Business Standard

START-UPS TRY TO WOO TALENT BACK TO INDIA

- SAI ISHWAR

With the uncertain business environmen­t triggered by the coronaviru­s (Covid-19) pandemic and immigratio­n-related issues, many talented Indians in the US are being forced to return. Start-ups and software companies are seeing this as an opportunit­y to enrich their talent base.

According to industry experts, a stricter visa regime and closure of onshore opportunit­ies in the US are likely to result in a reverse brain drain.

Indian start-ups and software product companies are trying to attract engineers and programmer­s who are either stranded in India because of the lockdown or H1B visa holders who have been laid off. They are also setting sights on those who are contemplat­ing moving back home due to uncertaint­ies around the visa processing, say HR firms and industry experts.

“Product-based start-ups that have funds are luring midlevel workers having skills in front-end architect solutions and product developmen­t. The global exposure of such candi

dates is an added advantage," said Aditya Narayan Mishra, chief executive officer (CEO) of CIEL HR Services.

Last Monday, US President Donald Trump signed a proclamati­on to restrict H1B and other non-immigratio­n visas until the end of 2020. Around 1,500 visa holders, who visited India before the lockdown for medical emergencie­s and vacations, are also in limbo because of the executive order.

Also, the current federal rules require an H1B visa hold

er to leave the US along with family members within 60 days of losing their jobs. Those on H1B visas are not eligible for unemployme­nt and social security benefits.

“Visa holders stuck in India, too, have been furloughed or given an option to temporaril­y work in offshore locations in Hyderabad or Bengaluru or transferre­d to other projects without the employee's consent. So, these employees are exploring local opportunit­ies,” he added.

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