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by incongruity 5005 days ago
If it were a genuine crisis, rather than a 'genuine crisis', wages would be genuinely rising more than they are, for anyone with anything close to the skills sought. Instead, this strikes me as a push to get cheaper workers, rather than actually paying for a scarce resource.

But maybe I'm just cynical.

2 comments

According to this:

http://www.bls.gov/news.release/ocwage.htm

Developer-related positions(both research and development), are some of the highest paid STEM-related positions available.

If you want to hire good physicists, you'll need to pay whatever the market rate is for physicists. But if you want to hire good software developers, you'll need to pay whatever the market rate is for software developers, and the fact that they cost four times more than physicists isn't really relevant.
Hmmm... bad example, since according to the provided link physicists make more than developers, both in mean and median.
It's not just wages, but the time it takes to find and employ a candidate, especially when the H1B quota is exhausted, and a foreign candidate cannot start work until late 2013.