There has been a constant increase of H1B registrations year over year, below are some statistics
Year (FY) - Number of Registrations
FY 2020 - 201,000
FY 2021 - 275,000
FY 2022 - 308,613
We could expect a similar or more aggressive registrations as compared to previous years, this year could we see close to 350K registrations?
Over the course of Pandemic, many jobs are being added by employers in Technology, Semiconductor, Construction, Marketing, Healthcare Industry and others.
With excellent job market for STEM graduates and approaching H-1B registration dates, preplanning is needed for OPT students to find employers as soon as possible.
In order to quickly find a sponsoring employer, students from 150+ universities are using a powerful resume blast feature provided by DesiOPT.com. Using this feature OPT/CPT students can quickly gain visibility and get exposure with 2500+ employers and save time, hence finding the right job opportunity.
Students on F1 visa going through OPT/CPT/H1B phase have many unanswered questions related to Job Search, Career, Immigration rules etc. To quickly find answers, students are interacting at DesiOPT Forums and DesiOPT Facebook community of 170,000+ OPT/CPT students.
In Technology sector, with remote work opportunities, hiring has skyrocketed in STEM related fields. Amazon increased base salary cap up to $350,000. Apple surprised six figure bonuses, as high as $180,000.
Overall average tech salary averaged above 6 figures in 2021.
Newly hired MBA graduates in consulting firms are making anywhere from 160K to 330K and MBA graduates in Bank are making from 77K to 180K.
Semiconductor companies like TSMC, MU, Intel, Samsung and others are investing 100+ Billion dollars and creating thousands of STEM Jobs. Average salary is expected around 135K+.
Construction industry is seeing rapid growth and employers are seeking to fill Civil Engineering roles in their companies with talent that is foreign-born to sponsor H-1B.
F1 OPT students in STEM fields can get up to 3 years of work authorization, with opportunity to apply for H-1B up to 3-4 times. OPT students should certainly take advantage of registering for H-1B FY 2023.
DesiOPT.com is a Job Site Connecting Students with Employers. Job Seekers can Signup and blast resume to 2500+ consulting & corporate companies.
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