H1 visa and getting paid by the hour

S

sandy77

Registered Users (C)
H1 visa and getting paid by the hour -- Please help!!

Hi,

A company is interested in transferring my H1 visa. They can either offer me $x per annum (which includes insurance, PTO). Or they are willing to offer me $y per hour.

1. Can a company transfer my visa if I am getting paid on an hourly basis (no benefits). Is it risky in anyway? Can they apply for GC later for a hourly employee?
2. An unrelated question. In general, which is more beneficial for the employee. Is it the annual salary or a hourly salary. I did a $y(hourly rate) * 160 * 12 and there's a 10k difference between that number and $x (annual salary)

Thanks
 
Last edited by a moderator:
Check how much your medical insurance per month under your employers group insurance. You multiply that by 12. If it's less than 4K difference, then annual salary is best option based on other factors like moving expenses.
 
Thanks for the reply. I dont quite understand. If the insurance per month is close to $200, for a year it would be $2400. So, If i buy insurance on my own, this is what I spend. I dont understand the part where you say if its less than 4k , go in for the annual salary.

satgym73 said:
Check how much your medical insurance per month under your employers group insurance. You multiply that by 12. If it's less than 4K difference, then annual salary is best option based on other factors like moving expenses.
Click to expand...
 
sandy77 said:
Hi,

A company is interested in transferring my H1 visa. They can either offer me $x per annum (which includes insurance, PTO). Or they are willing to offer me $y per hour.

1. Can a company transfer my visa if I am getting paid on an hourly basis (no benefits). Is it risky in anyway? Can they apply for GC later for a hourly employee?
it is possible.

2. An unrelated question. In general, which is more beneficial for the employee. Is it the annual salary or a hourly salary. I did a $y(hourly rate) * 160 * 12 and there's a 10k difference between that number and $x (annual salary)

considering the market situation now its better to opt for salary basis unless the hourly rate is based on percentage basis inwhich you get atleast 80% in W2 (should be in writing and the employer is willing to provide a copy of the contract with their vendors). its a very common practice for a consulting companies to give you 80/20 (80% for you and 20% for them). in addition they will deduct upto 10% from your 80% rate which is illegal per IRS and NOT right.

generally there are 2016 working hours per year assuming you are in the project entire year.
Thanks
Click to expand...
 
Thanks for the answer. I dont work for a consulting company. I work for a software company that gave me a choice between accepting an annual salary with benefits (insurance, paid time off of 2 weeks, 3 sick days, 10 general holidays) and an hourly salary without benefits.

I was wondering if there's an easy way to calculate how much the benefits are worth. I understand that it depends but an approximate value is what I am looking for.

Thanks

 
You must log in or register to reply here.
Top