Originally Posted by
sportsfan33
The premium is paid for the role and the skills in latest technologies. Think AWS everything, Redshift, Dynamo, EMR, containers, all the latest trends in software engineering. We are a little more forgiving and will hire based on potential and not current knowledge.
It actually so happened that I tried to pry away some of my prior reportees/friends to my current organization after several positions opened up. Naturally, they would have been my first targets having worked with them. Not one person moved. Not generalizing any trends here; maybe they have different priorities, but for a 50%+ hike, I would have jumped without blinking (and we are a more stable organization than where most of them work too). Learning the latest cutting edge stuff is great too as it opens up future prospects.
In fact I worked in another in-demand domain before and I know a few folks on H1B working across the startup scene here. Yup, they are all paid King's ransom (I have moved around a lot, have a large network and interview and also take interviews a huge number of times, so I generally know insider salary info of a wide range of people).
Thinking more about this, for an average position, we interview over 10 candidates and a majority of them are quite pedestrian, H1Bs included. So I am certainly not saying H1Bs are unicorns or bring a silver bullet solution to all your problems. However consistently, when hiring the cream of the crop from the field, a significant chunk/or even a majority are H1B folks. My point is that if these people didn't exist in the market as it is structured today, things would turn ugly very quickly as it will be impossible for us to fill a majority of our positions organization wide.
Obviously, the US should invest in their schooling system, and encourage more Americans in jobs requiring critical thinking. Having said that, although I don't want to stereotype, the combination of a native-born American vendor and an Indian/Chinese/East European immigrant worker has been repeated so many times in my direct experience that it's stopped being a cliche. I read once upon a time, native-born American women used to be in programming - I read they were quite instrumental in success of NASA's Apollo missions. That peaked around early 80s and since then, the native-born American women participation in CS just plummeted. Perhaps they don't have role models, are being fed poor normative cues...who knows? This tired cliche holds up very well in my own workplace; all women I have worked with directly in my last 15 years have been immigrants.
It's a complicated situation and there are no easy answers. Perhaps our own kids - when they grow up - will reverse the trend. US is a dynamic place - that's what is so great about this country. However, at this point, the corporate dependence on H1B is absolute - I will be very surprised if there are even minor meaningful changes in the status quo.