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I feel that 2 simple rules would capture all the value of H1-Bs but naturally limit their abuses: 1. H-1Bs applications are ranked by total comp. 2 years of th
by avidiax 1y ago
I feel that 2 simple rules would capture all the value of H1-Bs but naturally limit their abuses:
1. H-1Bs applications are ranked by total comp. 2 years of that comp is unconditional (no PIPs, no performance management, no excuses). I can see an argument to bucket this by industry.
2. Only job codes where the YoY median pay and total employment are currently at a 3 year high are eligible to receive H-1Bs.
The comp requirements would devastate the body farms. The unconditional comp will put major pressure on the system of working H1-Bs to the bone, and not thoroughly vetting those hires. Companies that layoff in the thousands, or layoff their highest paid (oldest) employees are simply poisoning the H-1B well for that industry. Deep cuts can't be made up with H1-Bs for 3 years or until all the layoffs have been recouped industry-wide.
- k8sToGo 1y agoSo only people who would work in high COL areas would be eligible?
- Analemma_ 1y agoThat's not actually all that unreasonable, despite how it sounds on the surface. High COL areas are high COL because people working there are more productive. If it's worth it to import an H1-B worker even in the high COL area, they're contributing that much more to the economy than someone in a low COL area. If this still sounds crazy, I think your objection is more to there being a cap at all. If there is going to be a cap, it makes sense to order it by total comp even notwithstanding the COL.
- selimthegrim 1y agoSo do you expect someone to boot strap in a LCoL area without H1Bs
- jibe 1y agoH-1Bs are rare at bootstrapped companies , rare outside major tech centers, and basically non-existent in bootstrapped companies in LCoL areas. It is a benefit that almost entirely accrues to big corporations with legal teams. It is big corporate welfare.
- nine_k 1y agoNo, companies which are ready to pay high (above median) salaries would be able to hire H1Bs. No matter where the office is. Even now many companies offer compensation without regard to geography, when the compensation is high enough; if you live in Alabama but still qualify, the better to you.