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Great point! I did not address the global talent pool, I only considered the US as a closed system. That is because I disagree with: "In many cases, H-1B work
by yazaddaruvala 10y ago
Great point! I did not address the global talent pool, I only considered the US as a closed system.
That is because I disagree with: "In many cases, H-1B work isn't extremely location-sensitive, and foreign suppliers are acceptable substitutes to local suppliers"
For an H-1B, US companies go out of their way to recruit remote talent, pay legal fees, take on risk, to get a talented worker to come work in the US.
For a significantly reduced cost to employer, they could have recruited that same worker in their country of origin, and pay them for working in their country of origin.
If H-1B work is location in-sensitive as you suggest, why do for-profit companies, take on additional costs, risks, and pay higher wages for the same talent?