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Questionable. Presumably the price of a H1B will float up to one cent below the delta versus hiring a citizen/permanent resident for the job, and there will st
by hakfoo 4y ago
Questionable. Presumably the price of a H1B will float up to one cent below the delta versus hiring a citizen/permanent resident for the job, and there will still be vicious fighting over claiming that cent.
- josephcsible 4y agoIf the only companies that used the H-1B program were the ones that abuse it, then that's what would happen. But since there are some companies that do have a legitimate need for talent they can't find domestically at all, wouldn't they end up pushing the price well beyond that to outbid the abusers?
- hakfoo 4y agoInteresting argument. It really depends-- are the people who are buying H1Bs for "real talent needs" able to consume most/all of the available slots? I'd expect that's really on the order of a couple thousand people a year. So they'll pay (comparatively) silly money and get their needs met. But it looks like the quota is in the high five figures, so there are plenty left for body shops looking for cheaper junior SDEs. And you know that someone will say "now that we turned it into a revenue stream, why not 200,000?"