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>Amazon has over 10k H1B workers. Think about how much money it means. Something like 0.3% of their yearly profit. They're already paying probably somewhere n
by sarchertech 1y ago
>Amazon has over 10k H1B workers. Think about how much money it means.
Something like 0.3% of their yearly profit.
They're already paying probably somewhere near $200k a year more. Clearly it's not for no good reason. Clearly there is some advantage to employing them here if they are already willing to pay $200k more than they have to.
An extra $100k doesn't erase whatever that value is. The question is, is employing them here worth $200k to Amazon, but not $300k? Likely the case for some employees, but almost certainly not all.
- rs186 1y agoCare to show your math?
- sarchertech 1y agoFrom your post >while paying a third of the salary If they're paying $300k, they are paying $200k extra to employ that person in the US.
- rs186 1y agoThat 0.3% seems quite a bit off.
- sarchertech 1y ago10k * 100k is 1 billion, which is 0.3% of 300 billion.