Risk Radar Newsflash | US H1B Visa Ban to Further Drive Offshoring
3 Jul 2020
by
Hrishi Raj Agarwalla
On June 22, 2020, the US government extended the temporary suspension of new work visas till end of this year. The order also effects changes in the H1B visa allotment process moving from a lottery-based system to one that considers skill set and the compensation being offered. Indian skilled professionals are the largest users of these visas accounting for ~75% of the total number of applications and similar number of approvals. In this Risk Radar, we evaluate the impact of this travel ban on service providers and enterprises/GBS organizations. We also analyze the future ramifications of this ban on service providers and enterprises/GBS organizations.
Click here for more information on our location and service provider risk tracking services.
In the past couple of years, Global Business Services (GBS) have experienced strong growth in the retail and Consumer Product Goods (CPG) space, with both new GBS setups and expansion of existing ones. GBS centers are currently supporting their enter…
