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by gopalv
3370 days ago
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> The bidding may go high, but it will only go as high as how much it would cost to hire an American instead. If someone made a "tech H-1B" bucket that would work, because the training lag is short(er). Speciality professions have a long lag before policy changes circle back to results - H-1B's wide reach covers anesthesiologists and radiologists too. The immediate effect of forcing a price war is that you get folks who are at the end of their careers instead of folks in the middle of their careers. The way this plays out is that the mid-career gets starved - because you get experts even if you don't nurture the 45 year old into being one. And you end up with a 55 year old expert working with a 28 year old who's on the verge of going back to do some more research, fully knowing that there aren't any 40 year olds who will stick around there to pass their chair to in a few years. Money isn't time ... and this is one case, where the supply-side needs to be worked on, not the demand surge. |
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