WINNING: Tech Companies May Increase Wages to Attract US Workers

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Silicon Valley tech companies may have to raise wages and salaries in order to attract high-skilled American workers in the age of President Donald Trump.

Data collected from more than 10,000 tech companies found that hiring of foreign workers in the industry had fallen 46 percent in the first quarter of 2017 and 37 percent in the second quarter, according to a report by the Financial Times.

“Hired” chief executive Mehul Patel says Silicon Valley may have to begin raising wages as U.S. tech companies begin to recruit and compete for more Americans than foreign nationals.

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