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Clever & greedy strategy. H1Bs are often paid a lower salary with 0 stock options. H1Bs are brainwashed into thinking this is their breakout. Grass is greener n
by semerda 7y ago
Clever & greedy strategy. H1Bs are often paid a lower salary with 0 stock options. H1Bs are brainwashed into thinking this is their breakout. Grass is greener nonsense. Locked in by H1B from jumping ship. Even if a company agrees to a Green Card they often tie the employee for few more years through payback of fees should they exit early. At will employment can’t exempt one from this. It’s a dirty process and most stay quiet in fear of having their visa terminated.
- baby 7y ago0 stocks? Source?
- rockinghigh 7y agoThey made it up. I got stock options and RSUs at multiple companies while on H1B. It may happen but it’s not the norm.
- Swizec 7y ago> Even if a company agrees to a Green Card they often tie the employee for few more years through payback of fees should they exit early. To be fair, if you're a software engineer the fees, while high, are pretty doable. Especially with a few years of savings under your belt. source: just signed some papers to start and pay for a green card process.
- rockinghigh 7y agoUber’s stock compensation is with RSUs, not options. H1Bs receive RSUs just like other employees. There is no discrimination based on visa status at these companies. You can also transfer companies while on H1Bs and also transfer some of the green card process.
- jypepin 7y agoI can say that, at least at Uber, this is not true. Salaries, stock options and everything else is the same, no matter if you have a work visa or not.