Tech Startups Say New Pay Rules for H-1B Visas Are Unaffordable

Here is the requirement from gov website for H1B<p>&quot;The H-1B program applies to employers seeking to hire nonimmigrant aliens as workers in specialty occupations or as fashion models of distinguished merit and ability.&quot;<p>For companies looking for extraordinary talent, this rule boon.<p>Companies tring to hire cheap labour will have difficult time facing the new rule.

This reminds me of the minimum wage dispute.<p>Society steps in to bargain for workers if it believes the typical worker’s decision making is actually harming society.<p>E.g. taking 7$&#x2F;hr jobs without benefits depresses wages of local workers, etc.

$208k minimum salary does seem a little steep in order to justify hiring a foreign worker over an American. But, at least I like that startups are saying &quot;it&#x27;s too expensive&quot; rather than &quot;there&#x27;s a talent shortage!&quot; There&#x27;s never been a &quot;talent shortage.&quot; There&#x27;s been a lack of incentive for said talent to join tech companies. Money is an easy way to make up for said lack of incentive, but companies don&#x27;t want to open their wallets enough to get rid of the &quot;talent shortage.&quot;