"In the week since the Trump administration's decision to slap a $100,000 fee on new H-1B applications, I've chatted with many HR leaders, C-suite executives and lawyers to get their take on it, and there's one word to sum up their feelings: confusion. That was the first word out of the mouth of Jyoti Bansal, CEO and founder of Harness, a $5 billion intelligent software delivery platform."
"We created maybe 4,000 jobs in the U.S. in building these businesses, and I hope that we don't stop that," he said. The additional hurdle for H-1B visas-a category for high-skilled workers that many tech companies rely upon-could undermine America's ability to attract top tech talent, Bansal explained. "There's a race going on with AI and so many things," he said. "If you don't send the right signals, that definitely creates a problem."
The Trump administration imposed a $100,000 fee on new H-1B applications, prompting confusion among HR leaders, executives, and immigration lawyers. Tech executives warned that the fee could undermine America's ability to attract top international tech talent and hinder job creation, citing personal immigrant success stories and the role of H-1Bs in building companies. Employers view H-1Bs as a retention tool because visas are tied to specific employers, complicating employee moves. Some companies are evaluating whether to pay the fee for critical hires, relocate segments of their workforce abroad, or pursue alternative immigration strategies amid a significant U.S. talent shortage.
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