[safog]

Engineers are getting paid 200k p/y out of school and you think there's some magical downward pressure on wages?

Even now companies are giving up on the legal immigration system and hiring outside the US. Canada has a much saner system. Gigantic engineering offices in India and China.

The US treats it as some zero sum game between citizens / immigrants and is losing out on taxes, economic spending (every HC outside the US is less spend in the US local economies).

[wil421]

Most graduates, especially engineers, are not seeing $200k out of school. HN is skewed highly towards people in FAANG and SF where salaries are out of the norm for most positions.

I know a few fresh out of school lawyers and they are right below $200k. I could imagine doctors in certain specialties are the only grads getting paid an average of $200k+.

[safog]

You're not going to have doctor salaries for engineers by cutting immigration. Jobs will just move elsewhere.

[zen_1]

Canadians who grew up in metros like Toronto and Vancouver are getting priced out of housing in large part because we've been getting ~600k immigrants per year (~300k direct immigrants + ~300k international students and TFWs who end up staying) while only building ~200k homes per year for the past 10 or so years.

[safog]

Seems like a home building problem then. Even if you're right (big if given out of country investment from rich Chinese ancestors was the cause of the Canadian housing bubble in the first place), you're ignoring the tax receipts and spending generated from high income techies who are only there because US immigration is shit.

[bcrosby95]

Most engineers aren't getting paid 200k out of school.

If you want to focus on the top of the top, which 200k out of school would be, then H1B1 should be a pure auction system: take the top X salaries offered, and let them in.

[michaelt]

So H1B visas are only available for jobs paying >$200k/year, right?

Oh wait...

[safog]

It's not worth discussing this because the reasons are well documented.

You need to adjust for cost of living, universities, hospitals, non profits don't pay as much etc.

There is a prevailing wage determination check for granting a H1. That rule was revised a few times, that's the right lever to pull.

You could make the prevailing wage requirements == median wage for a given experience in an area. Right now it's the 35th percentile.

[mixmastamyk]

Never made that much, with twenty years of experience. I could with extra effort.

Yes, workers should get a larger slice of the pie. Too much goes to the top.

[rangestransform]

yeah there is some magical downward pressure on wages due to layoffs, compared to last summer's job market

canadian tech wages are absolutely pennies compared to US wages, i'd hardly consider it an example to follow