The landscape of H-1B visa sponsorship in 2024 reveals interesting shifts in the tech industry's approach to international talent acquisition. As companies navigate the complex terrain of immigration policies and workforce needs, the latest data provides valuable insights into the largest H1B visa sponsors and companies with the most H1B approvals in 2024.
Top 10 H-1B Visa Sponsors by LCAs Filed
- Amazon.Com Services (13,205 LCAs)
- Cognizant Technology Solutions (13,077 LCAs)
- Ernst Young (11,113 LCAs)
- Google (9,919 LCAs)
- Tata Consultancy Services (8,541 LCAs)
- Microsoft (7,819 LCAs)
- Infosys (7,804 LCAs)
- Apple (4,088 LCAs)
- Meta Platforms (4,083 LCAs)
- Qualcomm (3,716 LCAs)
This list showcases the tech giants and consulting firms that continue to be at the forefront of H-1B visa sponsorship. Amazon leads the pack, demonstrating its ongoing commitment to international talent despite recent industry-wide layoffs.
Tech Companies Dominate H-1B Sponsorship
The H-1B visa approval data for 2024 clearly indicates that tech companies remain the primary drivers of skilled foreign worker recruitment. Giants like Google, Microsoft, and Apple not only rank high in the number of LCAs filed but also offer some of the highest average salaries to H-1B workers.
IT Firms and H-1B Sponsorship
Indian IT services companies continue to be major players in H-1B visa sponsorship. Tata Consultancy Services (TCS) and Infosys rank 5th and 7th respectively, showing their sustained reliance on the H-1B program for their U.S. operations.
H-1B Visa Trends 2024
While the top sponsors remain relatively consistent with previous years, there are notable trends in the 2024 data:
- Increased competition for visas among tech companies
- Higher average salaries offered by top sponsors
- Diversification of sponsoring industries beyond tech and IT
Major Employers and H-1B Visas
Beyond the tech sector, other major employers sponsoring H-1B visas include:
- Ernst Young (3rd place with 11,113 LCAs)
- J.P. Morgan Chase (16th place with 3,504 LCAs)
- Walmart Associates (17th place with 3,200 LCAs)
This diversity reflects the broad appeal of the H-1B program across various industries seeking specialized talent.
H-1B Sponsorship by Industry
While tech dominates, other industries are also significant H-1B sponsors:
- Consulting: Ernst Young, Deloitte Consulting
- Finance: J.P. Morgan Chase, Goldman Sachs
- Retail: Walmart Associates
- Healthcare: Not in top 50, but still a significant sponsor
FAQs About H-1B Visa Sponsorship in 2024
Q: Which company sponsored the most H-1B visas in 2024? A: Amazon.Com Services led with 13,205 Labor Condition Applications (LCAs) filed.
Q: What is the average salary for H-1B visa holders at top tech companies? A: At companies like Meta Platforms and Apple, average salaries exceed $190,000 per year.
Q: Are there any notable changes in H-1B sponsorship trends for 2024? A: Yes, there's an increased focus on higher-paying positions and a slight diversification in sponsoring industries.
Q: How do Indian IT firms rank in H-1B sponsorship for 2024? A: TCS and Infosys remain in the top 10, ranking 5th and 7th respectively.
Q: What industries beyond tech are significant H-1B sponsors? A: Consulting, finance, and retail industries also feature prominently among top H-1B sponsors.