An H1b software engineer median is ~$120k.
Using other official sources, the median pay for US software engineers overall is... ~$120k.
An H1b software engineer median is ~$120k.
Using other official sources, the median pay for US software engineers overall is... ~$120k.
> you'd have to do a study to show that the talent couldn't have been trained in the US, and that an increased supply of workers didn't drag down salaries, either short or long-term.
If the median H1B for software is exactly the same as the overall median, it makes you wonder if the median would be different if the H1B was not an option available to employers.
Lower supply tends to drive the price up.
The whole premise of your original contention was that we should measure like-profession salaries to see whether or not there is an effect. Then when no effect was shown, you switched it up in favor of an argument that (again, incorrectly) predicts that such an effect can't be shown at all. That's not good faith discussion.
[1] Immigrant labor is arriving, by definition, in a pre-existing market. If immigrants can't be hired more cheaply than existing labor, by definition they can't be pulling wages down.
> Using other official sources, the median pay for US software engineers overall is... ~$120k.
So, it seems that if we remove H1b workers and assume that the demand would have stayed the same, then domestic salaries should have been higher. Assuming, of course, that companies won’t simply offshore.
Companies already do a lot of offshoring - you think any rational actor in this space that was hiring H1Bs isn't going to simply relocate them to more friendly jurisdictions for immigration?
On top of this, these are workers who would have otherwise paid tax in the US!
This was true before and after today.
Put another way, if all the H-1B jobs really can be offshored quickly and easily the way so many Indians and anti-Trump people here and elsewhere confidently predict, *that would have happened already*.
But yes, if that path doesn't exist, I don't think that global companies are going to start hiring American, they're going to continue hiring globally but take the path of least resistance towards bringing this talent onboard.
The flipside is that every american industry becomes less competitive globally without the H1b guys.
And it is the 10 times more competitive economy compared to non H1B importing nations.
Now you can argue you would prefer that those 200,000 jobs go to Americans, but on the scale of the overall economy, it really doesn’t matter. What’s far more important is the massive impact those 800,000 software engineers have on the rest of the economy. Four million IT jobs, the entire finance and healthcare and retail industries that are propped up on technology built by those people; whole technology companies like Uber or doordash that create entirely new labor markets.
Risk 25% of that capacity on the idea that we would rather have those industries built solely on domestically-grown engineering talent? Why would that be a good tradeoff?
The prospect of a $100k/year/employee visa tax makes opening an office in Europe so much more compelling.
I guess the people who can't be offshored will see their salaries go up so that's cool?
https://www.newsweek.com/computer-science-popular-college-ma...
Obviously there is not going to be a drop of 200k overnight, but I think the graduates of CS will be thankful there are more opportunities for them. These opportunities will drive more students to take CS classes in the US.
All I have is anecdotal conversations of people avoiding tech under the assumption that writing code would be off-shored.
You know what would provide job growth in high tech? Economic growth and expanding prosperity in the economy overall.
Maybe at FAANGs what you say is true. But at every place I've been when H1Bs ended up added (normally via consultancy or outsourcing) it was always to cut costs. And the only costs we were cutting was staff.
Then that $120,000 salary median can still represent a 50% undercut of similar Urban salaries for a profession.
I'm going to contend that that is the case. But I don't have time to chase down the statistics
Sure it's sound to argue that wages would be higher with more constraint supply.
BUT: The network effect of all SWE talent from across the globe moving to the US is also huge.
Probably, you'd have a smaller overall tax base without H1B. Make no mistake most countries would like to keep their H1B expats :)
If you really wanted to grow US supply of engineers, you'd have to start by fixing the education system, making it cheaper, and then wait 5 years.
This program was meant to allow talent that is not available in the US, so that gaps could be filled with experts from overseas.
Base salary, not total comp, the first year