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Larsen & Toubro Infotech Hello Fishes,
Need few valuable suggestions on below situation.
One guy A joined as a fresher in Wipro for 3.5LPA(been 3 months around, no project allocated yet),
And then an offer was in pipeline with Y and finally received an offer with 5LPA and the role is related to cyber security.
Note: pf account is already created by wipro and Y is a good mnc though Any suggestions on how to handle this situation?
Thanks in advance
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Ideally before 20th March..As long as your new company puts in your entry into the lottery
Thanks! And if this doesn’t happen, how long do I need to wait?
Usually you'll hear back about the lottery result by the first week of April. So anytime after that should be fine.
However, last year they had a second lottery(around July) too due to so many layoffs due to covid. But I doubt they'll have it this year.
Thanks! No I’m in a business consulting role, but you can still take it haha
Pro
You’ll have until March to switch firms, the registration window last year was March 1 - 20th, most likely the same this year.
If selected, you’ll need to wait until Oct to transfer your h1b to the new employer.
Also, there's a loophole too. You could actually enter the lottery with the new employer too(along with the EY entry). But if you get picked for that one, you can only start working for them from the 1st of October.
Okay one last question - I am currently on OPT and will be working on OPT till October. So if I do get picked in the lottery, is it possible to work on my OPT with the new firm until October? Will this mean I give up on the H1B?
Pro
It depends on who applies for the h-1b.
If EY applies and it gets selected, you lose the h-1b if you leave before Oct.
If the new employer applies and gets selected you can move anytime before Oct.
H-1B status is effective Oct 1st.