Earlier quoted context omitted.
I worked for Best Buy. Entire teams fired but first had to train the Indian Accenture replacements. Entirely their right to fire us but don’t you dare say there is a “talent shortage.” There is definitely a talent shortage — of talent willing to work for $20/hour. In the jobs I’m seeing now, what used to be $65/hour jobs are now $48/hour. I remember making $90/hour a few years ago — now similar levels one would be ve…
There are 600k H1B holders in total in the USA so they're not taking as many jobs as you think they are. $40 per hour is the minimum requirement by law for H1B ( https://day1cpt.org/news/understanding-h-1b-minimum-salary-r... ) and also the average is $80 for H1B holders ( https://www.forbes.com/sites/stuartanderson/2023/06/05/immig... ) In FY 2021, 66% of approved H-1B beneficiaries earned a master’s degree or highe…
The big “consulting” body shops are doing the labor equivalent of dumping. Dumping is a WTO violation, but seemingly doesn’t apply to labor.
My post isn’t about Indians. It’s about Indian companies that exploit the H1B system to create a pipeline to offshoring. I saw it with my own eyes.
“Average Indian household income is 152k” — the average Indian in the U.S. isn’t an H1B worker. This isn’t about Indians — this is about Indian “skilled labor” that’s filing a “shortage.” Indians are highly represented in many highly paid careers in the U.S. and the vast majority of Indians in the U.S. aren’t working “$40/hour” tech jobs.
And, a tariff on H1B (and offshore team) wages shouldn’t hurt H1Bs right? If there is actually a shortage, companies would be glad to fill the position. So how would that harm H1Bs? If a tariff on H1Bs results in fewer H1Bs, then clearly the shortage was a myth.
With Best Buy, I was in those meetings. The decision to hire Accenture had zero to do with any “shortage,” but it was to boost the company’s diminishing profits due to the impact of Covid on the retail space. So this argument that we need H1Bs and offshoring because of some “shortage” is a complete lie. If you fire your workers, then that’s the opposite of a shortage. You had a surplus of workers — otherwise why are we firing people?