The H1B visa program allows skilled foreign workers to temporarily work in the United States, providing many companies with the opportunity to fill in the talent gap with capable professionals from around the world. H1B visa sponsorships can be incredibly competitive, as companies race to secure the best talent in the industry. In this article, we’ll take a look at the top H1B visa sponsors for the year 2023, along with rankings, insights, and key takeaways.
Top H1B Visa Sponsors for 2023
According to the United States Citizenship and Immigration Services (USCIS), the following companies are the top H1B visa sponsors for the year 2023:
- Tata Consultancy Services – 20,000 visas filed, 18,000 visas approved.
- Infosys Limited – 18,000 visas filed, 16,000 visas approved.
- Wipro Limited – 16,500 visas filed, 14,500 visas approved.
- HCL America Inc. – 12,900 visas filed, 11,500 visas approved.
- Accenture LLP – 10,500 visas filed, 9,000 visas approved.
Changes in Rankings for 2023
Compared to the previous year, there have been notable changes in the rankings of H1B visa sponsors. Tata Consultancy Services maintained its position as the top sponsor, while Infosys Limited moved up to second place from third. Accenture LLP moved up to the fifth place from seventh place in 2022.
On the other hand, IBM Corporation, which was ranked fourth last year, dropped to sixth place in 2023. The list also saw the entry of new companies that have not featured in the top five list in previous years.
Insights and Key Takeaways
Decrease in Number of Visas Approved
One notable trend in H1B visa sponsorships is the steady decrease in the number of visas approved. This has been a major concern for many companies that rely on foreign talent to fill the talent gap in the industry.
There are several reasons behind this trend, including government regulations and policies, an increase in the number of visa applications, and higher scrutiny of applications by the USCIS. Companies need to be aware of these concerns and ensure that they are applying for visa sponsorships in a timely and accurate manner.
Increase in Number of Visa Denials
Another trend that companies need to be aware of is the increase in the number of visa denials. The USCIS has been imposing stricter rules and regulations on H1B visa applications, resulting in more rejections. This trend can be attributed to a high volume of applications submitted by consulting companies and vendors, and increased scrutiny by the USCIS. Companies need to ensure that they provide accurate and detailed information on their applications to avoid rejection.
Trump Administration’s Proposed Changes
Recent developments in H1B visas include the Trump administration’s proposed changes to the visa program, which is aimed at giving priority to highly-skilled workers who have advanced degrees, rather than granting visas through a lottery system. This change could have a significant impact on how companies approach visa sponsorships in the coming years.
What is the H1B visa program?
The H1B visa program allows skilled foreign workers to temporarily work in the United States, providing companies with the opportunity to fill in the talent gap with capable professionals from around the world.
How do companies apply for H1B visas?
Companies need to apply for H1B visa sponsorships on behalf of their employees through the USCIS. They need to submit a detailed application that includes all relevant information about the applicant and the job they will be doing in the United States.
Why is the decrease in the number of visas approved a major concern for companies?
The decrease in the number of visas approved has been a major concern for companies that rely on foreign talent to fill the talent gap in the industry. It can result in companies being unable to find the right talent to fill their open positions, which can negatively impact their business operations.
What can companies do to improve their chances of getting their visa applications approved?
Companies need to ensure that they provide accurate and detailed information on their applications, including all required documents, in a timely and accurate manner. It can also be helpful to work with an immigration attorney who can provide guidance on the application process and ensure that all requirements are met.