How do H1B consultancies have abundance of jobs when new grads struggle?

Re:How do H1B consultancies have abundance of jobs when new ... by Overtonwindow on Saturday January 28, 2023 @01:18PM (#34559998)

On the first question, I think it's economics. H1B's are cheaper, which IMO explains why so many older American tech workers get laid off and replaced by them; see Disney, Matel, and others.

"The H1B level 1 salary is the lowest wage a foreign worker can pay while working in the United States under the H1B visa program. The salary of this level is valued at between $38,000 and $51,000 per year.."

Americans cost more. Plus benefits, and possibly greater job security, etc. Whereas H1B are totally captive to the company.

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Re:How do H1B consultancies have abundance of jobs when new ... by lance_klusener on Saturday January 28, 2023 @01:43PM (#34560246)

Thank you for your response.

Min wage is indeed low - $60,000 is the min

Link found from Google - https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/whdf...

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Re:How do H1B consultancies have abundance of jobs when new ... by underseacables on Saturday January 28, 2023 @01:54PM (#34560370)

That link is from 2008. Other Google hits seem to put it at 31,500 minimum.

https://www.ziprecruiter.com/Salaries/H1B-Salary

Do you have a government source that is more recent?

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Re:How do H1B consultancies have abundance of jobs when new ... by lance_klusener on Saturday January 28, 2023 @02:01PM (#34560424)

Not finding a direct $ amount.

Seems like, the salary $ is dependent on the job Found this link for prevailing wage -- https://www.flcdatacenter.com/

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Re:How do H1B consultancies have abundance of jobs when new ... by manojkumarsmks on Saturday January 28, 2023 @01:43PM (#34560249)

This is not true, the H1B salary like everywhere depends on the position, the salary range is decided by LCA (Labour Condition Application) it is approved by Labour Department.

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Re:How do H1B consultancies have abundance of jobs when new ... by bobosha on Saturday January 28, 2023 @03:20PM (#34561377)

This is the standard bogeyman used by h1b haters (for lack of a better word). The median h1b wage for 2022 was ~95K [?] IIRC and h1b holders are usually at the top of salary tiers.

[?] Unfortunately don't have the source handy.

While it's true there are many unscrupulous actors in this space and fraud happens, need I mention the level of fraud in SS/Medicare/Medicaid, VA, DoD. I will save you the research it's orders of magnitude more.

Also a lot of good came out of the h1b. Just see the number of Indian-born CEOs, founders etc I'll bet most of them came on an h1b. There is universal agreement that h1b needs reform and needs a better filter, perhaps using a points system, so you are arguing a straw-man.

This knee-jerk "greedy company! cheap labor!" sloganeering is, in large part driven by the (almost entirely) WM techies' entitlement compounded by racism. Pure & simple.

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