H1B employees being exploited works in Murica's favor. It means American companies are more competitive at the expense of some Rajesh from Chennai. This is something Trump should love. Even if American companies are paying lower wages I don't see the problem. It helps American companies make more profit and lower prices for American consumers. Something that we all must cheer. Some people argue that it lowers the wag…
Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants
451–460 of 490 posts
Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants
#452It's worth putting in a shout-out to Lofgren's H1B bill: https://lofgren.house.gov/news/documentsingle.aspx?DocumentI... Far from "emasculating" it like the article suggests, the "bucketing" system in Lofgren's bill is designed to put upward pressure on all wages, including those of American citizens. The way that it works is that positions paying in the top 2/3 of the average wage for their geographical area will ge…
Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants
#453Earlier quoted context omitted.
How about simply allowing H-1Bs to change jobs if they get an offer from another company, and giving them a sufficient window to find something new if they leave their current company? The no-recourse indentured servitude relationship that makes people dependent on a company for their residency takes away all the employee's negotiating power. If we could change this, I expect that wages would begin to even out.
They can. It's just painful and depending on the competency of both companies legal counsel, it can take months. We've had employees accept offers with a start date, only the visa transfers weren't finished yet so they started MONTHS after the expected start date.
Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants
#454Earlier quoted context omitted.
They can. It's just painful and depending on the competency of both companies legal counsel, it can take months. We've had employees accept offers with a start date, only the visa transfers weren't finished yet so they started MONTHS after the expected start date.
The other problem is that AFAIK the 10-year-long Green Card clock resets if they change jobs, so there's a strong incentive not to leave.
[1]: https://www.congress.gov/bill/115th-congress/house-bill/392/...
Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants
#455It's worth putting in a shout-out to Lofgren's H1B bill: https://lofgren.house.gov/news/documentsingle.aspx?DocumentI... Far from "emasculating" it like the article suggests, the "bucketing" system in Lofgren's bill is designed to put upward pressure on all wages, including those of American citizens. The way that it works is that positions paying in the top 2/3 of the average wage for their geographical area will ge…
[1]: https://www.congress.gov/bill/115th-congress/house-bill/392/...
Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants
#456Earlier quoted context omitted.
Every tech company I've worked at rejects well over 90% of their applicants and has an interview process that would be considered insane in almost any other field. Joel Spolsky explains why this does not imply what you think it implies. http://www.inc.com/magazine/20070501/column-guest.html tl;dr; Imagine 1 low quality developer who applies to 9 places and gets rejected. There's also 1 high quality developer who appl…
Inc.com is a really bad source for such information... As if they would be expected to be neutral in such a situation. If this was true you would see it across professions and at every level of position, yet it's something fairly unique to software development.
Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants
#457> overestimation of Russia's danger on the US and EU Depends what you mean by “EU”. Western Europe? Sure, Russia maybe isn't a big deal for them. But the Baltic states, which are EU and NATO member states, understandably consider their next-door neighbour a huge threat.
Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants
#458Earlier quoted context omitted.
http://www.politico.com/story/2016/11/goldman-sachs-power-wh...
I see allegations, but no true corruption. Could you please cite a specific example? Hiring a Goldman banker is no proof of corruption.
Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants
#459Cheap labor isn't the only issue here. Wage theft in the form of capping competition is the big issue. Assume the rate of salary change dS(t)/dt is propotional-to/a-function-of (average_labor_demand - average_labor_supply) Now, if you keep topping up supply from overseas, salary never increases as much as it might, as such it is limited - as such, salary rate increase is also capped; and it's not employees can have a…
Just to play devils advocate, wouldn't it eventually even out then because high demand and lower wages here would mean that other countries with a tech sector would have high wages and would then be more appealing, which would encourage H1B visa seekers to consider going elsewhere or would even lure more talent from the US overseas. Granted, like many market-based arguments I make a lot of assumptions about how easil…
Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants
#460Cheap labor isn't the only issue here. Wage theft in the form of capping competition is the big issue. Assume the rate of salary change dS(t)/dt is propotional-to/a-function-of (average_labor_demand - average_labor_supply) Now, if you keep topping up supply from overseas, salary never increases as much as it might, as such it is limited - as such, salary rate increase is also capped; and it's not employees can have a…
By way of an unrealistic formalisation there you actually assumed that salaries are determined exclusively by labour supply and far more predictably and linearly than possible. The complexity of the economy, greatly confounds simplistic formulas.