The US Small Business Administration’s Office of Advocacy called for a delay in proposed wage hikes for H-1B visa holders and other visa holders in a letter to the US Department of Labor.
“Advocacy is concerned this interim final rule, which will cost employers over $198 billion over a 10-year period, according to DOL’s analysis, will have a disproportionate impact on small businesses,” according to the office.
Increased pay requirements would have a detrimental impact on small businesses, which cannot afford the increases and would lose out on skilled workers, according to the office.
Small businesses are already struggling under the Covid-19 crisis, the office noted. It called for a delay of the rule by a minimum of 30 days to receive comments from small businesses on the negative affects of the proposed rule.