4 ms·

Selecting highest paid H1Bs is actually not a good idea. Assume you ar doing startup for 3D printer and you found this genius young guy in UK who knows how to w

Selecting highest paid H1Bs is actually not a good idea. Assume you ar doing startup for 3D printer and you found this genius young guy in UK who knows how to write firmwares for it. Being a startup you can't pay a lot of base salary and this is a rare skill to find good people in this area. Even though talent is right in front of you which can make or break your startup, your hands will be tied up by the law. Hope you get the idea... Sorting applications by pay will mean that only top 5-10 companies will benefit from global pool of talent and that would put their competitors even further out from competing.

lovich 9y ago
Isn't price the signal the market uses to tell what is more valuable? If another company is offering more for their candidate than your startup, then that means the other candidate has more value to the countries economy. If you aren't going by price and are going to pick by some nebulous value, like innovation, when it comes to visas then the government is going to be picking and choosing winners. I'm playing devil's advocate here a bit as I am not against government intervention, but it's a question that needs to be asked and answered
vostok 9y ago
I don't think the top 65k salaries are necessarily going to the top 5-10 companies. I work for a very small company outside of the SF/SV bubble and our pay is much more than the top H1B companies. We don't sponsor new H1Bs because recruiting is expensive for us and we can't really afford to have candidates rejected by the random lottery. Any system is going to have winners and losers. As I said above, my company can't sponsor new H1Bs under the current regime. I suspect that your startup example can't take that gamble either. Finally, there are always workarounds. Your hypothetical startup could hire the expert as a remote employee or if they're a true expert then other visas are available to them.

lovich 9y ago

Isn't price the signal the market uses to tell what is more valuable? If another company is offering more for their candidate than your startup, then that means the other candidate has more value to the countries economy. If you aren't going by price and are going to pick by some nebulous value, like innovation, when it comes to visas then the government is going to be picking and choosing winners. I'm playing devil's advocate here a bit as I am not against government intervention, but it's a question that needs to be asked and answered

vostok 9y ago

I don't think the top 65k salaries are necessarily going to the top 5-10 companies. I work for a very small company outside of the SF/SV bubble and our pay is much more than the top H1B companies. We don't sponsor new H1Bs because recruiting is expensive for us and we can't really afford to have candidates rejected by the random lottery. Any system is going to have winners and losers. As I said above, my company can't sponsor new H1Bs under the current regime. I suspect that your startup example can't take that gamble either. Finally, there are always workarounds. Your hypothetical startup could hire the expert as a remote employee or if they're a true expert then other visas are available to them.