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Both your statement and parent's are both true. H-1s are being used to drive down tech wages, and are also used as a way to create indentured servitude in that
by effingwewt 5y ago
Both your statement and parent's are both true.
H-1s are being used to drive down tech wages, and are also used as a way to create indentured servitude in that the worker leaves or is fired they lose their visa.
At the same time tech is and has been vastly overpaid, WFH is bringing wages down too.
The overpaid tech argument was always 'well you need engineers and you'need to be in SV so you need to pay whatever FAANGs are. But that bubble is bursting before our eyes, and just like last pop, they simply can't believe it until the end.
- ericd 5y agoOh? Is there a salary bubble pop in progress that I’ve been missing? Or at I misunderstanding your statement?
- effingwewt 5y agoQuite. As soon as the big companies started switching to WFH and employees left for places with lower COL, said businesses began lowering waged based on physical location. This immediately proved the wages were artificially inflated, and were the effect of SV madness. With location being of less importance, the need to hire only the best seemes to have waned (not really it was always a bs rhetoric). I've said repeatedly that programming is to this bubble what web designers were to the last. I've also said it's not some magic language like some pretend it is, I made sure all three of my children picked up various programming languages from a young age. As always, I could be wrong, I just call it how I see it.