2 ms·
Although there are companies that import warm bodies for cheap, there're many companies that hire immigrants for the same salary and perks as locals. The proble
by estebank 9y ago
Although there are companies that import warm bodies for cheap, there're many companies that hire immigrants for the same salary and perks as locals. The problem with these conversations is that we all come with anecdata.
From what I can see, for San Francisco, the brunt of H1Bs (which is not the totality of foreign nationals, doesn't include L1s and T1s) in San Francisco in 2016 earned a salary in the 100K-150K range[1] (without accounting for extra perks like food, health and stock grants). Is that low? High? I don't know, but it seems in line with what I would have expected. Keep in mind that that's the salary, you have to add the cost of actually bringing that person to the US (lawyers, relocation, temp housing, etc.).
As for the BMW, you can get a 10 year old one for that price[2].
[1]: http://h1bdata.info/index.php?em=&job=Software+Engineer&city=San+Francisco&year=2016 http://h1bdata.info/index.php?em=&job=Software+Engineer&city...
[2]: https://sfbay.craigslist.org/search/sfc/sss?sort=pricedsc&max_price=10000&query=bmw https://sfbay.craigslist.org/search/sfc/sss?sort=pricedsc&ma...
- geebee 9y agoMy problem with paying the "market rate" is that if there's a shortage, this is probably a sign that the market rate is too low. "Is it too low?" That isn't really for me to say. Generally speaking, it isn't for the government to say either. In a market economy, the market determines this. I see no reason to put corporations in control of the immigration system, with the power to decide who is allowed to come here and what jobs they're allowed to work, just because they don't like the market's answer.