Most of the consulting companies like Infosys, CTS etc work as such: They hire tons of people fresh out of college. Some of those have contractual obligations c

Most of the consulting companies like Infosys, CTS etc work as such: They hire tons of people fresh out of college. Some of those have contractual obligations called "bonds" which force them to stay with company for 2 years or so. That is the stick. Later comes the carrot in form of H1 sponsorship a year or two down the line. So the median work ex for H1 tends to be 3-4 years. Then there are those who change jobs simply to get the promise of being sponsored. I know couple of people, one with Amazon, with over 8 years of work-ex joining as software analyst because it helps companies pay them least of salaries. If senior dev is the new norm they will shape the supply accordingly and try to suppress salaries in that direction. The only way out was(is?) to provide salary directions too but vague wording allowing companies to include non monetary benefits will again be suspectible to manipulation. But not doing so means startups will not be able to afford engineers with only monetary benefits. It is a very difficult problem to get around.