I have posted this on here before and I’ll post it again.
I’m a consultant. I do projects for big banks. In the very large bank I work for now, I am not exaggerating when I tell you that about 1/4th of the people doing back office functions (accounting, finance, auditing, etc) are Indian H1B visa holders. It might even be 1/3rd. They themselves have told me they get paid less money than Americans when I asked why there were so many. No, these are not people with masters degrees in computer science. These are mostly lower level standard white collar jobs that should be filled with 20 and 30 something Americans.
I have noticed this for years even during the Great Recession. This is a scandal. I’m amazed it doesn’t get brought up more often. Those should be overwhelmingly Americans in those jobs. Yes, the banks would have to pay more. Too bad. It’s terrible for the country to allow this. Not only do Americans get denied those jobs and have to take lesser jobs, but where are the middle and upper middle managers (about my level) going to come from in 10-15 years if younger Americans are denied many of these jobs today?
We not only need to keep out illegals, we need to tighten up legal work visas given out. Companies are lying when they say they can’t find qualified Americans. They just don’t want to pay more.
PS I should add I have a buddy who works for a different big bank in NTC and he says it’s exactly the same there. We both largely escaped that because we’re in our 40s and are about one level too high to see much of that, but those 1-2 decades younger are really being denied opportunities because of it.
“Companies are lying when they say they can’t find qualified Americans.”
They are omitting one thing which makes it a lie, they are failing to state they cannot find qualified Americans who will work for their peasant wages.
I m seeing the same thing at my current company, and they want to take over more and more of the IT department.
Unfortunately we’ve been able to demonstrate a level of incompetence that would preclude that.
In fact we are almost to the point of initiating an audit of what the heck they’ve been doing with our databases
“Companies are lying when they say they can’t find qualified Americans.”
The low salaries that the H1-B program enables make this a self-fulfilling prophecy. Higher salaries would motivate more of the best and brightest into STEM, and motivate those already in STEM to get higher degrees.
Absolute true. This is just as if not even more pressing than deporting the illegals because the damage to Americans’ salaries and job prospects from all this cheap imported labor is ruining an entire generation of Americans who will never have good opportunities in the job market again. It’s a way to ensure a permanent depression for our country. And frightening btw to realize, as you say, that almost a quarter or more of sensitive back office jobs are being done by underpaid imported slaves from India with no prospect of advancement. I used to wonder how all these data-breaches happened that spilled out Americans personal information, how there could be so many corrupt people on the inside leaking this info to criminals. Now we know. The banks, government and other big businesses love to hire slave labor, which in turn has no loyalty to the company let alone the American nation or its people. These visas need to be completely shut down.
we need to tighten up legal work visas given out.
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Many people don’t realize that ‘visa overstays’ are now
as large or larger than the illegals coming in across our
southern border.
https://www.google.com/search?q=visa+overstays&ie=utf-8&oe=utf-8&client=firefox-b-1