Friday, September 30, 2011

US Recruitment Process


Job Specification Details

  Location
  Duration
  Rate
  Primary & Secondary Skills
  Start Date & End Date
  Job description
  Roles & responsibilities 
  Client

Details to be collected from the Consultant/ Candidates

  Availability ( Notice Period )
  Rate
  Willing to Relocate
  Visa Status
  Contact Number
  H1B Company
  H1B Contact person
  H1B Contact Number
  H1B Email ID
  H1B Address

How to Identify the Fake CV

  Official Email ID
  Reference from the current company i.e.   ( Project Manager )

What is Visa ?

Visa is an entry clearance certificate that placed in a travel or passport document, which gives you permission to enter into applied county.

Types of Visa

  Immigrant Visa
  Non immigrant Visa

Immigrant Visa

Immigrant Visa are for people who intend to live permanently in US
Types of Immigrant Visa
  
GC ( Green Card): An official document issued by the US.
Government to alliance them to work permanently in US

Non-immigrant VISA

Non immigrant Visa’s are for those people with permanent residence outside US but wish to be in US for a temporary basis – for tourism, medical treatment, business, temporary work or study.

  H1B : Work Permit: this is a work permit under the US immigration in which aliens can enter US for three years if they work in a specialized field and their employers cannot fill the position locally. The three years can also be extended to six years. Programmers and other technicians in the computer field enter the US under this status.
  H-4: Spouse and minor children of H-1, H-2 and H-3 visa holders
I Representative of foreign press, and their immediate families 
  L-1 Temporary intra/inter company transferee 
  L-2 Spouse and minor children of L-1 visa holder 
  B-1 Temporary business visitor 
  B-2 Temporary tourist visitors 

Tax Terms in US Recruitment

  1099: When a person is paid in the form of 1099, all money earned by the individual is paid on an untaxed basis. It is then the responsibility of the individual to file and pay the appropriate taxes.
  W2: When a person is paid in the form of W2, the employer automatically withholds and pays all of the necessary taxes as required. These taxes include Federal income Tax, State income Tax, Social security and Medicare Tax
  Corp to Corp is when a company pays another company for the services of individuals who do work for them. In this case, the individual is usually considered an employee of the company providing the workers.

Job Nature in the US Market

   There are two major types of placements in the US market.
  Permanent ( Full Time )
  Temporary ( Contract )

Why Companies use contractors

      Companies are using more and more contract for many reasons.
  Staffing Flexibility
  Get around budget constraints
  Need to keep the permanent Headcount down
  No hassles at the end of assignment
  Hire for a specific purpose or project
  Immediate Availability
  Try before you buy
  Lower costs
  Avoid office politics

Why Candidates work on Contract


In today’s competitive world contracting has become more and more prevalent among candidates. Common reasons why candidate wants to work on contracting are
  More Money- Earns 30% more
  Receive the same statutory benefits
  Evaluate the company before accepting permanent position
  Enhance resume
  Opportunity to travel
  Flexibility in Life Style
  Variety in work scope and environment

Job Portals for US Recruitment

  Dice
  Monster
  Netemps
  Hotjobs
  CareerBuilder
  Corp-Corp

Standard Time Zones of the USA

  Eastern Standard Time (EST; GMT−5; Zone R), which comprises roughly the states on the Atlantic coast plus some other areas away from both the Gulf of Mexico and the Mississippi River.
  Central Standard Time (CST; GMT−6; Zone S), which comprises roughly the states on the Mississippi River plus nearly a full state further west.
  Mountain Standard Time (MST; GMT−7; Zone T), which comprises roughly the states that include the Continental Divide and Rocky Mountains plus much of the Great Basin and the watershed of the Colorado River.
  Pacific Standard Time (PST; GMT−8; Zone U), which comprises roughly the states on the Pacific coast, plus Nevada.

Closure

  After sourcing the resume and discussing it with the consultant, the recruiter can go ahead and get his resume submitted to the Client.
  Once the resume is short listed, arrange for the interview with the client and if he is appointed then that adds up to a closure and the recruiter makes an incentive of it.

Tax Terms in US Recruitment



A W2 hire by a company is a direct permanent hire and W2 refers to the IT form that is filled out by the company and handed over to the employee when its time to file the taxes for the year.

A 1099 is also a an IT form like the W2 that is used by direct contractors - ie not by those who are going thru' consulting companies. The 1099 is given to the direct contractor by the company that uses his or her services.

C2C is basically the sub-contractor format of hire where a comp routes the hire thru' a consulting company and a retainer or a certain amount of money, often called the "contracted amt" , is given by the company to the consulting company. The consulting company would be paying its employee who works for the company, an amount after deducting taxes,its rate of profit for the contract and any other legal charges. Essentially, the employee is an employee of the consulting comp and he or she will get a W2 from the consulting company.

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