Re:H-1B visa fraud alive and well amid anti-abuse efforts
by DopplerSmell on Friday April 12, 2024 @10:02AM
(#40013022)
This completely ignores higher order effects, if you can't employ someone to do a task at a wage that makes profit, it creates conditions where capital investment in innovation and labour multiplication makes more sense.
It never makes sense to import someone who has less earning potential than any other candidate; at least not in a long term context (it makes plenty of sense for a current business for their own short term profit).
Re:H-1B visa fraud alive and well amid anti-abuse efforts
by confidantlake on Friday April 12, 2024 @10:24AM
(#40013272)
So pay someone $20 an hour and pay the government $10 an hour.
I think a better solution is just a "tariff" where a company has to pay an additional 50% of the total compensation to the government. Then if you could fill the spot with an american you'd want to because it saves you a ton of money; but if you actually can't find somebody (at your offered price) then you still have the option of offering a visa.