The 2020 H-1B Visa lottery applicants totaled over 200,000. With only 40,000 to 60,000 being selected, many worthy companies and applicants will have to gamble for another year that they will get selected in next year’s lottery. This is a big financial risk to companies. There is lots of uncertainty for the company and the employee. The proposed H-1B corporate purchase initiative being developed will create a positive change for the companies, the applicants and help fund STEM scholarships across America, creating future engineers and scientists.
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