Hacker News new | ask | show | jobs
by sarchertech 267 days ago
>Amazon has over 10k H1B workers. Think about how much money it means.

Something like 0.3% of their yearly profit.

They're already paying probably somewhere near $200k a year more. Clearly it's not for no good reason. Clearly there is some advantage to employing them here if they are already willing to pay $200k more than they have to.

An extra $100k doesn't erase whatever that value is. The question is, is employing them here worth $200k to Amazon, but not $300k? Likely the case for some employees, but almost certainly not all.

1 comments

Care to show your math?
From your post

>while paying a third of the salary

If they're paying $300k, they are paying $200k extra to employ that person in the US.

That 0.3% seems quite a bit off.
10k * 100k is 1 billion, which is 0.3% of 300 billion.