Earlier quoted context omitted.
> NYC and SFBA $130k Really ? Surely it can't be that expensive ?
This is complete hyperbole. $130k is considered a good salary in NYC.
Again, mostly due to eroded expectations over several decades.
New H1-B Visa bill doubles the salary requirements to $130K/yr
171–180 of 487 posts
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#172Earlier quoted context omitted.
I've commented on this before, at: https://news.ycombinator.com/item?id=13433540 I'm copying the comment below: --- I'm on an H-1B, and the thing that infuriates me about the dialogue on this is that they are effectively trying to ban skilled immigration, and exclude people like me from coming. If you don't qualify for the family-based or refugee route, employment-based immigration is the only viable pathway. The amo…
If you don't mind me asking, how did you get such an increase over 2.5 years? I find it surprising that $200k is possible 2.5 years out of undergrad. Are there any particular opportunities you made use of? I can communicate over mail, if that helps.
I received multiple discretionary ("spot") bonuses (all cash). My base salary was a lot lower -- which is the only thing the H-1B petition (and LCA) mentions.
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#173Earlier quoted context omitted.
It basically means that the only companies who are gonna be able to hire through H1Bs are the big cos or unicorns. It also means that there is an economic incentive at all levels to consider hiring Americans first. Which is the point.
Have you seen the article where Siemens tried hiring people for the new factory...and the majority of American people who showed up to apply couldn't even pass school level tests...? Educational system in usa is broken. THAT should be number one item to address for this administration. Instead they are playing smoke and mirrors game worth us diverting our attention from the real issues. P.s. it is convenient to have…
> Have you seen the article where Siemens tried hiring people for the new factory...and the majority of American people who showed up to apply couldn't even pass school level tests...?
Could of have also been Siemens trying to game the system. Oh look nobody local passed this test we gotta hire foreign workers who work for less money and avoid unions....then they fail to give the test to their foreign workers who might also fail the test.
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#174Sounds like this should have quite an impact on most of the companies that hire a lot of H1Bs. Out of the list below, only Apple is hitting that salary level with their average. (edit) http://www.myvisajobs.com/Reports/2016-H1B-Visa-Sponsor.aspx Also, damn, I knew TCS and Infosys were big, but I wasn't aware they were quite that big.
Fixed link: http://www.myvisajobs.com/Reports/2016-H1B-Visa-Sponsor.aspx The new bill will take "cash bonuses and similar compensation" into account. A rock bottom offer from FB/Google/... to new grads in the bay area is typically 160k.
I don't believe it. Maybe if you add up all the initial grants, but those vest over 4 years but I would bet a rock-bottom offer to a new grad is more like $120k/year or even $100k/year.
Still ample for an H1B (well, under other bills) but I suspect this will put significant upward pressure on salaries in the tech industry.
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#175This is a good but flawed move. In very high COL places like NYC and SFBA $130k is barely a living wage unless you can put up with a 2h commute. OTOH, in low COL markets (eg. KC) this eliminates H1-Bs from consideration for most entry-level positions. For many markets in the middle (an example doesn't come to mind, perhaps Los Angeles?) where $130k+ is a decent salary for an entry-level position this new minimum work…
Speaking as a New Yorker, $130k is not "barely a living wage", unless you have a really distorted definition of "living." You do not need to commute 2h for reasonable housing -- I lived in Brooklyn (which, for me, was a very comfortable 25m door-to-door commute), and was very happy there.
$130K is not barely livable.
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#176This is a good but flawed move. In very high COL places like NYC and SFBA $130k is barely a living wage unless you can put up with a 2h commute. OTOH, in low COL markets (eg. KC) this eliminates H1-Bs from consideration for most entry-level positions. For many markets in the middle (an example doesn't come to mind, perhaps Los Angeles?) where $130k+ is a decent salary for an entry-level position this new minimum work…
I lived in sf for < 130k a year at one point in my career. The majority of employee's in the energy sector / startups in the bay area also are making < 130k / year
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#177Earlier quoted context omitted.
I get the impression that this new bill is like putting lipstick on a pig which is the current system. I was hoping the amendments to the H1-B bill would be one of the silver linings of a Trump presidency, but I guess not anymore.
I've commented on this before, at: https://news.ycombinator.com/item?id=13433540 I'm copying the comment below: --- I'm on an H-1B, and the thing that infuriates me about the dialogue on this is that they are effectively trying to ban skilled immigration, and exclude people like me from coming. If you don't qualify for the family-based or refugee route, employment-based immigration is the only viable pathway. The amo…
The system has been good for you and I don't begrudge that. I'm happy for you. But besides its successes, the current system has fomented a fair bit of abuse of h1bs and suppressed American citizens wages... at least based on what I've seen as a longtime developer (working with h1bs and contractors at times) and job hunter. But it was put in place with the long-broken promise that it would not do that.
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#178This increase in salary is not for the H1-B workers benefit; rather, it's to make hiring them more expensive so American workers will be considered first--as they should be. I would support any law that REQUIRED American companies to hire Americans first and then consider foreigners ONLY if no qualified Americans can be found in the 50 US states. If America wants to do good by her workers, she needs to put Americans…
The reason top companies (FB, Google, major SV startups, etc.) exist primarily in the US is because the US is able to attract talent from all over the world. If these companies had never been able to hire the best people, there wouldn't now be the same companies hiring more Americans. They would simply exist in other countries, instead of the United States. By the way, I work at one of these companies and have had fr…
And FB, Google, and major SV startups are also paying more than 150k+ to their H1b employees. Especially for jobs in which they cannot find enough american's to fill.
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#179Well I think $130k/year is unfair for companies located outside of california, Newyork, MA, Chicago. I think this bill would benefit companies in those locations where cost of living is very high. What about a company in North Dakota or west Virginia. I don't think any company can afford 130k/year in these states, rather they will outsource their jobs(paying 30% tax). I think salary limit should be set based on the state and it should be set as-least 110k/year for other states where cost of living is very low. Well I think This bill is introduced by democrat to help his state.
Re: New H1-B Visa bill doubles the salary requirements to $130K/yr
#180Well I think $130k/year is unfair for companies located outside of california, Newyork, MA, Chicago. I think this bill would benefit companies in those locations where cost of living is very high. What about a company in North Dakota or west Virginia. I don't think any company can afford 130k/year in these states, rather they will outsource their jobs(paying 30% tax). I think salary limit should be set based on the state and it should be set as-least 110k/year for other states where cost of living is very low. Well I think This bill is introduced by democrat to help his state.