Thread regarding Macy's Inc. layoffs

H1-Bs get six years before they're kicked out of the country right after you graduate from college. Of course their pay is lower, they're college kids with little to zero real world experience, and there's a ton of cost and red tape to onboard an H1-B, as well as having to pay their ticket home if you let them go. If they lose their job, they go home. With this hanging over their heads, they'll often work 12 hours a day or more because they stand to lose everything they've been working their whole lives for. If you're not valuable enough hold your own over foreign workers with no experience, fish out of water cultural experience, and often non-native speakers, really, you deserve to be let go.

Stop working for companies that use H1-Bs. It says more about you than it does the company.

There is absolutely no reason to bring people from ANOTHER country here to work on something that we could be paying VERY lucratively for our college grads which spend 30k-100k on their own education.

More importantly H1-Bs are ripe with fraud and generally only hire each other. It is also a VERY HUGE national security matter.

END H1-B NOW.

Only basis is labor leverage – cannot change companies and very compliant to management.

Is it not performance or skill based ?

https://insights.dice.com/2020/06/09/are-h-1b-visa-workers-overpaid-or-underpaid/

Two weeks after the Economic Policy Institute’s report, the Cato Institute pushed back with an analysis of its own. “EPI confuses the median wage—the statistical midpoint in the entire range of market wages—for the singular ‘market wage,’” read its report. “A market wage is just whatever an employer would pay a worker in an open market—which depends entirely on the characteristics of the job and the productivity of the worker.”

Crunching the numbers itself, the Cato Institute insists that 78 percent of H-1B employers “offer wages, on average, above average market wages—20 percent above” and that “the vast majority of H-1B employers pay at least some employees more than they are required to pay.”

In other words, although the Economic Policy Institute suggests that the nation’s largest tech companies are assigning numerous H-1B workers to the two lowest pay levels, the Cato Institute believes the average pay for H-1B workers at those firms is nonetheless quite high: “For major companies like those EPI calls out in its report—such as Microsoft, Amazon, and Google—the average increases over the prevailing wage were substantial: 17 percent for Microsoft, 19 percent for Ama​zon​.com Services, and 64 percent for Google.”

According to the Cato Institute, the DOL data also shows that many companies are also paying H-1B workers in those lower pay levels “the prevailing market wage for U.S. workers at the workers’ skill levels in 2019,” with many workers paid higher than the prevailing wage. It backs up these assertions with some charts that are well worth reviewing.

“If employers carried out EPI’s recommendation, it would result in H‐​1Bs being paid far more than comparably skilled U.S. workers in the same occupation,” the Cato Institute concluded. “Obviously, this is an untenable result, and instead, the policy would effectively ban hiring nearly all H-1B workers.”

Which side is right? The Cato Institute has some strong words for the Economic Policy Institute’s analysis, branding some of its assertions “false.” As with many reports of this type, it all comes down to the underlying analytical model, including which inputs and outputs to focus on. If you’re curious about H-1B wages and their impact on the broader economy (and tech), both reports are well worth reading back-to-back.