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I've been on H1B for years in various companies and I totally support this proposal. I personally have not seen any case where H1Bs were underpaid in salary terms but I definitely saw people being threatened and worked to death because their green card application was dependent on the company (this made, hourly wise, a minimum wage job for them).

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They aren't underpaid wrt their nominal career level. Many of them definitely are underpaid if you consider their actual experience and what they'd get if they were in the market. That price point can only be established if you can safely change jobs, which on an H1-B you can't.

I've seen stock grants much lower. Really though, how do you negotiate if you have no alternatives? Of course comp will be lower if you can't negotiate.

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