The labor shortage has gotten so bad that companies are now offering immigration benefit services to foreign workers. The Wall Street Journal is reporting that companies like Amazon, Tyson and Noodles & Co. are evolving their benefits to include reimbursement for immigration expenses such as green card fees.
From the WSJ:
Workers at 40 Tyson plants around the U.S. now have routine access to free legal services for everything from work-authorization renewals to green card and citizenship applications. Employees who are becoming citizens are eligible to have their legal and filing fees covered. Citizenship-application filing fees cost $725, according to U.S. Citizenship and Immigration Services, the federal agency that processes such applications.
WSJ.com
We recently wrote about Indiana’s plan to bring in more immigrant labor so it seems the direction companies are heading to fill the huge void in labor is to pursue foreign workers and both political parties seem to be onboard with the plan.
The only thing left to do is to look for investment opportunities in this changing labor landscape. We’ll be on the look out but in the meantime, stay tuned and stay solvent…