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I think there should be a monthly allocation of visas that can be issued, and companies are allowed to bid on the salary that they would pay the worker. Each mo
by my_username_is_ 8y ago
I think there should be a monthly allocation of visas that can be issued, and companies are allowed to bid on the salary that they would pay the worker. Each month, the highest salaries get visas issued. If they don't bid enough, their candidate doesn't get in. If companies really need these specialists, they should pay them enough to secure a visa in a market-based system. I suspect this would create upward pressure on the salaries of these visa workers and prevent some of the abuse that we see today
- Jare 8y agoSo pretty much only companies in Bay Area or a couple similarly high $ hubs, and candidates wanting to go there specifically. That intuitively feels like promoting an unhealthy environment (not because of Bay Area in particular, but because of promoting concentration).
- my_username_is_ 8y agoYes, that is probably how it will play out. At least at first. But I think the side-effect of this is that other industries & locales would not get as many workers as they currently do, which would put upward pressure on wages in those areas. Compare this to the current system, where wages for lower paying jobs and areas are kept lower than they would otherwise be by adding worker supply through this visa program.