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L-1 visas: big loophole for foreign workers
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"With the travails of the high-tech industry and the jump in IT unemployment, fewer U.S. companies can tap the H-1B program these days by saying qualified Americans aren't available. At the same time, many employers looking to slash costs have discovered that they can use firms that hire L-1s to dump high-paid Americans in favor of cheaper workers from abroad. "
This type of visa is already widely used now in the tech industry, and obviously would be very useful in the healthcare industry as well. The full article "A Loophole as Big as a Mainframe" appears in the March 10, 2003 issue of Business Week.
The H-1B visa, which we are most used to, requires employers to pay the foreign worker at the prevailing US rate, while the L-1 visa does NOT require that.
Since it is copyrighted, I don't include the full article here. Those who subscribe can find it easily enough on the BW website, however, those who don't subscribe can't access it there. Try your local newstand or your local library for what is likely to be the next big thing in healthcare staffing--agency staffing with foreign nurses at MUCH LOWER costs than regular employees.