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H1b workers depress wages by increasing the supply of workers. Most h1bs I work with have no more experience, and some less, than a graduating CS major with no
by geraldwhen 4y ago
H1b workers depress wages by increasing the supply of workers.
Most h1bs I work with have no more experience, and some less, than a graduating CS major with no prior job experience.
- lotsofpulp 4y agoAlso by being restricted to one employer so the H1B worker cannot sell their labor to the highest bidder.
- qaq 4y agoYou do realize that most decent size US companies have presence in EU, Canada, India etc. and can easily shift open racks to those offices (and they actively do). As an example Apple has doubled it's head count in Cork Ireland a few times.
- DANK_YACHT 4y agoThe why do they need H1Bs? They clearly want the best of both worlds. Cheap labor in their time zone. H1Bs obviously increase the skilled labor supply. If the laws of supply and demand are true, the price of labor will fall as supply rises.
- geraldwhen 4y agoI work in an international company where that is absolutely not the case. India and China development is limited for regulatory reasons, but we do employ as many people there as possible.
- qaq 4y agoI did not say all but "most" do :)