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> Companies want low salaried employees to cut down cost and they use H1 for it I've long argued that one reason H1B workers are low salaried is because H1B vi
by steego 8y ago
> Companies want low salaried employees to cut down cost and they use H1 for it
I've long argued that one reason H1B workers are low salaried is because H1B visa makes it harder for them to job hop and earn a better salary. Don't get me wrong, I know H1B visas don't prohibit switching jobs, but it does add enough fiction and it limits access to some employers.
I would love to see fair work visas inspired by Singapore's policies that empower foreign workers to earn market wages. It only makes sense to me that we should absorb as many skilled foreign workers as we can provided they earn some minimal threshold of a salary adjusted for the cost of living in their area. It shouldn't be too high as to make it impossible to get a visa, but it also shouldn't be too low.
Importing skilled tax payers is a great way to grow the economy and provide more revenue to the treasury.
Pushing away foreign workers is just bad policy. It will will only encourage outsourcing and offshoring of offices. That means local economies will never benefit from the wages of foreign workers. Offshore wages can't be taxed. You encourage other countries to accelerate the development of their own tech hubs at the expense of your tech hubs.