▲ | cuttothechase 11 hours ago | |
100K one time fee will be easily amortized as a pay reduction over a period of 6 years by the H1B abusing companies. That is equivalent to getting 5 years worth of salary when you work 6, assuming a median suppressed wage of 100K. This does not seem much of a deterrent for any of these involved. This could actually result in wage suppression for the victim and nothing else in the long run. Seems to be poorly thoughout? | ||
▲ | zaptheimpaler 7 hours ago | parent | next [-] | |
It’s a one time fee for the whole of the H-1B visa, so only the first employer who sponsors the visa would pay it. So they have to ensure the candidate stays with them for a whole 6 years for that amortization. I do think well see more attempts to make H-1Bs stick with their sponsor, but depending on state laws that might be difficult to enforce. | ||
▲ | AngryData 10 hours ago | parent | prev | next [-] | |
Well it does put a bit more power into the employee's hand so im not sure it is all a bad tradeoff. Usually the company is holding all the cards, but if they just ate $100,000 that they will never get back then their threat of firing someone 3 months in if they don't lick enough boot polish is going to hurt the company too. | ||
▲ | franktankbank 2 hours ago | parent | prev [-] | |
Isn't it over 3 years? |