Re:Let's Give Visas to Startup Founders
by gwenshap on Wednesday December 02, 2009 @06:53PM
(#973327)
I think this may strongly depend on the home country (thus creating more distortion).
Home country is not necessarily Bangladesh, it could be UK or Switzerland, in which case the H1B holder can and does negotiate for market rate salary or he will go to his home country where he is payed fairly and life is just as good.
Re:Let's Give Visas to Startup Founders
by arohner on Wednesday December 02, 2009 @07:08PM
(#973341)
You're right, assuming the H1B employer is honest. However, the defacto primary use-case of an H1B is to depress the wages that MegaCorp pays its employees.
The current advocates of the Startup Visa probably have honest intentions, but I guarantee that after 10 years, the startup visa will work similarly to the H1B program.
Re:Let's Give Visas to Startup Founders
by aristus on Wednesday December 02, 2009 @05:26PM
(#973154)
The "visa discount" is a real phenomenon, but the alternative is not coming here at all. You don't have to like it (I don't), but that's how it goes.
Re:Let's Give Visas to Startup Founders
by arohner on Wednesday December 02, 2009 @07:10PM
(#973343)
> the alternative is not coming here at all
That is one alternative. Another is coming up with a program that doesn't allow MegaCorp to abuse its H1B employees and depress market wages for US citizens at the same time.
For proof, look to H1Bs. H1B employees are paid significantly less than non-H1B employees. Don't like it? STFU or go back to your home country.