$5M is rounding error for any of the top 1000 corporations in America. Plus, it is a "business expense" directly deductible from profits. This is nothing for them. If they want to steal talent from a foreign competitor and hire an Executive with a salary of $1-2M per year and they expect to keep that person for 3-4 years rather than 1 year on a temporary work permit, the numbers may actually make sense. Corporations probably view the $5M as a "fringe benefit" (but not taxable for employee like some insurance) and a powerful recruiting tool.
I haven't heard of U.S. corporations seeking overseas business people. It seems it is only overseas tech people they want, and seemingly only because they can get them to work for less than U.S. citizens.
$5M is rounding error for any of the top 1000 corporations in America. Plus, it is a "business expense" directly deductible from profits. This is nothing for them. If they want to steal talent from a foreign competitor and hire an Executive with a salary of $1-2M per year and they expect to keep that person for 3-4 years rather than 1 year on a temporary work permit, the numbers may actually make sense. Corporations probably view the $5M as a "fringe benefit" (but not taxable for employee like some insurance) and a powerful recruiting tool.
I haven't heard of U.S. corporations seeking overseas business people. It seems it is only overseas tech people they want, and seemingly only because they can get them to work for less than U.S. citizens.