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Trump to impose $100k fee for H-1B worker visas, White House says

reuters.com

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Re: Trump to impose $100k fee for H-1B worker visas, White House says

#61

Post by cogman10 »

dbish wrote: post #45
cogman10 wrote: post #36

IMO, the fee is the wrong thing that needs adjusting. It's the salary that should be adjusted. The minimum salary for an H1B should be $200k. It's something like 50k right now which is ridiculous especially with all the restrictions an applicant is under. It both suppresses wages and abuses the worker.

Why not both?

Because I don't really want to penalize a company for bringing in foreign labor. If a company can't find someone for a specific job or role then I don't care if they go abroad to find that person.

What I care about is the current system isn't being used to find hard to find labor, it's used to bring in cheap labor in an abusive situation.

We as a nation are really better off if we bring in the best in the world to work here with a cushy salary.

Re: Trump to impose $100k fee for H-1B worker visas, White House says

#63

Post by jatins »

While the stated intention is to prevent abuse by consultancies, I think this effectively kills the H1B program. Who will be able to afford this?

Not startups. 100k is like 75% of base comp in most bay area startups

Among BigTech, maybe like ~20 companies will be willing to pay this per employee.

Re: Trump to impose $100k fee for H-1B worker visas, White House says

#66

Post by azemetre »

gowld wrote: post #41
breadwinner wrote: post #18

$25K annual fee per H1B worker as opposed to $100K one-time would have made more sense. It would have made even more sense to have employers compete (within their own sector, such as tech, aerospace, etc.) such that whoever offers the highest salary will get the H1B worker.

Why within a sector? make everyone compete, and we'll find if any local workers want the high paying jobs. The H1B count can be increased to cover jobs that locals don't want even at high salaries.

Because there are some H1B workers that come over as translators or other non-tech professions. Like if you need a translator that speaks Swahili for some NGO it's way easier to hire a native Swahili speaker than possibly finding a qualified American that also speaks Swahili.

I do find it interesting that these trillion dollar companies can't find domestic workers, at their level of wealth they should simply be forced to pay for the education of Americans to create a funnel of workers rather than exporting this societal need to other nations.

Re: Trump to impose $100k fee for H-1B worker visas, White House says

#67

Post by nine_k »

cogman10 wrote: post #36

IMO, the fee is the wrong thing that needs adjusting. It's the salary that should be adjusted. The minimum salary for an H1B should be $200k. It's something like 50k right now which is ridiculous especially with all the restrictions an applicant is under. It both suppresses wages and abuses the worker.

Can every industry pay $200k? I bet software, AI, or finance would be okay paying $200k, while e.g. hardware, aerospace, or biotech would have a harder time.

The idea of requiring a high salary is reasonable, but I'd make it rather e.g. 120% of the median salary in a particular industry.

Re: Trump to impose $100k fee for H-1B worker visas, White House says

#68

Post by secondcoming »

cogman10 wrote: post #36

IMO, the fee is the wrong thing that needs adjusting. It's the salary that should be adjusted. The minimum salary for an H1B should be $200k. It's something like 50k right now which is ridiculous especially with all the restrictions an applicant is under. It both suppresses wages and abuses the worker.

Having a $200k minimum salary will just see outsourcing to Asia / Eastern Europe.

Re: Trump to impose $100k fee for H-1B worker visas, White House says

#69

Post by ebiester »

mister_mort wrote: post #27

If this is truly per application, the companies that try to boost their chances with the lottery by creating multiple applications for the same person are going to get hit hard . Phantom companies that only exist on paper so people can tweak the probabilities are now liabilities. We'll see a rebalancing for sure.

In one sense they won't - it will reduce the queue enormously.

But you'll really need that person. It will also kill OPT in general.

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