You are right but this sort of news reporting is usually cover fire for the current administration and arbitrary functioning of USCICS. Even paying less is not a problem for visa holders as long as it is higher than the wage floors set by Labour department. I believe for H1b it is like 80K or so.
All companies I know pay less to visa holders for following reasons and even lesser if you are Indian or Chinese national.
- They have to spend resources worth $10K for visa transfer. It is higher for visa petition.
- they have to spend addtional $3k per year for renewals.
- Processing an EB2/EB3 petition costs around $30k for the company in resources.
I think it is unfair to even expect that Cisco must match penny to penny the salary.
All companies I know pay less to visa holders for following reasons and even lesser if you are Indian or Chinese national.
- They have to spend resources worth $10K for visa transfer. It is higher for visa petition. - they have to spend addtional $3k per year for renewals. - Processing an EB2/EB3 petition costs around $30k for the company in resources.
I think it is unfair to even expect that Cisco must match penny to penny the salary.