Wasn't this shown to be false because skilled workers exists. But just not willing to work for peanuts?
Wasn't this shown to be false because skilled workers exists. But just not willing to work for peanuts?
To make it more concrete, it would be nice if NGOs could hire foreign talent just as effectively as Google can.
"Universities and related nonprofit entities, nonprofit research organizations and government research organizations are exempt from the cap"
https://www.wsj.com/articles/h1b-visa-lottery-auction-tech-w...
An auction would be good for everyone aside from companies that are abusing the system to get cheap labor that's basically trapped in the US.
H-1B is a non-immigrant (but dual intent) visa capped annually at less than 1/10 the level of the cap on immigrant visas, it has very little to do with “how much immigration we want”.
If we switched H-1B to a salary auction system I would additionally love if it came with a streamlined 2-year path to a green card, because if they won the salary auction and stayed on for two years we’d know these are truly the most valuable workers on the planet and we’d benefit from them joining our workforce permanently.
That said, I understand a complicated change like that would be a major uphill battle and not directly related to our subtopic.
We have high import taxes to protect our national beef production, but we don't produce enough beef locally to satisfy demand. So near the end of the year the government determines how much we need to import to satisfy demand, create quotas for that amount and auctions off the quotas.
Seems to work well enough AFAIK.
Insane work hours. Long stretches of unpaid overtime sometimes without weekends. No autonomy. No freedom. No say. Oh and shift work.
TSMC not being able to find workers has nothing in the US has nothing to do with a shortage of workers. They're just terrible to their people.
So they'll get H1B workers who are then basically trapped and can be mistreated.
The current system is terrible for everyone. Bad for the economy by keeping smart hard working people out. Bad for the workers who make it here who need to put up with TSMC. And bad for local Americans because H1B wage lower bounds aren't high enough.
Plus, when the workforce is 99% H1B visa holders, what does "local worker pay" even mean?
"They keep saying we're slowing them down, but they're not giving us the information we need. Most of us are capable of doing it if you gave us the correct information."
Also safety was not important.
the answer to me seems obvious.
if i lived in honduras and you said i could come to america but i had to work for tsmc, what's the chance i decline?