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The economic incentives here are a tough nut to crack. Here they are: 1. Most first time H1B Visas are taken up by an employee that are paid(typically) less t
by itissid 8y ago
The economic incentives here are a tough nut to crack. Here they are:
1. Most first time H1B Visas are taken up by an employee that are paid(typically) less that the college educated US worker. Pay amortized over the lifetime of this employee is even lower because part of it was in places like India where the PPP is much higher and labor is cheap.
2. You can make a lot of money by staying on the edges of the law. For example body shops/consultants.
3. Try stopping such body shops and IT CoS will cause jobs to disappear forever into India. This is the part that most policy makers gloss over. Sure FAANG could hire US side that but they are minority of H1B applications filed.
Possible Changes:
0. Separate all categories from the Quota based Green Card residency filing. This will end the perverse incentive for certain H1B and L1 workers to come to the US for the sole purpose of citizenship. Especially the under the stupid EB1 manager cap.
1. Make it easier for people on H1B categories to study, change jobs and providing for gaps between employment that are reasonable. This will make people less beholden and less exploitable by body shops.
2. Introduce a points based system for Permanent Residence that will award citizenship fairly to everyone based on real effort put in by people to get here. Things like education, language, diversity, age all should count. This will chip away at incentives attached to certain visa types.
3. Completely separate the H1B Visa processing for US college educated from the other pool of H1B workers. Make more granular categories for work visa.