3 ms·
This data is from 2005! A lot has changed since. I can't quickly google the date it changed (before of after 2005?) but during the first bubble of 1999-2001, H
by notlisted 11y ago
This data is from 2005! A lot has changed since.
I can't quickly google the date it changed (before of after 2005?) but during the first bubble of 1999-2001, H1B holders were beholden to their employers as they were not allowed to look for another position or switch companies. The only official choice was to leave the country. This made employees virtual slaves to their employers (I was one of them) and was a great way to ensure artificially depressed wages (no competition => no risk of them leaving => so no reason to pay them a competitive wage).
I suspect, no data here, that this situation has changed a little. H1B wages may still be on the lower end of the spectrum, but that would be mostly driven by the (IMHO absolutely crazy) development of 60%+ of H1B visas going to body shops. This should change. Quotas for the Tatas. Give lone wolf applicants a chance again to come to the US and make this a better place.
PS One thing many critics of the H1B program forget: H1B holders pay into the social security system, but unless they reach the required 40 points, they have no right to collect. The only way reach 40 points is to work here 10 years (4 points per year) but the max H1B duration overall is 6. Unless they get a greencard, through marriage or company sponsorship, they only add to the coffers without the chance of collecting.
- sveiss 11y agoYou can count US social security contributions towards the requirements in other countries (and vice versa) if they're covered by one of the treaties: https://www.ssa.gov/international/agreements_overview.html https://www.ssa.gov/international/agreements_overview.html . It's a short list of countries, though, and doesn't cover the top H-1B senders