Yes, this is the way to go.
Trump's plan might help with my dream of being able to be paid well in tech without going to the US. This action is another reason to divest from the one tech hub to around temperature works.
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
#242Earlier 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.
It's not the only reason, but it's one of the likely causes. Like most complex issues, it's multi-casual. You can't import 100k+ workers per year into a country and have no effect on wages! I understand the net economic impact is potentially positive, but I am speaking to the direct economic impact of the workers being displaced.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#243I 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…
this comment is at best wrong, and at worst, purposely misleading
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#244While 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.
So startups often bring in H1B employees? What prevents them from hiring the same great people remotely?
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Re: Trump to impose $100k fee for H-1B worker visas, White House says
#245IMO, 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.
The entire market works through supply and demand. The basic idea is if you can't find someone willing to work for $x an hour you have to raise x until you find someone.
The h1bs are often used to abuse that system by just importing someone willing to work for x, with the added bonus of it being very hard for them to ever leave your company.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#246I wonder if this is applied to H1B renewals too?
IIRC technically there's no such thing as a "renewal". It's just a new application that bypasses the lottery. So given the low level of thought that goes into these EOs, the answer is almost certainly "yes"...
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#247Throw away the H1B, introduce streamlined high skill immigration to the US. Top 1% of talent from all over the world should be able to move in under 2 weeks. The first country that cracks this will have streets paved with gold.
> Top 1% of talent How do you determine that?
You pay an H1-B hiring consultant $500K to forge resumes for everyone you're hiring.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#248Everyone in these threads always points out all sorts of issues with the H1B system, which are mostly true, but it's not like there's a suggestion for a replacement here. This is a de facto shutdown of the program, not a reform. I'd be happy to see a reformed skilled immigration program for the US, but this isn't it.
The US makes up about 4.5% of the global population and it seems silly to think that the FAANG companies and the new AI startups chasing behind them are going to restrict their hiring to this tiny slice of the global talent pool.
The only effect this is going to have is accelerating the offshoring of jobs through more hiring in India, Europe and Canada, which is a net loss for the US.
I myself became a US citizen two years ago after being on a H1B. I was paid the same as all my peers and for all its shortcomings the program worked for me. It stunning to think this has been closed off, killing the main path for skilled immigration into the US.
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#249I 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…
> 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 do so.
That's largely a myth, though. The vast majority of smart, driven people have no path to lawfully immigrate to the US.
By a wide margin, the main immigration pathway are family visas (i.e., marriages and citizens bringing in relatives). H-1B visas are a comparatively small slice that's available via a lottery only to some professions and some backgrounds - and the process is basically gamed by low-wage consultancies, with a large proportion of the rest gobbled up by a handful of Big Tech employers. And that's before we even get to the fact that H-1B doesn't necessarily give you a path to permanent residency, depending on where you're from.
For most people who aren't techies, the options are really very limited, basically "be exceptionally wealthy", "be a celebrity", or "be one of the world's foremost experts on X".
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#250Interesting decision. I'm on the F1 -> H1B pipeline myself as a software engineer. And my wife is a researcher working on Genetic Engineering. Of the both of us, I've been the strong proponent for moving the US. and with each passing day, its getting harder to make a strong case for the pain, and uncertainty of moving here. Lately everything has been counter to what one would expect from a pro-growth, accelerationist…
if you are exceptional, there is always the O-1 visa