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"..the company can’t prevent the departure of Americans.." this is part of the problem. I have seen people (especially young ones) jumping ships in less than si
by CodeSheikh 10y ago
"..the company can’t prevent the departure of Americans.." this is part of the problem. I have seen people (especially young ones) jumping ships in less than six months from startup to startup in SV because of the competitive market salary. Even though larger companies can take this hit but for a startup of <10 employees this can prove to be very detrimental. I agree that Indian consultancies have been abusing the H1B program for a while now, and even though American companies pay them same or actually more (consultant hourly rates are always on the higher end), these consultancies keep the lion share to themselves and pay minimum to the consultant. The problem is not just with immigrants (both educated from US colleges and brought in by the Indian consultancies) but also nomadic nature of young American tech labor. Should there be some sort of collateral such as one year contract? Probably not a welcoming idea in a free market of USA.
- mavelikara 10y ago> Should there be some sort of collateral such as one year contract? It would be a fair deal if employers also agree to let go of employee only with many months of severance payment. Also, startups using vesting schedules to incentivize people to stay.
- CodeSheikh 10y agoAgree. It should be a two way street.
- mavelikara 10y agoMy point is that we got where we are today when employers started violating their end of the contract and employees slowly got wiser of the shift. To unsettle the status quo, the employers have to do some disproportionate show of good faith and win the trust of the employees.
- afastow 10y agoThe solution is not making it harder for US citizens to move around(which is basically impossible anyway), it's making it much easier for H-1B workers to move around so everyone is on the same playing field. The ability to move quickly from company to company is not a bad thing. I don't believe it causes startups to fail, it just accelerates the process for ones that already weren't going to make it. Few people want to jump ship if they believe their startup is going to be successful. If after six months though they feel that it's not going to make it there is no reason to wait to go down with the ship.