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A comment on Trump administration announces overhaul of H1B visa program requiring higher pay. Parent comment

Re:Trump administration announces overhaul of H1B visa progr... by george_morgan on Wednesday October 07, 2020 @05:41AM (#24706615)
The 'hard STEM degrees' and 'brutal interviews' are irrelevant if the industry is functioning: are the people in these roles are able to perform them and are the companies profitable whilst able to pay high salaries.

If they are, there's nothing wrong with this situation.

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Re:Trump administration announces overhaul of H1B visa progr... by bluGill on Wednesday October 07, 2020 @08:12AM (#24707394)
Unless you own the company, then the extra pay is coming out of your profits.
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Re:Trump administration announces overhaul of H1B visa progr... by justincormack on Wednesday October 07, 2020 @08:32AM (#24707525)
Most businesses like lawyers, finance etc that are largely human based not capital based pay out almost everything to the workers. Often they were structured as partnerships. Even Goldman Sachs was a partnership for a long time until capital requirements increased.
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Re:Trump administration announces overhaul of H1B visa progr... by JanisL on Thursday October 08, 2020 @09:27AM (#24718903)
This isn't a zero-sum situation, paying the workers more can increase overall profits for a company.
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