Re:Large Companies Game H-1B Visa Program
by alextgordon on Tuesday November 10, 2015 @02:53PM
(#10541943)
https://en.wikipedia.org/wiki/Financialization
A pure market based approach to immigration will create an overly financialised economy. Who can afford to participate in visa auctions? Financial companies!
If tech companies can afford to participate right now, it's only because they are funded by financial companies. Half of tech companies aren't even profitable...
You definitely want more Mongolian restaurants, not just tech startups dependent on cheap money. Because when the money stops, only one of those will still be in business.
Re:Large Companies Game H-1B Visa Program
by wobbleblob on Tuesday November 10, 2015 @12:03PM
(#10540523)
It was just a hypothetical example. Why would a H1-B have to be a techie making a 6 figure starting salary?
Re:Large Companies Game H-1B Visa Program
by johnward on Tuesday November 10, 2015 @12:27PM
(#10540729)
The H1B program is aimed at bringing in exceptional talent. If you are paying low wages then either the talent is not exceptional or you are not paying a fair wage to the talent. In some parts of the tech world 100k is average in others it's slightly above.
Who starts a business without the person that makes it possible in the first place on staff? If you dont have a buisness without someone you cant afford to hire, you dont have a buisness to begin with.