https://www.indiatoday.in/business/story/us-employers-use-h1b-visa-to-pay-low-wages-to-migrants-1674861-2020-05-06#:~:text=Google%2C%20ranked%20the%20fifth%2Dlargest,median%20wage%2C%20the%20report%20said. Now what say folks who keep on gushing over their TCs #google #apple #facebook
It’s all demand and supply game.
It's not. The authors have intentionally misrepresented the data to support their view. It's BS.
Lol at Google, Apple employees underpaid. They don't even ask you are citizen or not! This doesn't factor stocks. Stocks are big part of compensation!
Where js this level indicated? In the H1b application forms itself? Just curious, can i get some reference how these levels are defined. The article conviniently glosses over these things. Also , like others have mentioned my base pay is now less than 50% of TC.
Duh, if no h1, then less supply, more demand, more pay
Yes, basic economics explains it so well!
The truth is that the majority of entry level dev and it jobs could be filled by just about anyone with just a modicum of mentoring/coaching/training, and having a ready supply of vulnerable foreigners to soak up those jobs puts a downward pressure on wages that Industry will hang on to as if their very existence depended on it, when in reality it would have a marginal impact on their bottom line. This is directly contrary to their empty virtue signaling on diversity and inclusion as well because it (intentionally) excludes blacks and Hispanics from hiring, hence their dismal record on actually boosting those numbers.
The methodology used by the source article is flawed. The authors have intentionally misrepresented the data to support the lie that you want to believe. Bootcamps have tried to address your concerns by providing a cheaper faster alternative for an entry into such jobs. They haven't had much success yet.
@scrooge24 Why don't you start a company doing just that then if it's that easy? Lots of money to be made in just candidate referrals.
Basically I want to know what these new grad H1Bs are bringing in that a local couldnt be trained. H1Bs should be reserved for only experienced folks in the skills that is difficult to train in short time.
It's a source of skilled immigration - the pipeline from studying here to working here. Fosters healthy competition so that locals don't go about forming unions and stalling progress - remember how it eventually led to US losing out to Japan and Chyna in manufacturing.
tech is becoming more saturated more cd grads, more software engineers ===> lower salaries supply and demand, bro
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Misrepresentation. The study assumed that level1 and level2 wages are low; what big tech usually does is pay high but mark it as level 1/2 based on the level of the hired employee. So, someone earning 155K base salary (stocks are not accounted for in visa processing) hired as an SE2 will also fall under level 2 wage group. The source article that this one references is a typical anti-immigrant charade.