Re:Trump administration announces overhaul of H1B visa progr...
by firstfewshells on Tuesday October 06, 2020 @11:49PM
(#24705113)
I doubt FAAG base pay would be 95th percentile for level 4 Software engineer wage. A sizeable chunk of the compensation is in equity which doesn't count when benchmarking prevailing wage against employee pay.
Re:Trump administration announces overhaul of H1B visa progr...
by iXce on Wednesday October 07, 2020 @02:36AM
(#24705838)
If it doesn't count for prevailing wage, does it count for the evaluation of the compensation distribution in the first place (genuine question, I'd assume no for consistency of measurement but yes if e.g. W2-reported compensation is used as reference)?
Re:Trump administration announces overhaul of H1B visa progr...
by golem14 on Wednesday October 07, 2020 @10:37AM
(#24708684)
You can doubt it all you want. I was also not claiming that fangs pay 95th percentile wages. I said that in my experience they pay h1bs pretty well (not that different from domestic entry level engineers).
For FAANG companies - they usually pay all their employees including H1Bs pretty well.
But it's hard for Google/FB/... to even get a H1B visa for their prospective H1B employees because the cap is filled by a number of consulting companies that imports people from other countries (I think mostly India) and treat those people pretty poorly (bad wages, they might don't have the skills to make it in the regular job market).
In the long run, I think this problem will go away because people working from abroad is becoming much more common: these consultancy jobs and other H1B jobs will see a lot of pressure to be outsourced.