... Or even 500k. What would this do to the tech industry in the US? Discuss.
We will get paid less because supply demand.
Don't the visas require a particular salary that is competitive in their industry? Has there been a inverse correlation between salary and H1-B issuance in the past?
Competitive pay doesn’t magically break supply and demand. You increase supply so the pressure to pay people 250k+ in TC isn’t as great. Also national prevailing wages is a lot lower than wages at Google MV.
Salaries will go down obviously. More contractor work will displace FTE work outside of FAANG companies. It wouldn’t be a good thing for the industry.
Before the number are increased, it is important to change the rules to avoid abuse by hiring H1Bs for non high skilled roles, the consulting sweat shop kind. I am on H1B myself and have worked for a FANG company before Big Red.
Probably nothing for the good people. The sweatshops are going to do wage arbitrage and if they can’t do it here, they’ll take it offshore because if you can wage arbitrage, the job isn’t that complex anyway. So, economic expansion as the mediocre folks in the middle get squeezed out by the good competition, because their only skill in staying employed is work rights. The top end folks just chug along. The low end is going to die anyway. Companies expand faster. Competition gets real.
Put another way, if you can be replaced by a FOB dumbass on an h1b who can’t even speak English properly, you weren’t that good or your job was going to get replaced by automation anyway.
Do you think large numbers of software engineers could be replaced too?
Given how terrible most software engineers are, yeah. We killed an entire sector of MSCE/exchange admins by google apps and o365. We are killing DBAs with rds and aurora; soon most mediocre swe jobs are gonna go the same way. I remember when getting an msce was a surefire way to get to 6 figures. That’s history now.
Yep. Sounds terrible. Don’t do it. If Companies want to outsource and automate, fuck em and let them do it. No reason to make it easier for them.
We are seeing signs of this - look at the dev centers being set up in Canada area for fb google etc. amazon and Apple in India. The good thing we’ve got going for us is that the companies have no fucking idea how to get them productive :)
Are you saying Canada is being used as an outsource center for menial tech labor, presumably not for innovation?
What he said ☝️
Make it unlimited and enforce existing law. InfoSys shouldn't be getting any H1b visas.
Which laws aren't being enforced?
Don’t do this. You’ll be putting a bunch of mediocre engineers out of work, with no soft landing. This won’t be good for the national psyche. They’re already terrified, at least the ones who can see the writing on the wall. No need to run with matches into a gasoline spill.
Why increase quota ? Set a minimum of 100K total compensation based on W2 , and set a preference for relevant degree .. I don’t think they will ever cross 85K limit... And clearing backlog is simple.. During H1 renewal , issue RFE to every application .. The response will speak if they deserve visa or not. Let the best continue to stay in the queue and send the rest of the junk packing home.
This, but don't even have a quota. Just make that minimum the starting salary for FANG: at least $130k total comp. Take as many people like that as possible.
define best... I have college ‘friend’ who joined my algo competition team yet couldn’t figure out how to read stdin nor how to differentiate map from array letting me EXPLAIN everything during competition, ended up joining the owl tour advising company, not mentioning the name to not bring legal issues, making 100k. I was his TA in one class and after semester ended he detailed how he cheated every single assignment by bribing another TA after I rejected his bribery request from semester start. AND I have some other friend consistent hackathon winners making 60k at a startup cuz he loves their technology. Who is worth the term ‘junk’?
Should be at least tripled to bring it back to 2002 limits. 195K
Why only 195k? Why not 300k or 500k? What's your rational for 195k?
Coz that was the limit in 2002 before it was limited to 85k ?