2 ms·
I wonder if a viable H-1B reform would be a mix of a much higher cash wage floor (maybe indexed by geography, but $80-100k across the US, and $150-200k in a pla
by rdl 7y ago
I wonder if a viable H-1B reform would be a mix of a much higher cash wage floor (maybe indexed by geography, but $80-100k across the US, and $150-200k in a place like SF or NY), a requirement that they be hired by firms with at least n (=10?) US citizen or PR employees for every H1B (thus solving the Wipro/infosys problem), and then eliminating the quotas, making them H-1B portable across employers with a ~90 day window, etc.
The "n citizen jobs per m foreign jobs" is a common international founder/key employee visa requirement. Maybe make it 10x payroll for citizen/pr vs. h-1b, but there should also be an "n jobs over $x/yr ratio" to prevent the single investor/owner having a $30mm/yr salary, and then 30 x $100k H-1B jobs)
Otherwise, I'm in favor of scrapping H-1B in favor of an explicitly loosened O-1 which largely meets the same purposes as above.