New H1-B Visa bill doubles the salary requirements to $130K/yr
timesofindia.indiatimes.com
New H1-B Visa bill doubles the salary requirements to $130K/yr
1–10 of 487 posts
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#2Hopefully the industry will reinvent itself and VCs fund more overseas startups.
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#3Hopefully the industry will reinvent itself and VCs fund more overseas startups.
If H1B salary restrictions are a big part of what you're doing as a small startup, there's probably more wrong than that. This move should be hitting large, established firms way, way harder
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#4so is this catching up or exceeding the rate of inflation? How was this salary number not tied to inflation or another index?
If anything it seems to me to be a benefit to those seeking employment who have real skills and ability.
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#5Hopefully this will free up some H1B visa space for small companies.
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#6[deleted]
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#7Color me surprised, I commented on many related threads recently but this sounds actually pretty good!
$130k is maybe a little high for seed stage startups but given that we're talking about relocating engineers to the most expensive region in the world, I believe it's fair. And the path from F-1 to Green Card will solve companies taking advantage of people on OPT status, at least partially.
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#8so is this catching up or exceeding the rate of inflation? How was this salary number not tied to inflation or another index? If anything it seems to me to be a benefit to those seeking employment who have real skills and ability.
$120k might be a starter's salary in the Bay Area but in, say, Rochester, NY, it's nothing to sneeze at.
I agree that indexing to inflation is probably necessary, but there are so many factors to inflation at a local level that it's hard to make a one size fits all
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#9so is this catching up or exceeding the rate of inflation? How was this salary number not tied to inflation or another index? If anything it seems to me to be a benefit to those seeking employment who have real skills and ability.
It's slightly more than inflation, but as it does not index to inflation it's going to quickly become meaningless.
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#10Color me surprised, I commented on many related threads recently but this sounds actually pretty good! $130k is maybe a little high for seed stage startups but given that we're talking about relocating engineers to the most expensive region in the world, I believe it's fair. And the path from F-1 to Green Card will solve companies taking advantage of people on OPT status, at least partially.
Thing is that the whole of US isn't Silicon Valley or Seattle. Startups in upcoming hubs like Portland and Boulder will suffer(sic) because the salary requirements are too high for them to satisfy given the living costs.
It basically means that the only companies who are gonna be able to hire through H1Bs are the big cos or unicorns.