3 ms·
People often conflate H-1B visas lowering wages, with H-1B holders earning less than market wages. Actually it is possible (and probably) that H-1B holders ear
by swatow 12y ago
People often conflate H-1B visas lowering wages, with H-1B holders earning less than market wages.
Actually it is possible (and probably) that H-1B holders earn the same wages as their equivalents. The presence of the H-1B workers increases the supply of labor, and lowers wages for everyone. But it happens simultaneously so that at no time are the H-1B holders earning less.
It's interesting to me that in order to deal with this inconsistency, people have basically invented the myth that it's hard to shift jobs while on an H-1B, and thus H-1B holders are like "indentured servants". The reality is for most H-1B holders the job market is no different, as long as they have the visa, which depends on the government, not their company.