H1b
If you mean a comparable tech worker? It hurts or benefits as much as another american tech worker, it's competition.. Too much supply devalues them, too little causes a scarcity leading to companies looking elsewhere
Benefits, by helping stem the flow of jobs overseas and setting up larger remote offices.
Not really.. Those offices still exist and are run at substantially lower costs.. I don't it
Tech companies naturally live in clusters eg in Silicon Valley. Without the H1b tech companies would simply hire the same people to do the same job in London or Vancouver and these people would pay tax and support local businesses there. Furthermore these people will create startups in Vancouver and London, etc. Tech is also very different to other sectors in that more tech work enables yet more and more work. Example: uber would not be possible without the smartphone. Of course in the very short term yes the H1b increases competition for jobs and thus decreases the salary of US workers.
Im a little dense. I didn't quite follow what your point was...Do you think the h1b is a good thing or a bad thing?
Short term: bad for tech workers in that getting rid of it would reduce supply and thus increase salary Long term: very good, without it Silicon Valley would be replaced by London or something
There's no way the Silicon Valley would be what it is without H1B tech workers. There simply isn't enough technical Americans and engineers. The day the US invests in training its youth and that generation gets into the workforce, then it may be different.
Do you really think there is a sizable population of would be good engineers who aren't already in STEM?
companies used to train workers on the job, very few had degrees let alone college loans, the current system puts too much emphasis on out dated expensive college learning that is too generalized for most companies anyways. The H1B is lazy short term thinking by bean counters and is very bad for America, but great for the other countries to feed off of America's wealth.
Harms. I support it, in fact I am on an h1b now. As long as Tata and other shitty consulting companies are allowed to keep sucking up visas it is harmful.
what does tata do?
Also, not sure if people realize how hard it is to get an H1B and that it impacts mostly STEM jobs. You need to have very specific technical skills (so you won't get an H1B to do sales, marketing, finance, or accounting for example unless you have required language skills ). There is a lottery and quotas (65K visas for 236K applications for 2017, higher chances to be rejected than approved). Since you get randomly selected for your application to be reviewed, employers who would rather hire an American or someone on a green card - less risk involved.
Who cares?
https://youtu.be/NK0Y9j_CGgM