Foreign tech workers will now be picked by salary, not lottery
What happened
The US government will change how it picks foreign workers for H-1B visas. Instead of a random lottery, it will prioritize workers who are offered higher salaries.
Why it matters
For years, companies used a lottery system to bring in foreign workers, often at entry-level wages. This change means companies will now compete for H-1B visas by offering higher pay, especially for more skilled roles. It shifts the incentive from simply getting a visa to attracting top talent with better compensation.
The signal
Watch whether the average salary for H-1B visa holders increases significantly in the next few years, and if companies start recruiting for more senior roles.