31–40 of 63 posts
"Unless dependent employers compensate their H-1B workers above the required wage level, they must make attestations regarding recruitment and non-displacement of U.S. workers" Does this mean that a company can pay below the 130k if it can prove that it's not possible to hire an American even with higher wages?
Earlier quoted context omitted.
How is this to your advantage? Are you having hard time securing a full-time dev job with a US tech company? Last time I checked, there was more demand and shortage of supply for smart programmers (I have been interviewing a lot). Do you happen to work in a region where there are less tech jobs?
It's simple economics. H1B's increase the supply of developers in the US, relative to the demand. And that drives the price of developers (i.e. wages) down. I don't think any intelligent person can fail to understand that. To answer your question, I don't have trouble finding or keeping employment. This move will simply drive up my market value. So I'm for it.
I'm very unsure about this, but thinking maybe I should hurry and buy a house if this passes.
As a software developer and a US citizen, this is to my advantage. I hope it quickly becomes the law of the land.
Earlier quoted context omitted.
It's simple economics. H1B's increase the supply of developers in the US, relative to the demand. And that drives the price of developers (i.e. wages) down. I don't think any intelligent person can fail to understand that. To answer your question, I don't have trouble finding or keeping employment. This move will simply drive up my market value. So I'm for it.
How do you figure? Right now, consulting companies spam the lottery with shitty jobs. With the new system favoring quality $130k+ jobs there will be a bigger supply of good H1Bs to compete with. I'm very unsure about this, but thinking maybe I should hurry and buy a house if this passes.
The supply is artificially set by law. The fact that they will cost $130K instead of whatever it was before will make it much easier for me to compete with them.
It might also make it economically feasible for US companies to hire US workers who might not have all of the needed skills, and train them. That works for me.
I was a free market libertarian until about last week, when I finally got sick of being lectured and called names by tech billionaires. Now I'm for anything that helps me financially, and hurts these people. If the H1B program were abolished entirely, my compensation would shoot up there with doctors' and lawyers', and the tech billionaires would be slightly less rich. This measure doesn't go that far, but it's a ste…
Earlier quoted context omitted.
How is this to your advantage? Are you having hard time securing a full-time dev job with a US tech company? Last time I checked, there was more demand and shortage of supply for smart programmers (I have been interviewing a lot). Do you happen to work in a region where there are less tech jobs?
It's simple economics. H1B's increase the supply of developers in the US, relative to the demand. And that drives the price of developers (i.e. wages) down. I don't think any intelligent person can fail to understand that. To answer your question, I don't have trouble finding or keeping employment. This move will simply drive up my market value. So I'm for it.
The simple economics you are quoting will argue against protectionism. Even hypothetically assuming it will increase wages it will in turn make it costly to innovate and increase the cost of services for average American consumer.
If Citibank charges $25 monthly fee they might have to charge $30 to make the same money. That generally hurts American consumer just the way American protectionism towards Steel and Sugar industry hurts American consumers while benefiting special interest groups.
For those of us who have taken Econ 101 can tell you that this is even worse for resources such as human mind. The marginal impact on salaries with every additional H1B US taken in next to 0 simply because Job at higher end are not zero sum game. Each extra person helps grow the pie significantly this increasing the salaries even further.
For low value jobs such as a gardener, a cheaper labor will replace the expensive one because having two gardeners does not increase the productivity of the employer by 2X. But for high-end jobs such as say a Doctor, having many doctors would mean more drugs, faster solution to diabetes and cancer.
"Unless dependent employers compensate their H-1B workers above the required wage level, they must make attestations regarding recruitment and non-displacement of U.S. workers" Does this mean that a company can pay below the 130k if it can prove that it's not possible to hire an American even with higher wages?
I am a bit confused about $130,000 limit. A $130,000 salary in NYC is way different than a small town in Mississippi. Should not it be regional average?
I was a free market libertarian until about last week, when I finally got sick of being lectured and called names by tech billionaires. Now I'm for anything that helps me financially, and hurts these people. If the H1B program were abolished entirely, my compensation would shoot up there with doctors' and lawyers', and the tech billionaires would be slightly less rich. This measure doesn't go that far, but it's a ste…
https://www.wsj.com/articles/SB10001424052748703509104576328... (Infosys China Plans to Triple Staff to 10,000)
It's harder to outsource doctors because of multitude of reasons (Healthcare is country dependent, patients can't be transported, medicines are different in each country)
I am on H1b and I have noticed the body shops too, even worked for one. Bills like this doesn't address the core issue of H1b abuse and only exacerbates the issues.
I was a free market libertarian until about last week, when I finally got sick of being lectured and called names by tech billionaires. Now I'm for anything that helps me financially, and hurts these people. If the H1B program were abolished entirely, my compensation would shoot up there with doctors' and lawyers', and the tech billionaires would be slightly less rich. This measure doesn't go that far, but it's a ste…