February 11, 2005
Change in Federal Law Increases Cost of Hiring Foreign Workers
The cost to colleges of hiring foreign faculty members, researchers, and medical residents is about to go up, thanks to recent revisions in immigration law.
The changes, which go into effect on March 8, will require college employers to pay all foreign workers holding H-1B visas 100 percent of either the actual or the prevailing wage for their jobs -- instead of the current 95 percent -- and will impose a new $500 "antifraud fee" on institutions for each petition for an H-1B
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