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You are correct except that it's L1 visa driving wages down. H1Bs are typically employed at FAANG and are paid top of the market. Instead of a lottery system, t
by throwaway2729 4y ago
You are correct except that it's L1 visa driving wages down. H1Bs are typically employed at FAANG and are paid top of the market. Instead of a lottery system, they should use it for top of the market jobs or proven specialization like published papers in that field or certifications.
- ralph84 4y agoThere are way way more H1Bs working for bodyshops that lease them to non-FAANG Fortune 500 companies than work for FAANG. https://h1bdata.info/topcompanies.php https://h1bdata.info/topcompanies.php 8 of the top 10 H1B filers are bodyshops. And of course the average salary for the 8 bodyshops is way below the 2 non-bodyshops.