[ojbyrne]

H1Bs are transferrable. I did it at least twice.

[arcticbull]

Transfers are cap-exempt, but the new employer still needs to file LCA and hence do the prevailing wage determination. You're effectively applying for a new H-1B for the balance of the time remaining on the first one, exempt from the cap. [1]

[1] https://flag.dol.gov/programs/LCA