4 ms·
I would love to see a revamp of visa system that when someone is sponsored by companies they are required to do a 1:1 match for scholarships on the salary of so
by genmud 3y ago
I would love to see a revamp of visa system that when someone is sponsored by companies they are required to do a 1:1 match for scholarships on the salary of someone who they are sponsoring. Alternatively make the minimum $100k or max $250k.
As someone who had someone come over on a O-1 visa, I 100% would have been willing to pay double for that person specifically.
It also removes the common issue of people who are hiring people below market rate or are trying to push salaries down for certain industries. It makes companies really make sure they actually need that technical expert from overseas.
Then open it up to everyone else if there are quotas.
- AlchemistCamp 3y agoRather than doubling the cost a company has to pay for a foreign employee, which inevitably pushes down wages for high-end talent, why not just rank applicants based on how much they’re actually paid? If an employee is recruited at $250k, they clearly have skills the market values.
- genmud 3y agoI don't think it would push down wages for high end talent if you keep the requirements they pay prevailing wages. If anything, it would increase the wages for people. The point would be that we fill and address the talent problem longer term. AKA if you need to hire foreign workers, you have to invest in developing new talent. I would say that total comp should be taken into account, but we should take a more strategic approach to addressing workforce gaps rather than just relying on importing talent.
- wfh 3y agoIf you mean the existing H-1B lottery, see sibling comment linking the Forbes article which says "However, attorneys say attempting to reorder the H-1B lottery from highest to lowest salary by regulation, as the administration has discussed, would be unlikely to survive a legal challenge."
- AlchemistCamp 3y agoThere’s nothing in the constitution preventing legislators from altering H-1B regulations that I know of. What kind of legal challenge are you referring to, exactly?