US govt ups minimum H-1B tech salaries to $208,000 a year
theregister.com
US govt ups minimum H-1B tech salaries to $208,000 a year
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Re: US govt ups minimum H-1B tech salaries to $208,000 a year
#2What are the implications of this should Trump be reelected tomorrow?
Re: US govt ups minimum H-1B tech salaries to $208,000 a year
#3Basically the administration turned the tables on Big Tech. They primarily import H1Bs to dilute the employment pool to let the market take care of wage depression. There is plenty of tech talent pipeline inside the country. Just look at the eager undergrads looking for employment and other US citizens looking to step into tech field via boot camps. Increasing the threshold for the wages to paid for “specialty occupation for which several attempts have been made to hire US Citizens” aka H1B makes the test true to the spirit of the law.
Re: US govt ups minimum H-1B tech salaries to $208,000 a year
#4Basically the administration turned the tables on Big Tech. They primarily import H1Bs to dilute the employment pool to let the market take care of wage depression. There is plenty of tech talent pipeline inside the country. Just look at the eager undergrads looking for employment and other US citizens looking to step into tech field via boot camps. Increasing the threshold for the wages to paid for “specialty occupa…
Adding additional context from the article. It primarily impacts Indian outsourcing companies registered as US companies such as Infosys, Cognizant, TCS, HCL, Tech Mahindra, Wipro etc. These companies have been gaming the system and making billions by underpaying their imported staff.
> An analysis [PDF] of the new rules by non-partisan National Foundation for American Policy noted that the H-1B wage minimums will require foreigners to be paid much more than American citizens on market rates. That's not a problem for the likes of Facebook and Apple, though it will be disastrous for organizations like Infosys, that import immigrant workers, as well as small and medium-sized businesses.
Re: US govt ups minimum H-1B tech salaries to $208,000 a year
#5What are the implications of this should Trump be reelected tomorrow?
I think you meant to say "Trump NOT be re-elected tomorrow". If Biden comes in would he cow-tow to the tech companies and undo this?
Re: US govt ups minimum H-1B tech salaries to $208,000 a year
#6Re: US govt ups minimum H-1B tech salaries to $208,000 a year
#7Basically the administration turned the tables on Big Tech. They primarily import H1Bs to dilute the employment pool to let the market take care of wage depression. There is plenty of tech talent pipeline inside the country. Just look at the eager undergrads looking for employment and other US citizens looking to step into tech field via boot camps. Increasing the threshold for the wages to paid for “specialty occupa…
Is there data or research to suggest H1B actively dilutes the talent pool? There’s no doubt the system is abused — not too long ago, I was at an oil and gas company who contracted out to a company that brought in H1Bs. Many of the guys spoke zero English and couldn’t write code at all. Yes - that kind of indefensible abusive. But how rampant is this stuff?
Re: US govt ups minimum H-1B tech salaries to $208,000 a year
#8It looks like this does nothing to mandate increase in pay of existing H1-B workers. Only new applicants are affected.
Re: US govt ups minimum H-1B tech salaries to $208,000 a year
#9What are the implications of this should Trump be reelected tomorrow?
I think you meant to say "Trump NOT be re-elected tomorrow". If Biden comes in would he cow-tow to the tech companies and undo this?
What makes you think the big tech companies didn't lobby for this? It conveniently kills many of the startups that can challenge big tech. It will continue no matter who's elected.
Re: US govt ups minimum H-1B tech salaries to $208,000 a year
#10Basically the administration turned the tables on Big Tech. They primarily import H1Bs to dilute the employment pool to let the market take care of wage depression. There is plenty of tech talent pipeline inside the country. Just look at the eager undergrads looking for employment and other US citizens looking to step into tech field via boot camps. Increasing the threshold for the wages to paid for “specialty occupa…
> Basically the administration turned the tables on Big Tech. They primarily import H1Bs to dilute the employment pool to let the market take care of wage depression.
Not really, Big Tech pays H1Bs competitive salaries (https://insights.dice.com/2020/05/19/google-apple-amazon-oth...). What this mostly affects is IT consulting firms like Tata and Infosys.