At my company (a mid-size, well-known financial firm), H1Bs are definitely slave labor. They're paid CONSIDERABLY less than FTEs, and are generally disposable

At my company (a mid-size, well-known financial firm), H1Bs are definitely slave labor. They're paid CONSIDERABLY less than FTEs, and are generally disposable if they screw up. My former boss once had to fire 3 of them in a single week because they had obviously lied about their skills and didn't know what they were doing.