First off I am against raising the wage to something like $200,000 or some other high amount. I am for limiting their wage to what they would get in their own country. Some would think this the opposite effect of what the high wage would do would be wrong. Here is why, the reason is that they come here because the value of their currency. A dollar there will go much further than their own currency will so they will want to come here. However, if their pay was equivalent to the pay in their own country they would not want to spend the bucks to come here.
I recently sat down and spoke with a couple from India who was schooled in the US. They flat out said that in order to get a job here those in IT exaggerate on their resume. A while back I was looking into devBootcamps. All of these stated that the instructor had over 7 years of experience in that particular language. I took a class which promised job placement. The instructor told me to take creative liberties with my resume. After working with co-workers who hailed from India, I am sure a vast majority of them neither had the experience nor the background to be in the position they were in. American companies don’t vette these employees because they believe their Indian counterparts did. Also, it is expensive for the American company to do so.
I am for whatever works to cut down the H1-B visas into this country. A $200K a year job in the USA given to an H1-B visa is a $200K job a US citizen doesn’t get.
I disagree.
In the business world, $200K is a threshold salary.
Most American employees who earn more than that have truly exceptional or truly unique professional skills.
Hiring foreign workers at $200K and over will displace very few Americans.
Instead, it will significantly increase the American talent pool of exceptional workers, and significantly increase the number of people earning more than $200K.