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.
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
#102Re: Trump to impose $100k fee for H-1B worker visas, White House says
#103IMO 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…
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#104Re: Trump to impose $100k fee for H-1B worker visas, White House says
#105IMO, 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.
Is it too complex to just look at the companies taxes and be like... "Hey you are paying H1B workers 25% less than their peers. You get hit with a fine". 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
#106While 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.
> Not startups. 100k is like 75% 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 thin…
I'm glad to hear this has been the environment you've worked in, but I don't believe it reflects the majority of skilled workers in the US on H1-B.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#107Re: Trump to impose $100k fee for H-1B worker visas, White House says
#108IMO 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…
It is reasonable that if you get a temporary visa to perform work in another country, and you decide you don't want to do that work anymore, you leave. They aren't enslaved or anything if the work is not worth it you can attempt to transfer your status to another employer or leave.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#109While 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.
> Not startups. 100k is like 75% 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 thin…
Don't have data on this but anecdotally the base salary range for most YC startup jobs advertised here is around 150k-200k based on what I see.
You are right that it does amortize if the employee stays long enough.