Sign-On Bonus Policy: Fill & Download for Free

No. The number of H1b visas offered per year is less than a rounding error in the total employment of people. Most of them go to engineering and IT. Worse, if we didn’t issue them, companies would just outsource the jobs to places that pay zero taxes. You honestly think that engineers and IT professionals are sitting without work?Oh, right. They are. Know why? Because they refuse to move. This is the US and jobs exist in certain parts of the country. I have two engineers in my family and one IT professional. The youngest engineer (nephew) moved to work for Cummins (NY) and was recruited out of college with a cushy sign-on bonus and a pay that would make your eyes pop out of your sockets. My cousin (the other engineer) refused to move away from northeast Ohio and had to work for Lighthouse Pools & More for a year before landing a job that was a two hour commute away. The IT pro joined the military.I work in staffing. Every single company I’ve ever recruited for (AT&T, Verizon, Progressive, Nationwide, Accenture, USSteel, Kroger, Target, Walmart, Key Bank, PNC Bank, Fifth-Third Bank, Exxon-Mobile, Lubrizol, Citi, Cleveland Clinic, University Hospitals Cleveland, Mayo Clinic, Rockwell Automation, GMC, Goodyear, the Defense Department, ManpowerGroup, amongst others) have all had a “US Citizen/Green Card first” policy. I spend MOST of my life in fits of frustration trying to explain to all of these companies’ managers why I can’t find a current legal resident of the US to work for them. Not “used to” but “right this very fucking moment.”The only catch that Americans won’t accept is that they have to move. People from other countries have no issue moving, Americans mostly (though not always) tend to want to stay where they’re at. Manpower Group has the most respected industry study on staffing. It’s pointed out repeatedly that there is a huge gap between the jobs that exist and the people that exist to staff them in the US.

amazon looks higher in first 2 years because of the crooked way in which they design their compensation:Year 1: Base pay + sign-onYear 2: Base pay + sign-onYear 3: Base Pay + RSUYear 4: Base Pay + RSUYou will observe that sign-on is 25-30% of base pay. No hike on that annually. RSUs vest at 5%, 15%, 40%, 40% in years 1, 2, 3, 4. Most leave in 2 years - so you won't get 80% of your RSUsAmazon designs compensation such that year 1, 2, 3, 4 are equal. So year 1, 2 look artificially highNet disadvantages of amazon compensation:a) actually lower than adobe. because at end of 2nd year when the sign-on disappers, the base pay would not be the same as CTC in first yearb) You don't get a hike on sign-on bonus if you go to a new companyc) RSUs are heavily market risk dependentIt is high time software industry engineers boycott bezos' cunning compensation policies - they pay less money than adobe and lot more companies and make it seem high through artificial sign-on

If you are Indian, this probably has to do with a provision of the US-Indian tax treaty that exempts Indian students from certain US taxes on income. You should consult with a tax accountant or tax attorney familiar with the relevant international tax policies in question to obtain an expert opinion on this matter, taking into consideration the specifics of your particular situation.