Seems like good old supply/demand would quickly take care of the issue whereby highly skilled workers would still get in and lower skilled ones companies wouldn’t pay for the cost. Plus, it would raise government revenue. $50K/year x 100,000 H1-B visa would be worth $5B to the government.
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I would love that system since it’s a proxy for value generated in the economy. But some in non-profit or research roles would not like it. Maybe create another category of visa for them?
Research and University are cap exempt.
The highest bidder would be a slimy company charging the applicant a fee to come to the US, and basically outbidding others by the size of that fee.
I don’t see the problem. It still applies a price mechanism instead of a quota system.
So rather than have the best people here we will have the people whose family was able to come up with the most money to buy their entry into the US. I see a problem...
This will completely kill the startups and smaller companies. And not to mention it will drive down h1 salaries. Bad bad idea.
Because startups use a preponderance of the cheap labor H1-B visas? Last I looked, big companies were well over 90% of the 65,000 allocated.
Startups need h1bs because there are no white engineers. Almost 60% engineers in the bay area are visa holders and not citizens.
Modern slavery where company pay 50 k to govt and pennies to employee
There's a minimum salary for H1b, IIRC 120k, so this scenario isn't relevant
Doesn't stop Indians from fantasizing about being slaves though
Lol. When you got out of cave ?
Same time you learn grammar, Grok
Those immigrants are taking your job? Supply demand is in place but not enough supply of us citizens engineers. And those h1-b holders are paying taxes is not like government doesn't get anything out of them.
Stop complaining and Send you kids to STEM education and encourage your friends and neighbors to do the same.
Funding USCIS is funded primarily by immigration and naturalization benefit fees charged to applicants and petitioners. Fees collected from individuals or organizations filing immigration benefit requests are deposited into the Immigration Examinations Fee Account (IEFA). Congress created the IEFA in 1988, establishing the authority to recover the full cost of immigration benefit processing. This account represents approximately 95 percent of USCIS’ fiscal year (FY) 2016 total budget authority. The remaining budget authority comes from two other mandatory fee accounts and appropriated funding for the E-Verify program.
That sounds much more expensive for companies than just lobbying Congress to keep the same shitty or worse system.
Cool.