Trump to impose $100k fee for H-1B worker visas, White House says
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Re: Trump to impose $100k fee for H-1B worker visas, White House says
#82IMO, 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.
If you can't find somebody skilled enough here to work for 200k or less, then you should probably be paying 200k or more since you're looking for a role that is niche and low supply.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#83Re: Trump to impose $100k fee for H-1B worker visas, White House says
#84Boy, that's going to be a popular rule. I'll bet K Street is getting their engines gassed and greased for this. I'm deeply unhappy about H1B abuse. I've watched it happen, in front of me. It's definitely a real thing. But I also worry about the legit folks, that want to take advantage of it.
However, when used by people that we (theoretical, rational economic actors) actually want here… those truly exceptional people who may not look exceptional on paper… Well, getting those people here has been one of the magical things about the United States of America, so far.
Messing with that is dangerous. It needs to be done, but it needs to be done very surgically.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#85A core strategic strength of the US over the last century has been that everyone with any talent wants to come here to work, and by and large we’ve let them do so. You can argue how well that’s worked out for us - having worked with a great many extremely talented H1bs in an industry largely built by immigrants, I’d consider it pretty positive - but it damn sure hasn’t worked out well for the countries those talented folks came from.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#86If 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.
This was already addressed by changing the odds to be per unique candidate, not application, thereby reducing the incentive to game it. More context here: https://www.uscis.gov/newsroom/news-releases/uscis-announces...
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#87While 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.
I dont know of a single person here on a visa making less than 150k salary. They get the same stock, bonus and benefits that every one else gets.... it's well over 300k to have that staff member when all is said and done.
You're not adding on 100k a year, you're adding on 100k for a 3-6 year employee.
Even if that works out to 20k a year, it's pocket change in the grand scheme of things.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#88IMO, 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.
If you couldn't undercut H1B salaries there is little incentive to use them except for their desired purpose (you can't find any local workers).
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#89IMO the problem is that H1B employees are stuck at the employer for the duration of their green card process, and so end up both paid lower and unable to escape abuse. I think a very high application fee is actually part of a good solution, but is useless by itself. A flawed proposal: * Dispense with the 'need to search for a qualified American' which just complicates the process without achieving the stated goal, an…
You almost had me there.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#90IMO the problem is that H1B employees are stuck at the employer for the duration of their green card process, and so end up both paid lower and unable to escape abuse. I think a very high application fee is actually part of a good solution, but is useless by itself. A flawed proposal: * Dispense with the 'need to search for a qualified American' which just complicates the process without achieving the stated goal, an…