Fortune 500 CEOs Use H-1B Visa Workers to Grow a Bonded-Labor Workforce
Article publisher:
Breitbart
Article date:
21 May 2020
Article category:
National News
Medium
Article Body:
Hundreds of thousands of Indian contract workers are tied to their U.S. employers for many years because U.S. companies have offered them green cards as payment for compliant labor, according to a new report by the Cato Institute.
“U.S. employers file far more petitions for Indians than the [green card] limits allow,” says the Cato report, titled “Backlog for Skilled Immigrants Tops 1 Million: Over 200,000 Indians Could Die of Old Age While Awaiting Green Cards.”
The Indian H-1B contract workers are usually hoping to get green cards after several years of labor. They know they must remain with their employers for many years to get the hugely valuable green cards...
The “indentured servants” term is also used by American managers.
“Indentured servitude [of H-1Bs] has become part of the American business culture, and it’s wrong, and it’s wrong right from the beginning,” said one former top-level research manager....
The employers get a compliant, stable workforce, apparently at a lower payroll cost.* ...
CAIRCO Notes
The objective of using H-1B high tech workers is not that they are paid substantially less than the American workers they displace. Rather, they are used to ratchet down wages paid to the remaining American workers.