New H1-B Visa bill doubles the salary requirements to $130K/yr

Post by wmccullough » Tue, Jan 31, 2017, 1:21 PM UTC

Clubber wrote: post #36

wmccullough wrote: post #19

lol I'm a senior engineer and I don't make that much annually :(

You need to know your value. I don't know your ability, but you are probably being underpaid.

Post by gregw2 » Tue, Jan 31, 2017, 1:26 PM UTC

ones_and_zeros wrote: post #25

Here is the summary straight from the horses mouth: https://lofgren.house.gov/uploadedfiles/high_skilled_bill_sx... A few points: - This does not raise the salary requirement to $130k/yr. This only applies to employers that do not want to do the extra paper work for "attestations regarding recruitment and non-displacement of U.S. workers" - It takes a "market based" allocation strategy which allows "cash bonuses and…

Post by mnglkhn2 » Tue, Jan 31, 2017, 1:27 PM UTC

pkd wrote: post #10

hocuspocus wrote: post #7

Color me surprised, I commented on many related threads recently but this sounds actually pretty good! $130k is maybe a little high for seed stage startups but given that we're talking about relocating engineers to the most expensive region in the world, I believe it's fair. And the path from F-1 to Green Card will solve companies taking advantage of people on OPT status, at least partially.

Thing is that the whole of US isn't Silicon Valley or Seattle. Startups in upcoming hubs like Portland and Boulder will suffer(sic) because the salary requirements are too high for them to satisfy given the living costs. It basically means that the only companies who are gonna be able to hire through H1Bs are the big cos or unicorns.

Post by aianus » Tue, Jan 31, 2017, 1:28 PM UTC

thr1234567 wrote: post #33

webmaven wrote: post #31

This is a good but flawed move. In very high COL places like NYC and SFBA $130k is barely a living wage unless you can put up with a 2h commute. OTOH, in low COL markets (eg. KC) this eliminates H1-Bs from consideration for most entry-level positions. For many markets in the middle (an example doesn't come to mind, perhaps Los Angeles?) where $130k+ is a decent salary for an entry-level position this new minimum work…

> NYC and SFBA $130k Really ? Surely it can't be that expensive ?

Post by gregw2 » Tue, Jan 31, 2017, 1:29 PM UTC

Shivetya wrote: post #4

so is this catching up or exceeding the rate of inflation? How was this salary number not tied to inflation or another index? If anything it seems to me to be a benefit to those seeking employment who have real skills and ability.