Ted Cruz Wants Minimum H-1B Wage of $110,000 (computerworld.com)
dcblogs writes: U.S. Sen. Ted Cruz (R-Texas), who is seeking the Republican presidential nomination, has morphed from a vocal supporter of the H-1B program to a leading critic of it. He has done so in a new H-1B reform bill (PDF) that sets a minimum wage of $110,000 for H-1B workers. By raising the cost of temporary visa workers, Cruz is hoping to discourage their use. Cruz also wants to eliminate Optional Practical Training Program (OPT). The co-sponsor of this bill, The American Jobs First Act of 2015, is U.S. Sen. Jeff Sessions (R-Ala.), who called the OPT program "a backdoor method for replacing American workers."
That's still poverty in Silicon Valley
I still say Ted Cruz is actually Al Lewis from The Munsters.
If a company truly needs expertise that just simply cannot be found in the US, then a six figure salary is probably a bargain. Of course, this will never pass. I can dream, though.
Two people in Congress finally do something that isn't complete self-serving bullshit and the best response slashdot can come up with is a guy making fun of them.
Companies are going to do whatever makes the most money. The H1-B program gets them cheap labor in the US. Take away cheap labor, jobs will simply move offshore. If the labor is at least based in the US, those workers are still participating in the US economy.
It's bad enough that you give my job to some foreign worker, but now your going to pay them twice as much as you were paying me?
You SUCK!
Ted Cruz used to be the Republican candidate who I considered the most arrogant, and most annoying to listen to (he started running for president years ago!).
Sometimes things change.
"First they came for the slanderers and i said nothing."
I don't like Ted Cruz. I don't like that he has double-standards. I think he's a hypocrite. And I don't like the platform he has chosen to run on.
But a good idea is a good idea. And when someone we disagree with shares a good idea, we should unite behind it, rather than censor it because of its source. If we don't, we just divide this nation further.
First "loophole" I could think of off the top of my head would be: "Sure we'll pay them $110K". Oh, those jobs include no paid health benefits, no vacation, no sick leave. That could drop the "cost" of the employee down to someone making $70K.
While that sounds bad at first, it wouldn't really be horrible, heck I might even be interested in having all the cash my employer was willing to put out and leave it up to me to spend it. For couples where the other spouse has a good deal on insurance, it might be nice to have the money rather than overlapping policies.
I tend to agree in theory BUT the big corps will just take the H1B and a bunch of other jobs and move them elsewhere. They don't give a crap.
Well-intentioned things like this and (some) tariffs sound like a good idea but have a tendency to not work out as intended. I wish there was an easy solution to this erosion of jobs/income.
Chance favors the prepared mind.
Perfect is the enemy of good.
Add $80,000 to that number for any H1B in California or New York City.
Honestly, H1B is NOT for cheap labor, it 's for highly skilled professionals that you cant find anywhere else. Force the scumbag CEO's to pay for them.
Do not look at laser with remaining good eye.
Good luck with that.
No way will corporations and the lobbying of the chamber of commerce allow this intrusion of socialism to harm profits! Every .com and software company in existence will freak out and open their wallets in unifying opposition!
Silicon Valley tech companies that hire H-1Bs won't care much. Very few of their H-1B employees make less than $110K anyway. If the definition of "wage" includes not just base salary but also bonus (actual awarded amount) and stock (actual value, not some notional future value), then it's likely that all of their H-1B employees already meet this requirement.
Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
I just want a company officer to sign off, under penalty of perjury, on the supposed prevailing pay for the position they are seeking to fill. Right now the company gets to essentially make up a number, which no one checks and carries no penalty if anyone were to find out that they massively lowballed it. Put a company officer on the hook for it and suddenly those wages are going to jump up to a competitive level. Putting an artificial floor on the pay for visa holders is a nicely simple step that is hard to evade, but I'd really rather we just force the companies to pay the real wage for the job or have someone high ranking head to jail. There might genuinely be a job at a lower pay level that we simply can't get enough qualified Americans to fill. I don't know what it might be, but I don't want to close the door, I just want to cut back on the abuses.
You're just jealous 'cuz the voices talk to *me*
And John Kerry is Herman Munster. Illuminati at work?
Newt's "ice queen" wife doesn't directly match any of the characters, but she's gotta be a relative. (And Newt talks like a muppet, something's going on.)
Table-ized A.I.
Libertarians don't call for government enforcement of minimum compensation stipulations, especially not for specific priviledged groups over others.
It is surprising how many middle aged obsolete technology professionals you will find if you care to visit your local job career transition networking meetings. It not always that the people don't want to learn a new skill set, but more times than not, its a matter of cost of training. Its hard to fork down money for a training program if you are not working. Moreover, there is another problem in that people are reluctant to lay down cash on a skill set if they are unsure that it will be used in two years. I remember learning COM & OLE. I thought that it was hot shit. Well, it was more worthless than Elvis paraphernalia in another two years. Moreover, most head hunters or corporations will not want you if you only have a training program or a homemade portfolio (or open-source project). Its hard enough selling yourself to upper management if you have the skill set, but are an outsider without business contacts. There is an strong and established good old boys network for most upper end jobs. About the only way to circumvent it is if you know something that some business owner cannot find something thought his connections. I worked in finance, and it is ironic how many people knew each other from early childhood.
On the other end of the age spectrum, I have met many a Ph. D. s in fields that had a glut of people, e.g. medical sciences or in fields that do not have a high demand, Philosophy, Mathematics, Literature, or Oceanography. Most of these former students had unrealistic expectations of job prospects or believed that somehow they would be the one to overcome the odds and land a professorship. After about a two year job search, most come to the realization that they should have became a "short order chef: which has better career prospects. Being broke and destitute, they are looking to retool to become a programmer or bank administrator or "tech writer" and have the mental aptitude to learn what is necessary.
"Sometimes things change."
Yes, but not politicians.
Sure they do. They flip-flop all the time!
"First they came for the slanderers and i said nothing."
Changed.....he is now the second-most annoying presidential candidate.
"First they came for the slanderers and i said nothing."
The bill also calls for:
that within 730 daysâ"two yearsâ"of âoean employee strike, an employer lockout, layoffs, furloughs, or other types of involuntary employee terminations other than for-cause dismissals,â a company cannot bring aboard any H-1B labor
I think this is an even bigger deal than the $110k provision.
Just get everyone to agree on the precise boundary of what "free trade" is. Can you buy animals? Can you buy water rights? Can you own ideas? Writing? People? What about land? What if I just have enough guns?
Your notions of property rights might seem obvious to you, but not everyone agrees with you. We, as a community, must come to a consensus. One man's free trade is another man's anarchy, and another's totalitarianism. Can't tell if I'm responding to sarcasm or not.
Silicon Valley tech companies that hire H-1Bs won't care much. Very few of their H-1B employees make less than $110K anyway. If the definition of "wage" includes not just base salary but also bonus (actual awarded amount) and stock (actual value, not some notional future value), then it's likely that all of their H-1B employees already meet this requirement.
Here are the numbers for 2015:
Rank H1B Visa Sponsor Number of LCA * Average Salary
1 Infosys 23,816 $76,794
2 Tata Consultancy Services 14,096 $67,673
3 Wipro 8,365 $69,936
I suppose that these workers might have received some significant additional compensation above their salary, but my guess is that the probability is pretty close to zero.
These top three companies received 46,277 visas, which is over half of the total visa issued. Their average salaries are way below $110k.
If the speculation that companies above abuse H1B visas by importing low-wage earners is true, then the $110k wage limit would eliminate those visa uses. Of course, that assumes that the changes forces companies to actually pay that much. I can easily think of many ways to circumvent the $110k limit, including paying that amount and deducting most of it back (a la indentured servitude).
But the key point is that the abuse is predicated on saving money for the ultimate users of the companies' services. Kill off the financial incentive, and the problem completely disappears.
There is actually a reasonable case for some companies to need something like an H1B. There are actually quite a few US companies that pay decent H1B wages. Instituting a minimum financial threshold allows separation of these arguably more legitimate cases from the arguably job killing cases.
13 Google 3,059 $125,596
18 Amazon 1,600 $113,163
19 Qualcomm Technologies 1,585 $111,816
21 Apple 1,464 $133,593
24 Oracle America 1,073 $119,506
40 Facebook 780 $133,535
50 Ebay 664 $121,691
55 Yahoo! 619 $132,752
59 Paypal 576 $124,616
63 VM Ware 535 $121,203
70 Cisco Systems 494 $121,899
74 Salesforce.Com 483 $124,063
96 Linkedin 382 $139,634
Just get everyone to agree on the precise boundary of what "free trade" is. Can you buy animals? Can you buy water rights? Can you own ideas? Writing? People? What about land? What if I just have enough guns?
Your notions of property rights might seem obvious to you, but not everyone agrees with you. We, as a community, must come to a consensus. One man's free trade is another man's anarchy, and another's totalitarianism.
^ Why did you post AC? That is spot on the money.
That makes total sense. https://en.wikipedia.org/wiki/...
So since he's not arrogant and annoying anymore, are you considering him?
He's still arrogant and annoying. I was trying to point out that other candidates have come along who are more annoying. As for considering him, I've already resigned myself to the fact that we're going to have a lousy president next term, and I'm glad that the US system has shown itself resilient enough to survive that.
He's given some pretty good defenses of the 1st amendment.
It's really sad that's even needed.
"First they came for the slanderers and i said nothing."
Ted Cruz used to be the Republican candidate who I considered the most arrogant, and most annoying to listen to (he started running for president years ago!). Sometimes things change.
No, I still think Cruz is annoying, arrogant, etc. etc... but on this one particular issue he is right and has put forward a good proposal.
We really need to get past partisan politics where whole issues get misappropriated by political parties. People are not stereotypes and ideas should matter more than the color of their party.
Hard to find anything with both your hands in someone else's pockets...
I've abandoned my search for truth; now I'm just looking for some useful delusions.
Unfortunately, another candidate has arisen who is more arrogant and insufferable. I didn't think it could happen.
Yeah, who would've thought we'd have another Clinton in the ring.
There is another candidate that Trumps both Clinton and and Cruz on arrogance and insufferability!
The federal government pay scales are generally under market, but you get job security, a pension, and retiree medical benefits at the same subsidized cost as regular employees, all of which are unusual to non-existent in corporate America today.
I am a H1-B holder and as far as I know I pay tax exactly the same as everyone else.
You're figures are fine except that Hr1B visa holders DO NOT pay
federal income tax (I'm not sure of the particulars, but it's true).
So their effective salary is significantly higher than the stated values.
CAP === 'accord'
I have no idea where you get your information, but H1B visa holder are required to pay all federal, state, local taxes including FICA (Social Security) and Medicare.
The only exception I am aware of is that if you by some circumstances become a non-resident-alien of the US for part of the year (hired mid-year, or terminated mid-year), you can dual-status and only pay US taxes on your US based income and a flat 30% on non-US connected income (normally you have to pay US taxes on your worldwide income although you can claim an exemption for taxes you paid to another country).
Your confusion might be that those on OPT (practical training) temporary visas which often are used by college graduates before they get H1Bs are exempt from FICA and medicare, but are still not exempt from other state and federal income taxes. OPT used to be a max of 1 year, but now it is 2 years.
That's not what we're talking about silly H1-B.
What we're talking about, is that the jobs us Americans are working, for $75,000 would pay over $100,000. Except rather than pay what the market demands, the companies import workers on H1B visas. They claim, they can't find the talent. Utter BS, often they replaced trained with untrained workers, and have the trained workers train their replacements.
But you see, if you can hire imported workers for $60K-$70K, then you never have to pay the market value. And you can force Americans into lower pay. It's basic economics of supply and demand.
And GUESS WHY that pay average is around $60K-$70K, because that was the $110K of yesteryear. That was the amount that if the salary exceeded, they never get investigated for wage sinking. And guess what, $60K in 1990 when H1B visas went into effect, if adjusted for inflation would now be $110K. So all Ted Cruz is asking for is the originally minimum salary cap being put back in effect. All laws passed should be inflation adjusted, if so, then it would already be $110K