized knowledge and the attainment of at least a bachelor's degree or its equivalent." Examples of specialty occupations include chemistry, mathematics, engineering, medicine, and architecture, to name a few. Individuals may not apply for H-1B visas; they are distributed only through the approval of employer petitions. In order to protect U.S. workers from unfair competition resulting from the program, the rules require that employers pay nonimmigrant workers equivalent wages to similarly-situated U.S. workers or the industry's prevailing wage. H-1B visas are subject to a yearly cap which is currently set at 85,000.   less -
WilmerHale

In Case You Missed It: Launch Links - February, 2017

WilmerHale on

Some interesting links we found across the web this week: Why Was the Winter for Venture Capital Funding so Short? While we all thought winter was coming, it looks like VCs are already enjoying spring thanks to the...more

Jackson Lewis P.C.

Two International Entrepreneurs Start under New York’s International Innovators Visa Program

Jackson Lewis P.C. on

Understanding the scarcity of H-1B visas, early in 2016, the New York City Economic Development Corporation (NYCEDC), in partnership with the City University of New York (CUNY), launched the International Innovators...more

Mintz

TechConnect - Your Law Firm Link to Industry News - September 2016

Mintz on

Letter from the Editors - Dear Readers, The world of raising capital for emerging companies has experienced a revolution. Prior to the enactment of the JOBS Act in 2012, raising capital for private companies was...more

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