Disney of Florida had recently replaced 250 US IT workers with foreigners on H1-B. Trump especially spoke out against this move. Clinton was silent.
Clinton accepted $675,000 from Goldman for 3 talks. Wall Street banks like Goldman hire lots of high tech computer programmers and it is in their interest to depress wages as well as those firms in Silicon Valley. Trump was right that Clinton was bought off (she could have donated the $675,000 for charity as President Obama did with his Nobel Peace Prize Award money).
Incidentally, HP head and Republican Meg Whitman came out against Trump and she mentioned other reasons, but her true motivation is that HP would have to start paying market wages for all of its high tech workers if Trump won.
Okay, I get it, Clinton bad etc. But Trump has appointed tons of people from Goldman to his administration[1] and filed an executive order against financial industry regulations[2] - you know the regulations put in place after the last Wall Street crash, to prevent a similar crash?
Can we stop pretending that Trump isn't bought off by Goldman now?
[1] http://www.nydailynews.com/news/politics/trump-adds-goldman-...
[2] https://www.whitehouse.gov/the-press-office/2017/02/03/presi... https://www.whitehouse.gov/the-press-office/2017/02/03/presi...
Trump may be right about H1Bs, but he's knee deep in corruptive patterns. The details will come out when those "old buddies" start doing their "former" businesses huge favors.
Well, you might be right, but it helps to cite evidence to your assertions.
Just because you used to work for Goldman in the past, does not mean you are a current and future supporter of Goldman.
Nor does it mean that you are a bad person.
Trump is hiring people that know how these companies work from the inside-out. Which is the exact type of person you need to be able to deal with these companies head-on.
So it works. Integrity and patriotism matter of course. Diversifying investments prior to taking office would help reduce temptation.
If Trump were truly bought off by Goldman, he certainly would not be behind legislation that fixes the broken H1-B Visa system. Goldman, Wall Street, Silicon Valley and other firms will have to start paying market wages instead of depressed wages because of the H1-B Visa reform.
Technology salaries are probably a drop in the bucket cost-wise compared to the profits that will be made from deregulation of the industry. So while Goldman might have to pay a few million more in salaries, it's offset by the billions more in profits that they will rake in (over the short-term, until they destroy the economy again, that is).
Tech companies aren't going to see a similar measure to increase their profits to offset the labor costs increases.
https://shift.newco.co/an-open-letter-from-technology-sector...
And it's not a zero sum game. One of my H!B hires had unduplicatable skills and created about 20 high paid jobs in our company. Other H1B hires enabled a contracting firm I worked for to get a large contract that kept 7 other people employed.
> "These engineers will still be part of the labor pool, they'll just be doing work for our foreign competitors"
Well, let them work for Samsung instead of Apple then.
> "One of my H!B hires had unduplicatable skills and created about 20 high paid jobs in our company."
The point of the H1-B visa is precisely for those cases where there are no Americans that can do the job, so your hire follows the law. But then if it such a hard to find job, then the scarcity implies the person should get a higher salary, especially if he/she created "20 high paid jobs for our company."
That type of thing was the original intention, and I think most people would be okay with that.
But a gigantic majority of H1Bs are not used to fill positions that require unique skills. If 99.9% of H1Bs are abusing the system to avoid paying market wages then the system is broken and it needs to be fixed.
Yes. We have higher wages for our higher standard of living. As you said, it's not a zero sum game and all things are not equal.
Can you give details so it can be judged if this is true, and if so how common/relevant it is?
Broken clock is right twice a day...
So what? That is what people with her credentials are worth on the speaking circuit. God forbid someone get paid what they are worth, what do you think this is, a meritocracy?
> she could have donated the $675,000 for charity as President Obama did with his Nobel Peace Prize Award money
The Clinton's donated over $15MM to charity over the course of 2008-2015 and paid over 40% of their income as taxes. I'm pretty sure they've done more to help people than you (the average you, for all I know you're Bill Gates) or I ever will.
> So what? That is what people with her credentials are worth on the speaking circuit. God forbid someone get paid what they are worth, what do you think this is, a meritocracy?
$675,000 for 3 talks to Goldman leaves many with the implication that Clinton was "bought" by Goldman, whether true or not (and how to prove that?). It gave both Sanders (who asked that Clinton dispose the contents of the 3 talks which she never did but which Wikileaks eventually did do) and Trump significant ammunition against Clinton in the campaign.
If you are running for President, esp as a Democrat, it is unwise to accept money like that from Goldman or Wall Street. She could have said when she accepted each payment from Goldman that she was donating that money to charity so as not to leave people, potential voters, with the impression that she was "bought." Perceptions matter and as someone who came from a family that ran multiple times for President (3 times prior to this election) she should have known better.
When? Her proposal, as reported in the media was, "'staple' green cards on STEM grads' diplomas". Was there other proposal she made specifically addressing H-1Bs?
Well, that's a terrible idea if she said that. She apparently wanted to depress STEM wages in the US and put Americans STEM workers, who worked very hard for their degrees and skill out of work. The green card, H1-B should only be given for STEM jobs for which there is no American.
So Clinton wanted to depress STEM wages and take STEM jobs away from Americans and Trump wanted STEM workers to be treated fairly.
The only way to truly solve the issue is to tie the H1B to the person and let them work freely in the US after a short time.
Opening the flood gates might solve the issues of select individuals and some companies, but it doesn't solve wage depression.
The general belief is that H1B workers are underpaid because they have less flexibility in the labor market. While they can move jobs, it's somewhat tedious and requires both companies to work together to make the transition. It's not impossible, but it's certainly not easy.
If there were less friction involved with moving jobs, people on H1B could shop around for a better positions without worrying about their residency should things go wrong.
[1]http://money.cnn.com/2017/02/02/news/india/snapdeal-india-ku...
The whole notion of pay big $$s if the specialized skills are worth so much is wrong because these companies have smaller budgets for personnel than plant.
Source: drastically underpaid for my experience because I was an idiot.
These norms are not set by individuals, but by a system of financial analysts, shareholders (think large pension funds, etc.), etc.
The tech industry accounts for the vast majority of H1B visas: http://www.myvisajobs.com/Reports/2017-H1B-Visa-Category.asp...
I am not assuming that you are in Detroit. I used to work remotely for an Automotive company in Detroit for their telematics unit. Some colleagues I know commute from Windsor.
edit: one can write good programs, other can invent frameworks
As far as I know, the MS hires do not posses any special skills. Most of them fake their experiences to get into the companies. There are specific "one room consultancy" companies setup in the US to hire these MS graduates in OPT, fake their resumes, run their fake payrolls and push them to an employer.
I don't mind a bit of cynicism but this is absurd. Why the hell is "study" in scare quotes? It's a pretty standard thing for fresh graduates to better their chances for employment by getting higher degrees.
"As far as I know, the MS hires do not posses any special skills."
Maybe you should keep your speculations to things you do know.
I think you're being making the classic mistake of using your narrow experience range into making far larger proclamations based on speculations and innuendo. As an employer in silicon valley myself, I would definitely look upon a resume from a person with a Master's degree from US more closely than someone coming off of the infosys/wipro train. That is not to say that there's a clear yes or no either way but having an MS from a US university is at least one positive signal among other signals I'd look for in a resumé.
Someone coming off the free education that the Indian government provided using Indian tax payers money should keep quiet and should be ashamed of himself to be called a silicon valley employer.
You are welcome - An Indian tax payer.
"You are welcome - An Indian tax payer."
I would have thought about dignifying this childish tantrum with a response if you at least had the decency and guts to write this under a real name.
for ex: http://www.cic.gc.ca/english/express-entry/grid-crs.asp
I'm so sick of people copping out and trying to have it both ways. Bring in the immigrants who want to work, especially if they have skills. Filter out the gangbangers and the terrorists as much as possible. Win-win. Today we have the worst of both worlds.
I don't doubt that many immigrants harbor this impression, but it is wrong. A H1B visa holder can switch companies at any time, by having that company apply to have the visa transferred to them. 99.9% of the time, this doesn't impact your GreenCard wait at all, because your Priority Date can also be transferred to your new Green Card application. I have a friend who has been on a H1B for 8 years, is currently at his 4th job, negotiated a 30% pay bump every time he switched, and still has the same Green-Card priority date that he had from his first application.
The fact that so many H1B workers harbor this misconception, and are afraid to switch jobs, is what gives employers the confidence to abuse their employees. If enough H1B workers start quitting on bad bosses, we'll see some pretty rapid change.
Sure you can switch employers while on an H1B. I did. But that's an extra moving part added to the process. It's extra effort added to both sides, employer and employee. They need to really want to hire you to go through all that. If it's a tiny startup, the amount of work might just be too much (and you wouldn't want to work for a tiny startup anyway, as an H1B worker).
Also, if you somehow lose your job as an H1B holder, you only have a limited time interval to get a new job. There's a lot of pressure to just accept any job that comes along, regardless of all other considerations.
Also, typecasting is very real. The whole H1B / greencard process really, really puts the pressure on you to stay in the same job description for a long time. It's not set in stone, and there are exceptions, but as a rule you're basically forced into a straightjacket.
Basically, if you're caught in this process, there's the freedom & opportunity Big Carrot dangling ahead at the end of many years of wait. Meanwhile, your hands are tied and your actions are to a large extent dictated by a faceless, remote bureaucracy that has the full power to decide your fate. It's extremely frustrating.
All is not well. You are going to have to deal with a significant salary cut around 40~50% not factoring in exchange rates. You also have to deal with small supply, high rent and cost of living. Prepare to commute for hours packed into the Skytrain like sardines in a can and bus. that is provided you don't get "renovicted" where landlord kicks you out to accommodate their relatives. You also have to deal with the isolation, cliquey and outwardly friendly but internally unfriendly and flaky citizens and sleepy eyed nature of No Fun City. You also have to deal with the fact that this is essentially a socialist country with socialist values which means lot of your taxes are going to people who have nothing to do with you or care for.
But hey, our ruling party thinks that's a small price to pay for Living In the Best Place on Earth™
The rest of your post sounds about right.
It's unbelievable that the average entry level's tech worker in Vancouver makes just as much as a barista in Seattle.
You can't compete or create a world class unicorn in Vancouver, period.
I think not.
I do run a consulting company that consults to US companies. That is possible. But at that point, if you consult with startups, you won't be getting options.
http://www.cic.gc.ca/english/resources/publications/entrepre...
The program being cited is for workers, similar to the US H1B. And others have addressed why age is a sensible factor.
https://www.ssa.gov/ssi/spotlights/spot-non-citizens.htm
Also you can generally get Medicare if you're old and you've paid in for a few years.
Can you explain this? I'm currently waiting for a greencard.
Well, no, but there is a cap on the per-country share of the total quota in each eligible category.
"May the skilled ones win"
http://www.cic.gc.ca/english/express-entry/grid-crs.asp
and your documentations are correct, 6 months is the SLA.
I know of one person who will never in her life see Canada because she got the paperwork about a twenty-year-old misdemeanor wrong, even after the $1,000 appeal to the Minister. Definitely get a lawyer. The fetish for American criminality is one thing about Canadian immigration that I would hope to see reformed. Canada is very welcoming unless you've had a taste of American justice, then they make you work very hard to enter. Caring about criminal records is common, of course; having direct access to neighboring criminal records is not, among most world countries.
Given that a number of American states are law-and-order criminal record factories, and given that a criminal record is not necessarily indicative of someone's life (if it were, I'd be selling heroin instead of debugging right now), it seems time for Canadians to revisit this policy. I'm guessing there was a flood of cons to Canada at some point that made them skittish and enshrine a bunch of hoops in legislation. With a lot of Americans now looking for possibilities such as these in the current environment, there is a huge reform opportunity here to make Canada even more welcoming.
Not really; it's more of an outcome of political balance. Our conservatives have historically been ornery about immigration, but our progressives made it a focus of their policy. (This is very untrue now, few outright oppose immigration, but historically shaped the dialogue). To accommodate the disagreement we somehow came to a skills-oriented system with a high-threshold for ability and other qualities.
We have/had our own problem with authoritarians, and it's shaped our policies in some particularly Canadian ways.
So we decided to do something about our situation. We started foraying into the immigration systems of other countries and we decided to use the express entry system of Canada. So we all applied for it ourselves, got evaluated for our skills & degrees and now I am happily typing this as a permanent resident from Canada.
Express Entry System -
http://www.cic.gc.ca/english/express-entry/grid-crs.asp