391–400 of 1001 posts
IMO, 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.
The nurse that helped save your life at ER might be on H1B getting paid $80k a year.
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…
How valid is this premise in an increasingly global world? Most of the companies that are paying salaries could (and already do!) have offices in other jurisdictions where they could hire the same talent. Better to bring this talent onshore, where the wages are taxed, than force these companies to hire from satellite offices? It doesn't make much financial sense for companies to stop sourcing talent globally just bec…
It hasn't happened yet. All the big money in America says that it will either never happen or won't last longer than a few weeks.
Eh, Trump's administration is so cravenly corrupt and incompetent in every facet and manner that I think it will happen, purely because it's one of those "throw 'em a bone" tactics for the commoners. It's the same reason the aggressive ICE actions have redoubled. And FWIW, I think the H1B program, like the TFW program in Canada, is outrageously corrupt and has zero legitimacy, and the laughable foundations that peopl…
That's demonstrably false, even just by my own experience with people, so not sure I can take what you're saying seriously.
Yes, there's corruption and abuse, but I've also worked with some fantastic, excellent, smart, ambitious, hard-working people on H-1B visas. They would not have been in the US without it.
I've also worked with some mediocre fools who were on H-1B visas. That's the problem we should be focusing on, and there's no need to throw the baby out with the bathwater.
As 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.
This is a bit like robbing Peter to pay Paul. Yes, it brings in more income for the government at the expense of universities. It’s a great way to remove h1b fraud and abuse but you do burn down a bit of your garage in the process of getting rid of the rat.
It’s too bad policy won’t actually track economic needs or fairness; it’s mainly to drive the expansion of the political franchise.
$25K annual fee per H1B worker as opposed to $100K one-time would have made more sense. It would have made even more sense to have employers compete (within their own sector, such as tech, aerospace, etc.) such that whoever offers the highest salary will get the H1B worker.
Ultimately this isn't going to do anything to reform the H-1B program; this is just trump "doing something", which he'll claim as a success (and his base will eat up), even if it does nothing or makes things worse.
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…
Canadian salaries are also notoriously low in tech.
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…
> I don't think it follows that preventing that brain drain would have lead to appreciably better outcomes for those countries. Well sure, it depends what the counterfactual is. If those countries just physically prevented the people from leaving, and nothing more, I wouldn't expect that countries' outcomes to improve. But what the countries suffering from brain drain presumably want is for there to be attractive opp…
Other countries are free not to want the things that Silicon Valley talents generate. More for us!
IMO, 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.
$25K annual fee per H1B worker as opposed to $100K one-time would have made more sense. It would have made even more sense to have employers compete (within their own sector, such as tech, aerospace, etc.) such that whoever offers the highest salary will get the H1B worker.
>$25K annual fee per H1B worker as opposed to $100K one-time It's $100K per employee per year.