New $100k H-1B visa fee pushes tech jobs offshore
241–250 of 359 posts
Re: New $100k H-1B visa fee pushes tech jobs offshore
#242Earlier quoted context omitted.
Yeah, fine. Honestly I think most of us have been overpaid our entire career. But I'm not sure I see it necessarily. Take these stats, which can cut either way on this topic: In USA there are more software engineers than all other engineers combined. There are 10x more software engineers than the next highest engineering discipline. If you could subdivide s/w engs into 10 equal categories ("I'm not just a run of the…
Hard disagree about being overpaid. These are some of the most profitable companies in the world, what else should they do if not pay their workers well?
Re: New $100k H-1B visa fee pushes tech jobs offshore
#243It's funny how quickly tech employees turn MAGA when it comes to qualified immigration. Bad zero-sum intuitions about work abound across all strata of society, it seems.
If you believe that the market sets prices via supply and demand in general, do you believe this is true for the labor market as well? If not, why?
Do you think Elon Musk (and every other foreigner who founded US company) diluted supply of labor, or expanded supply of jobs ???
Re: New $100k H-1B visa fee pushes tech jobs offshore
#244Earlier quoted context omitted.
> They're free to change companies if the new company sponsors them. That's a much smaller pool of companies. The company already has to be participating in the H1-B program in order to sponsor someone. > Do you know counterexamples? Most of them happen under the likes of the EU where citizens of member nations have the freedom to migrate. But even in the US, we have the green card (as you note) which you can get wit…
> Most of them happen under the likes of the EU where citizens of member nations have the freedom to migrate. Yes, but this isn't the same. As a US citizen, I don't have that freedom in the EU, correct? > But even in the US, we have the green card (as you note) which you can get without doing H1-B. Getting a green card means your legal status isn't tied to employment. True, but we're talking about employment visas. W…
If you are from Cuba, you don't have access to the H1-B program. All nations have restrictions one which nations can and can't participate in their immigration and to what extent.
So yes, it is the same, the US just isn't a part of the EU. The relationship between EU nations is much closer to the relationship (pre-trump) between the US and Canada.
> True, but we're talking about employment visas.
No, actually what you specifically asked for was
> Going to a country for employment and having your legal status tied to a company is pretty standard across the world. Do you know counterexamples?
A green card is not a visa, but it is a mechanism to go to a country for employment without having you legal status tied to a specific company.
Re: New $100k H-1B visa fee pushes tech jobs offshore
#245Earlier quoted context omitted.
> skilled workers tend to increase job availability Who'd imagine squeezing the middle class would backfire epically? Compensation hasn't reflected the GDP per capital increases for the majority of the workforce. I don't think even the productivity increases from personal computers in the end of the 1970's have trickled down.
Most of the 'squeeze' comes from things like housing and health care. The former driven by NIMBYs pulling the ladder up after them in so many desirable places.
The obvious problem is that you can only develop a "desirable" area so much before you have fundamentally altered it. When there is a perception that the demand is driven in large part by people moving into the country, rather than by being born, that naturally engenders bitterness. When there is a perception that there are plenty of other areas available for development, which would then become desirable over time, but the developers want money and the government is focused on short-term goals, that further engenders bitterness. This is all very natural, and doesn't necessitate people to be unreasonably NIMBY to oppose it. Again, most people would.
Re: New $100k H-1B visa fee pushes tech jobs offshore
#246Earlier quoted context omitted.
So you'd move companies overseas and buy services instead of outsourcing work. It's really hard to do this in a way that won't be trivial to work around, and often in ways where you're likely to like the work around even less.
The US can tariff those out of country services if needed (through a combination of mandatory tax reporting and payment rails monitoring). An example of this today is SaaS taxes [1]. Please provide a non US service as an example and I'll propose how to rapidly replace it domestically. Out of country services can be cloned with LLMs if needed. The US government could sponsor tokens to US entities who employee US worke…
> Out of country services can be cloned with LLMs if needed.
Good luck cloning services whose endpoints are unavailable and documentation non-existent and that there would be no customers for, as they're built as a means of working around taxation of outsourcing.
Re: New $100k H-1B visa fee pushes tech jobs offshore
#247Earlier quoted context omitted.
Ironically, if it's true that the jobs are being off-shored, rather than on-shored and filled by locals, this would be beneficial for the countries who currently find themselves in a brain-drain spiral (be it India, Ukraine, etc.). It would result in a more tech and economically balanced world rather than having two lobes (USA and China). People would say that it's a detriment to the US's future --but those are often…
US has shipped all manufacturing jobs to Asia, including China and got the Rust Belt in exchange (and huge corporate profits). and China is now a manufacturing powerhouse. Partly that push was created by the labor unions, who pushed the cost of doing manufacturing business far above what was profitable and feasible. When the environment becomes hostile to conducting business, then jobs will leave and local industries…
BTW - with or without unions manufacturing was profitable in the US before NAFTA and China entering WTO. So your narrative that manufacturing was dying because of labor unions does not hold much water.
Re: New $100k H-1B visa fee pushes tech jobs offshore
#248Earlier quoted context omitted.
The US can tariff those out of country services if needed (through a combination of mandatory tax reporting and payment rails monitoring). An example of this today is SaaS taxes [1]. Please provide a non US service as an example and I'll propose how to rapidly replace it domestically. Out of country services can be cloned with LLMs if needed. The US government could sponsor tokens to US entities who employee US worke…
"SaaS taxes" are just sales taxes. They would apply if you create a SaaS for the stuff you want to outsource, sure. Except for it to be expensive enough to make outsourcing services unattractive you'd have to make them many times higher than they are today. > Out of country services can be cloned with LLMs if needed. Good luck cloning services whose endpoints are unavailable and documentation non-existent and that th…
Re: New $100k H-1B visa fee pushes tech jobs offshore
#249Earlier quoted context omitted.
Most of the 'squeeze' comes from things like housing and health care. The former driven by NIMBYs pulling the ladder up after them in so many desirable places.
A huge amount of housing demand comes from immigration. You can't call people who like their neighbourhoods "NIMBYs" for not wanting their nice area to triple in population to solve a problem. They aren't the problem. The demand is the problem.
Actual immigration from outside the US is a vanishingly small part of our housing problems, just as immigrants do not actually "eat the cats and dogs".
Where I live in Oregon the conflict is almost entirely about other Americans moving here vs those pulling up the ladder - which doesn't, of course,stop anyone from moving here, it just means only the wealthy can, rather than teachers, nurses, firefighters and so on.
Re: New $100k H-1B visa fee pushes tech jobs offshore
#250Earlier quoted context omitted.
I think that both you and the grandparent comment are correct at the same time. It feels like there is a strong dichotomy between how H1B visa is treated across different realms of tech. I have been working in big tech for a decade, and have a few friends working in the more technical financial firms (think more TwoSigma/HRT/Citadel, not JPM/GS), and my experience matches yours. Every H1B I knew at the companies I wo…
> In fact, they actually ended up costing more to the employer than a local would, due to having to deal with immigration lawyers/filing fees/etc. (all while being paid the same as everyone else). I mean, you were actually underpaying the local workers if this was the case? If you offered the fully loaded salary to the local workers they might have accepted. Or the local going rate for qualified personel were higher…
Whenever someone says "But then the locals making $400k would make $500k" I have to ask: where are all these qualified locals for whom $400k isn't enough money already? Shouldn't all the laid-off people be champing at the bit for these jobs?
At some price point you genuinely do run out of local talent. At that point it's just a question of whether the work goes abroad or foreign workers come in.