A Tool For Analyzing H-1B Visa Applications Reveals Tech Salary Secrets
Tekla Perry writes: The golden age of engineers is not over,' says a French software engineer who developed a tool for mining U.S. Department of Labor visa application data, but, he says, salaries appear to be leveling off. Indeed, salary inflation for software engineers and other technical professionals at Google and Facebook has slowed dramatically, according to his database, and Airbnb and Dropbox pay is down a little, though Netflix pay is through the roof. The data also shows that some large companies appear to be playing games with titles to deflate salaries, and Microsoft is finally offering technology professionals comparable salaries to Apple and Google. There's a lot more to be discovered in this interactive database, and researchers are getting ready to mine it.
Looks like there are a lot of highly skilled and highly paid people in the companies I looked... the opposite of the Slashdot narrative of indentured servants working on minimum wage.
You can clearly see the way the companies are manipulating the system. Don't hire them as 'engineers', but as 'technology leads' then make up a low salary for them. No, the salary is not minimum wage as posted above, but it is half of what you would have to pay a standard software engineer, and you have their loyalty as it is a hassle to switch jobs. Yes, some companies appear to be above board, but is Google really only paying their software developers 123,000 in Silicon Valley? That seems low for that place. And yes, these salaries look big until you consider where they are. They are pulling salaries from the biggest companies in the most expensive places. Anyone looked into the data yet and see what the consulting sweat shops are paying/claiming? Again, tax the heck out of H1Bs and if there really aren't any engineers available in the US these companies will be happy to pay the penalty. Or better yet, untie H1Bs from a company, make it a 2 year visa, and let them go wherever they want. My guess is the companies will not be so hot on using H1B labor at that point.
If that were true then companies would not use H1B's in the first place. Since they are using H1B's then it means that the companies care where the programmer is located.