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But companies in CA were still hiring, as you mentioned. If the labor pool was flooded with laid off workers, then it's a buyers market. You would think the com
by gdilla 8y ago
But companies in CA were still hiring, as you mentioned. If the labor pool was flooded with laid off workers, then it's a buyers market. You would think the companies can just hire from that pool for whatever they wanted to pay (cuz in such a climate, they would have takers), without bothering with the H1B search and paperwork hassle.
- whyaduck 8y agoHiring isn't as simple as paying the least possible in the current climate. Significant variance in salary among people with similar jobs will be an issue (people talk). Additionally, labor surpluses don't last forever. Low-ball salaries in that situation will lead to turnover at the worst time - when the economy is recovering.
- tabtab 8y agoIf they are thinking medium or longer term, then the short-term slump may weigh less in their decision process. A visa worker is less likely to be ABLE to go elsewhere if/when economy or an industry improves. They are almost like indentured servants.