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Why Tech Companies May Really Want All Those Extra Visas
- nodata 14y agoOh come on, we all know the tech companies don't have a shortage of skilled people - they have a shortage of cheap skilled people.
- gverri 14y agoThat's what YOU're saying. Go ask the CEO of some startup that is searching an Engineer for almost 3 months with no success.
- CapitalistCartr 14y agoAgain, supply and demand. That CEO would have his engineer at the market price for what he wants. If he wants a top-notch one, that'll cost accordingly.
- serge2k 14y ago> Programmers, specifically, are paid the same inflation-adjusted wages on average as they were in 2001 How many other industries can say the same though?
- mig39 14y agoI guess the point is that there isn't much of a shortage if they're being paid the same as they were more than 10 years ago. The author also pointed out that wages rose when there was a true shortage. It's the very next sentence. > For example, during the tech boom of the 1990s and bust in the 2000s, salaries and U.S. unemployment in IT exhibited the expected classic supply and demand relationship. Salaries rose when unemployment in the field was low.
- supercanuck 14y agoThe problem with H1-B as well, is that they effectively become indentured servants as well due to the transfer restrictions on them.