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Relevant snippet from article: “H1B applicants will need to be earning a salary equivalent to the 45th percentile of their profession's salary if they're an ent
by xt00 6y ago
Relevant snippet from article: “H1B applicants will need to be earning a salary equivalent to the 45th percentile of their profession's salary if they're an entry-level worker, rising to 95th percentile for higher-skilled workers. “
Previously was 17th percentile and 67th percentile.
Effective immediately.
- exdsq 6y ago95th percentile seems... crazy high?
- castratikron 6y agoH1Bs are supposed to be used only if you can't find domestic talent. So it makes sense that something scarce would be expensive.
- sokoloff 6y agoBut it’s recursive. If something is that scarce, all the comps will already be high. It doesn’t seem necessary that marginal labor should be required to come in at the 95th percentile.
- andrewpk 6y agoExactly why h1bs we’re never intended to be used for marginal labor.
- dragonwriter 6y ago“Marginal” here means “the next increment from what is currently exchanged”; it's a standard term in economics. You seem to be using it in a very different sense.
- defertoreptar 6y agoNormally, those high comps would motivate people into earning the credentials for taking that career path. But you can't address local scarcity in this way when the law incentives you to instead import cheap labor from abroad.
- Beldin 6y agoOn the other hand, people willing to work for half of what they should earn are also scarce. I'm not sure which of these two situations occurs most often with H1Bs.
- sokoloff 6y agoIf it’s for profession and level, it’s crazy high. If it’s just profession, it seems meaningless.
- nrmitchi 6y agoThat's kind of the point. It's meant to discourage use unless necessary.
- marketingPro 6y agoThis means discouraging immigration correct?
- m463 6y agocould it mean lowering salaries across the board? downvoted, hmm.. I'm just wondering what's going to give. maybe department budgets will just go up?
- nrmitchi 6y agoIt means discouraging employers using an H1-B when they haven't actually looked at hiring locally, or using an H1-B to hire "cheap" labor because the employee has no leverage and can't really quit as easily as a US employee. I'm not saying that I agree with "discouraging immigration", I'm stating the likely purpose of this change.
- nsonha 6y agoWhat is wrong with hiring cheap labour again? Could it be that company should fix their hiring practices and produce higher quality product, instead of the state making laws that equate "cheap" with "low quality"? So the gov should tell companies how to use their money now?
- pandaman 6y agoThere is nothing wrong with hiring cheap labor and everyone is free to do it without applying for an H-1B visa. However, the H-1B law had passed specifically with assurances that it won't be used to hire foreign cheap labor and this is why the law specifies DOL certification ensuring that the H-1B workers are not hired at cut-rate. If you don't like it then nobody forces you to apply for H-1B.
- chrisseaton 6y agoIf you're not already offering 95th percentile for a job, how do you know you can't hire anyone locally to do it and why do you need a H1B?
- exdsq 6y agoBut salary isn’t necessarily correlated with rarity of talents right? Perhaps you’re in a rural area and trying to hire someone with specific cryptography experience and a PhD - they might not warrant a 95th percentile salary for a senior developer out of grad school yet you may need to hire internationally to find someone
- chrisseaton 6y ago> Perhaps you’re in a rural area and trying to hire someone with specific cryptography experience and a PhD - they might not warrant a 95th percentile salary for a senior developer out of grad school yet you may need to hire internationally to find someone. If you can't find someone in the area at a lower price, then yes they warrant a higher salary until you do find someone nationally. That's how salaries are set. Why are you looking internationally before you look nationally? 'Couldn't find someone to do it at what we wanted to pay them' isn't the same as 'couldn't find someone to do it.'
- nsonha 6y ago> Why are you looking internationally before you look nationally? You look at a larger pool of people who already want to move to anyware in the States, before a much smaller pool of people who want to move to your specific rural area.
- chrisseaton 6y agoBut I don't think that's in compliance with H1B is it?
- nsonha 6y ago
- hcnews 6y agoYeah 95 is high compared to today. Even FAANG aims for 80-90% of market compensation today. Even FAANG will have to shift stock vs cash compensation for all workers (including american) because of this. For small to medium companies, I am guessing many will be forced to try remote work in other countries because of this.