| Reposting my response from a different thread: Every time you file an H1B Visa, you pay something called a ACWIA Fee (“American Competitiveness and Workforce Improvement Act of 1998”). For employers who have between 1-25 full-time workers, the American Competitiveness and Workforce Improvement Act fee is $750. For employers with 26 or more full-time employees, the fee is $1,500. [1] This fee was established to fund training and education programs administered by the Department of Labor. As of 2018, there were 420K active H1B visas in the USA. These people need to renew their visas every 3 years (most are Indians and they can never become PR in their lifetime). So that means 300-630 million USD is being added to this fund on a recurring basis over a 3 year period. I wonder where all that money went. [1] https://www.immi-usa.com/h1b-visa-processing-fees-2016/ |
Oh wait...
That’s a very interesting thing, I had no idea. So a sensible thing to do would be to increase that fee substantially and have it go straight to subsidizing degree programs that aren’t creating enough home grown talent.
In other words, the company should expect to pay close to market rate per H1B plus the fee.
We remove the incentives to abuse the program for cost reduction, and straight up use the fees to fund college.
That brings me to some weird job posts that I keep seeing for some large bank. The role was for ‘Specialist’ developer, and I wonder if it really is some specialist role that they can’t fill in a major city (seemed like typical web developer stuff).
Shrugs, say it ain’t so, would hate to know that’s how it’s being gamed.