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Some companies do care about costs. They care more about the second part. But it’s also silly to say FB doesn’t care about overhead when they made a big deal a
by tempsy 6y ago
Some companies do care about costs. They care more about the second part.
But it’s also silly to say FB doesn’t care about overhead when they made a big deal about paying workers less if they moved to a lower cost of living area.
- almost_usual 6y agoI mean I think people will work harder for ~2m in vested RSUs and comp over 4yrs than getting kicked out of the US. Maybe that’s just me personally.
- tempsy 6y agoNot everyone at FB gets paid $500k a year, especially if you’re on H1-B which is mostly for entry or mid level immigrants who have just graduated. And if they do at the entry or mid level it’s because they joined at a favorable time and seen their unvested stock appreciate. There is a reason why Facebook likes H1-Bs.
- almost_usual 6y ago> Not everyone at FB gets paid $500k a year, especially if you’re on H1-B which is mostly for entry or mid level immigrants who have just graduated. I don’t think mid level or new grads get that comp anywhere H1-B or not. > And if they do at the entry or mid level it’s because they joined at a favorable time and seen their unvested stock appreciate. That’s the upside of working for a public company.
- tempsy 6y agoI agree but everyone on HN regardless of whether they actually work in SV or not seems to be under the impression that every new grad working in tech are all pulling $500k right off the bat :)
- adrr 6y agoI’d hire any h1b out of FB if they wanted to leave. Will even pay market rates. Market is very tight on software engineers.
- tempsy 6y agoYes most people probably can find a new job without being actually kicked out. You still only have a little time to find a job. Just because you could find something fast doesn’t mean it’s not stressful, especially if you were fired for performance reasons.
- shiftpgdn 6y agoThe problem is they /can't/ leave. It's indentured servitude and a wage supression program.
- adrr 6y agoThey can leave, it’s not hard to transfer a h1b. I bet a majority of FBs h1bs were poached from other companies or visa transfers.
- tempsy 6y agoI’m talking about situations where they are possibly fired.
- adrr 6y agoI can only speak personally on termination of employment. When dealing with a low performance h1b employee, they were treated exactly like a regular employee and were given a low performance review. The company did stack ranked based year cuts so he knew he that he had a high change of getting cut with a below expectation performance review and a PIP and had 3 months to look for a job. Firing h1bs out of blue would make it hard to hire other h1bs. There maybe companies that abuse the situation, i have yet to see it. Most people aren't sociopaths and have empathy. Being a terrible leader/person makes it hard to do startups since talent won't follow you.