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It seems auctioning H1-Bs to companies would let the companies that can't find enough talent to hire at market price, and force companies that just want cheap t
by joelwilliamson 12y ago
It seems auctioning H1-Bs to companies would let the companies that can't find enough talent to hire at market price, and force companies that just want cheap talent to pay for Americans. Solicit bids from every company stating how many visas they want and how much they will pay for each one. If Google wants 5000 visas and is willing to give the government $200K for each visa, while Infosys is only willing to pay $40K per visa then Google should get 5000 visas and Infosys can try for whatever is left.
If there is an actual shortage of necessary talent, companies should be willing to pay whatever it takes to get visas for qualifying workers. If they just want to save money, this will show up in the low prices they are willing to pay for a visa.
- davidw 12y agoAuctions are a good way of allocating scarce resources. However, visas are arbitrarily scarce: you still have to pick a random number out of the air for "how many visas should there be". What is the optimal number of immigrants? http://johnhcochrane.blogspot.it/2014/06/the-optimal-number-of-immigrants.html http://johnhcochrane.blogspot.it/2014/06/the-optimal-number-...