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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

#181
post #85

I think there’s plenty of interesting debates to be had about immigration policy and its effects on the labor market, but one thing worth noting here is that the primary problem that damn near every other country on earth has isn’t immigration, it’s brain drain. A 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…

Shutting down H1Bs is extremely stupid because >50% of our unicorn founders are first generation immigrants that started out on the H1B. They are the greatest creators of jobs in the entire economy. Shutting down the H1B is a dark horse for the end of American success.

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

#182
post #85

I think there’s plenty of interesting debates to be had about immigration policy and its effects on the labor market, but one thing worth noting here is that the primary problem that damn near every other country on earth has isn’t immigration, it’s brain drain. A 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…

The top end of H1B has been great for America. In the last few decades, there has been growth of abuse of the program to get mid level talent at below market rates which really hurts the middle class in America. People need to understand that most reformists don't want to get rid of the truly exceptional immigration to the US. We need to limit the volume, especially the immigrants that are directly competing with a h…

Agreed, however the top end usually comes to US to do masters and then tries to get job using H1B. If this is where to be instated in this form, it almost precludes any fresh college graduates from getting a shot at this.

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

#183

Earlier quoted context omitted.

The top end of H1B has been great for America. In the last few decades, there has been growth of abuse of the program to get mid level talent at below market rates which really hurts the middle class in America. People need to understand that most reformists don't want to get rid of the truly exceptional immigration to the US. We need to limit the volume, especially the immigrants that are directly competing with a h…

The median pay of an H1B visa holder is $118k. The 25th percentile is $90k. This is from the government's official data: https://www.uscis.gov/sites/default/files/document/reports/O... Any suggestion that the program is dragging wages down instead of dragging wages up is not just misleading but factually wrong.

What's the median pay of big tech workers? I started at 150k 8 years ago as a new grad, for comparison.

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

#184
post #85

I think there’s plenty of interesting debates to be had about immigration policy and its effects on the labor market, but one thing worth noting here is that the primary problem that damn near every other country on earth has isn’t immigration, it’s brain drain. A 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…

One man's rising gas prices are another man's oil industry boom. The H1B process is unfair to engineers because it drives down their compensation in a way that doesn't affect nurses or welders. If immigration were completely irrespective of profession and based solely around whether the imported laborers get paid enough to contribute more than they receive in taxes/public services, nobody would have any standing to c…

If you look at the background of founders in tech you’ll soon realize that without immigration this entire industry would be a shadow of what it currently is; it’s not about the amount of compensation, it’s about whether there’s a job at all.

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

#186

IMO 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…

The last one is tricky because who is going to sponsor a worker at the price tag of 100k with no guarantee of performance. That is rife for abuse. You could get google to sponsor you and then hop to your friends startup on day one. 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…

[deleted]

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

#187

Earlier quoted context omitted.

The top end of H1B has been great for America. In the last few decades, there has been growth of abuse of the program to get mid level talent at below market rates which really hurts the middle class in America. People need to understand that most reformists don't want to get rid of the truly exceptional immigration to the US. We need to limit the volume, especially the immigrants that are directly competing with a h…

The median pay of an H1B visa holder is $118k. The 25th percentile is $90k. This is from the government's official data: https://www.uscis.gov/sites/default/files/document/reports/O... Any suggestion that the program is dragging wages down instead of dragging wages up is not just misleading but factually wrong.

your link says that those numbers are after some time spent in US, and initial payment is 75k for 25p and 94k for 50p.

Also, those numbers are bumped up by bigtech who doesn't discriminate by visa, so pays in bodyshops are even lower and tech salaries are way higher than that in US.

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

#188

Earlier quoted context omitted.

The top end of H1B has been great for America. In the last few decades, there has been growth of abuse of the program to get mid level talent at below market rates which really hurts the middle class in America. People need to understand that most reformists don't want to get rid of the truly exceptional immigration to the US. We need to limit the volume, especially the immigrants that are directly competing with a h…

The median pay of an H1B visa holder is $118k. The 25th percentile is $90k. This is from the government's official data: https://www.uscis.gov/sites/default/files/document/reports/O... Any suggestion that the program is dragging wages down instead of dragging wages up is not just misleading but factually wrong.

That tells us nothing without knowing the median pay of the jobs they're replacing.

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

#189
post #138
post #85

I think there’s plenty of interesting debates to be had about immigration policy and its effects on the labor market, but one thing worth noting here is that the primary problem that damn near every other country on earth has isn’t immigration, it’s brain drain. A 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…

I don't think it follows that preventing that brain drain would have lead to appreciably better outcomes for those countries. The real sucking factor for the united states is the second to none availability of capital to spend on R & D. If you keep the brains where they were raised, there is no mechanism for them to actually turn their ideas into fruition because there is little funding to support this either in priv…

> If you keep the brains where they were raised, there is no mechanism for them to actually turn their ideas into fruition because there is little funding to support this either in private or public sector.

In such a world, why wouldn't you see 1. foreign R&D companies, 2. indexed into a thriving foreign equities market, 3. gathering the interest of domestic investors who want to diversify beyond domestic investments, by 4. moving their money and/or investing in domestic proxy investments?

I say this as a Canadian whose managed mutual-fund holdings are apparently largely composed of foreign (mostly American) proxy equities — and who has met many Canadian-based VCs who don't do much investment into Canadian companies. If not for talent immigration, the American investment landscape would probably look similar!

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

#190
post #101

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.

The nurse that helped save your life at ER might be on H1B getting paid $80k a year.

Maybe more talented Americans would become nurses if the pay met the demand.
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