Yes, this is the way to go.
Trump to impose $100k fee for H-1B worker visas, White House says
201–210 of 1001 posts
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#202Here's what I propose:
1) All countries are free to come up with as strict or as loose immigration/tourist visa requirements as they like.
2) Companies can source remote labor from anywhere with zero government overhead.
3) Companies cannot source physical labor from abroad.
4) Reform local housing laws so that housing is not used for speculation/tied to employment.
Then communities can finally be communities, work can be work, and tourism can be tourism.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#203As a side effect, this could reduce the pipeline of foreign students coming in on F1 with plans to transition to a work visa over time. F1 -> OPT -> H1 bridge is way more expensive now. Universities are bound to lose a ton of money due to this. Those outside of the top 50 will likely get hammered.
Yes, 100%. Also, many universities will find it impossible to recruit new faculty as most Ph.D. students are international students who end up working in American universities.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#204Earlier 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.
It definitely suppresses TECH worker pay and decreases mobility. For the H1B they become indentured servants often working 60+ hrs a week.
H1B holders are paid less for the same job, keeping wages down.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#205I 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…
This is so absolutely fundamental to US strategic advantage.
A huge reason we have so many unicorns is because doing business and scaling in the US is easier than EU or other places.
A huge part of why the Manhattan Project was successful was also because of substantial brain drain from Europe. I think Scott Galloway wrote about this or may have popularized it.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#206Sorry, is this legal? Like is the fee something that can be changed with an EO, or is it set by congress? The original Bloomberg article doesn't state: https://archive.is/tpuut Some research (okay, okay, I used Claude) indicates that "In summary, while Congress provides the statutory authority and mandates certain specific fees, the specific amounts for most H1B fees are set through the regulatory process by DHS/USCI…
They have already torn up the constitution, this would be small potatoes.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#207This does not really goes with the employment at will clause. Companies would just stop hiring H1Bs. Even the signon bonus comes with some sort of payback requirements if some one leaves before certain duration.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#208Earlier quoted context omitted.
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…
Software developer salaries are still extremely high in the US. So I would doubt that this has had a huge effect.
This also impacts non-software tech: see recent layoffs statistics at Intel, what percentage are H1B and why aren't companies required to re-prove H1B necessity?
Can we just over-hire and claim we need H1Bs because we can't find enough talent to fill the rolls, then submit that we over-hired and lay off all the US talent? This seems to be a bit of what happens even if not intentionally.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#209IMO, 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.
This article implies the minimum will be tripled.
https://www.newsweek.com/h-1b-visa-change-proposal-2132484
EDIT: This is a proposal by 1 senator - not Trump.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#210Earlier 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…
I am skeptical that _that_ is what's hollowing the middle class in America, it's equally easy to point to income inequality for this. But you have your story you believe, I'm resigned that the die are already cast. It's kind of sad to see the accelerated downfall of your country.
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