It definitely suppresses TECH worker pay and decreases mobility. For the H1B they become indentured servants often working 60+ hrs a week.
H1B holders are paid less for the same job, keeping wages down.
H1B holders are paid less for the same job, keeping wages down.
Cap-exempt H1B holders working for universities are restricted to switching only to other cap-exempt employers, but even then I never felt I had to work 60+ hours a week.
In my experience recruiters saw H1B transfers as routine but would ghost me once I explained that I required a new visa sponsorship since I worked or a cap-exempt employer and could not simply transfer.
Yes: software developer incomes are high. But simultaneously, unemployment amongst CS grads at American universities is also high.
This compares medians across to huge populations. I have seen many H1Bs making less and working more.
See also Understanding H-1B Minimum Salary Requirements for Eligibility - https://day1cpt.org/news/understanding-h-1b-minimum-salary-r...