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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

#231

Post by aianus »

Calc13 wrote: post #182
jpadkins wrote: post #123

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…

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.

$100k signing bonus and $150k salary was normal for fresh grads back in 2014, pretty sure big tech can afford this no problem for actual talent.

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

#233

Post by jonny_eh »

gorbachev wrote: post #221
frogblast wrote: post #80

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…

> 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. This is not true. Transferring your H1-B to another employer is entirely possible, the new employer will have to file the application as usual, but the application is not subject to the annual H1-B quotas. At least this was the way it was several yea…

Would they now have to also pay the $1k fee for a "transfer"? AFAIK, it's considered a new application, but as you stated, its excluded from the quota/lottery.

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

#234

Post by CobrastanJorji »

mooreds wrote: post #169

Sorry, 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…

Ya gotta admit, $100,000 per person will definitely ensure recovery of the full costs of providing all such services.

I imagine there's a very good argument that the fee is intentionally excessive, and I also imagine that the Supreme Court will decide after a lengthy court battle that the President is due extensive deference in this.

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

#235

Post by nothercastle »

legitster wrote: post #152
jpadkins wrote: post #123

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.

You aren’t accounting for hours worked. Your H1B are probably putting in 30-50% more hours and with put up with any bullshit you dish out.

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

#236

Post by aianus »

ericmay wrote: post #199
davidw wrote: post #176

Earlier quoted context omitted.

As always, so much zero-sum thinking in all these discussions. Often, the person may not have been as productive, happy, or well compensated in their own country. Also, over time, some of those people make money in the US and take that, their knowledge and skills and go back home to share there. Everyone is better off. I was discussing this elsewhere, and dug up something I wrote 11 years ago, and I think I'm still p…

> Also, over time, some of those people make money in the US and take that, their knowledge and skills and go back home to share there. Everyone is better off. How are Americans better off in this scenario?

American companies are overwhelmingly owned and operated by Americans who can extract value from the H1B employees well in excess of their salaries (even with the new cap and fees)

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

#237

Post by HanClinto »

decimalenough wrote: post #132

Instead of a flat fee, they should just auction off the visas, highest salaries win. This has been proposed before and I don't really see any downsides. If your company really needs them, just pay them what they're actually worth.

Wow, I really like this.

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

#238

Post by kelnos »

legitster wrote: post #152
jpadkins wrote: post #123

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.

Can you explain how those statistics support your conclusion? I don't see the link you're drawing between them.

I also am not convinced that those statistics alone can be used to draw such a conclusion; there's more to it than that.

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

#239

Post by gorbachev »

srameshc wrote: post #104

This is going to kill H1B and immigration from countries like India, China and others for skilled workers. Even though $100K isn't a lot considering the overall investment that goes into hiring a full time employee, employers wouldn't risk that kind of money apart from all the document processing they have to. Maybe big tech will hire a few hundred every year but others won't even bother.

It is, however, a great opportunity for Canada and Western Europe to snatch all those people who now aren't able to come to the United States.

I know for a fact that multinational companies are expanding in exactly those areas (plus India) for exactly the reason that it's become very difficult to hire and move people to the US.

Those workers aren't paying taxes in the United States, and obviously the companies hiring people outside of the US aren't going to hire people for those positions in the United States.

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

#240

Post by toast0 »

derefr wrote: post #189
asdff wrote: post #138

Earlier quoted context omitted.

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…

If you're a US investor, investing in US R&D is easy, you have a good idea of how things work and how to get justice if you're defrauded.

If you want to invest in another country, that's a big change. There's certainly opportunity there, but without knowledge and contacts, it can be very hard to get things done.

One track to investing in foreign R&D is foreign nationals come and work in the US to earn skills, knowledge, and capital, and then they take those earnings and invest them in their country of origin, maybe living here or there.

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