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If the H1B is paid $400k, is it really depressing salaries? It's more about having employees that are 10-15% better than the competition if you can, which makes
by m00x 2y ago
If the H1B is paid $400k, is it really depressing salaries? It's more about having employees that are 10-15% better than the competition if you can, which makes you much more likely to beat them.
- jimbohn 2y agoYes, even at 400k it's still salary depression. The whole thing is, essentially, regulatory capture that is being used to do a sort of "arbitrage" over people. Big corporations in the West are cannibalizing society because governments are failing at defending the interests of the majority due to the lobbying power of a minority. Mind you I am not talking about an uprising or some bullshit like that, but, for example, the situation around medical service/insurance in the US is appalling.