When an American wants 100k to pay off their student loan debt…
Yeah, that’s a 40% pay cut.
It’s one of the last remnants of the middle class. And if it happens people will be less likely to go to school for it without that high pay to pay off the loans.
Which means at a point we’d have to rely on these visas.
Also prevents the chance of someone being able to cobble together some type of competition
For a tech job, yes. Doubly so in a country that has no universal healthcare and has a joke of a social security system. Triply so on a precarious visa.
There’s a mention in Bernie’s tweet of associate accountants getting 58k, but his point there is we have plenty of Americans who can fill that role, and there’s zero reason for a h1b.
That’s the salary level at which h1b is uncapped. So ~70,000 h1b visas are allowed to make less then $60,000, but any amount can be approved if it’s “high paying” and above that salary. It’s supposed to make it so it’s more expensive to hire foreign talent, but that becomes irrelevant if it’s not actually high paying and most Americans demand well above that cap. Then there’s no incentive to hire Americans.
This is why a lot of people, even Elon, advocate for raising the cap to an actually high wage, and tie it to cost of living, because $60,000 in coastal California is poverty.
60K is the minimum you need to get paid for an entry level job using H1B, if not your visa won’t get approved. It used to be around 58K and now it has gone up. A lot of companies offer this minimum so people who are desperate for a job will take it. Also companies use consultancies to fill these roles so you’ll have to check their salaries.
$60,000 a year is low wage?
Depending on career, yes.
That’s poverty level in Southern California.
When an American wants 100k to pay off their student loan debt…
Yeah, that’s a 40% pay cut.
It’s one of the last remnants of the middle class. And if it happens people will be less likely to go to school for it without that high pay to pay off the loans.
Which means at a point we’d have to rely on these visas.
Also prevents the chance of someone being able to cobble together some type of competition
For a tech job, yes. Doubly so in a country that has no universal healthcare and has a joke of a social security system. Triply so on a precarious visa.
In a high cost-of-living area, it absolutely can be. And lots of tech jobs are in HCOL areas.
Where did you even get that number from?
There’s a mention in Bernie’s tweet of associate accountants getting 58k, but his point there is we have plenty of Americans who can fill that role, and there’s zero reason for a h1b.
The average Tesla pays one of those is 71k
https://www.glassdoor.com/Salary/Tesla-Associate-Accountant-Salaries-E43129_D_KO6,26.htm
So yes, comparitively speaking it’s a low wage…
That’s the salary level at which h1b is uncapped. So ~70,000 h1b visas are allowed to make less then $60,000, but any amount can be approved if it’s “high paying” and above that salary. It’s supposed to make it so it’s more expensive to hire foreign talent, but that becomes irrelevant if it’s not actually high paying and most Americans demand well above that cap. Then there’s no incentive to hire Americans.
This is why a lot of people, even Elon, advocate for raising the cap to an actually high wage, and tie it to cost of living, because $60,000 in coastal California is poverty.
60K is the minimum you need to get paid for an entry level job using H1B, if not your visa won’t get approved. It used to be around 58K and now it has gone up. A lot of companies offer this minimum so people who are desperate for a job will take it. Also companies use consultancies to fill these roles so you’ll have to check their salaries.
Yes
deleted by creator
Hmm why delete your answer?
That’s the minimum, but they usually get about twice as much.