10% unemployment but H1B visas accelerating

Discussion in 'Wall St. News' started by noob_trad3r, Dec 10, 2009.

  1. gwb-trading

    gwb-trading

    Of course you recognize that the biggest problem that American companies have with offshore operations in India is the high turnover. Most tech people in India leave a job in a mere 13 months in order to jump down the road for a larger paycheck. The focus offshore is on cheap labor for the American companies.

    American companies keep moving tech jobs offshore and don't seem to think that having 25% turnover or more each year is a big problem. Applying a similar standard we must make the case that most American companies don't really care about turnover onshore either; they are really focused on cheap labor. Most H1-B holders I have worked with in the U.S. earned only 60% of what an equivalent American engineer earned. A good portion were paid less than fresh American computer science college graduates. Most left the company immediately after they got their green card to move down the road for higher wages.

    In summary, the argument you make above is nonsense. Most large American tech companies do not care about retaining and training their tech workers. In fact most would like to see them move on when they become to "senior" and expensive so they can be replaced by cheap labor.
     
    #111     Dec 10, 2009
  2. GWB - I don't know of any company that likes to see it's best employees leave. In fact, companies do everything they can to keep their top people happy, to an extent. In the private world, if you don't have top-notch employess that can deliver, your product won't make it to market in time to compete and the company goes out of business. Having a star employee leave to be replaced with someone unproven is a huge risk in a competitive marketplace. The private world is not socialist, ie people are not interchangeable parts.

    Your argument comparing training costs in India to America has some holes. India has a glut of trained technical workers so the costs to "get them up to speed" are lower. America obviously has not as many trained engineers, and they start at a higher salary, so the training costs in America are higher.

    I'm simply stating facts. I have always been strongly against the H1B program. But in the video you see the strong desire to not hire American workers. I'm pointing out some of the reasons for that.
     
    #112     Dec 10, 2009
  3. Has anyone ever give an thought to off shoring and identity theft?

    A couple of years back I applied for a new visa for the frequent flyer miles and recognize a heavy accent, she says from Philippines. I say no way let me talk to some in the US. Nothing against foreigners, but I am not giving my SS # to someone in India or anywhere else for that matter. Yes I know Big 5 firms outsource taxes to India, but doesn't this concern anyone esp. since identity theft is the fastest growing crime? How do our laws protect us from this kind of thing?
     
    #113     Dec 10, 2009
  4. "How do our laws protect us from this kind of thing?"

    very simple - they dont

    you just have to rely on the good will of someone in India, who thinks you're fat, lazy, dont deserve what you have becasue your ancestors stole it from the native americans and owned slaves, and also has zero chance of getting caught and convicted
     
    #114     Dec 10, 2009
  5. Try to use critical thinking. The point is that the HB1 Visa program is a scam, nothing more. It should not be around in the form that it is now.
    If you did any research on how it is implemented, you may change your opinion. However, I doubt you have the ability to do so.
     
    #115     Dec 11, 2009
  6. No it does not, particularly when it comes to IB first year hires.
     
    #116     Dec 11, 2009
  7. Wow you're so full of sh8t and straight out STUPID.
     
    #117     Dec 11, 2009
  8. Sorry - that was some stupid answer to stupid attack that was done on me.

    I know a lot about H1B because until recently I was also on same so called slavery. So I beg to differ on your comment about my understating on this topic.

    If your research is based on studies done in last decade then I'll request you to kindly refresh your clocks and concentrate on present.

    IMHO, the whole discussion is wrapped around this point. We both fully agree upon H1B being bad for local talent pool.

    But main question is, if H1B is abolished, will American companies

    * Start hiring local people.
    or
    * Ship majority of those jobs to offshore.

    This is where I'm differing. It's pure speculation and there is no way to prove other side wrong here.

    My stand is still same: H1B is a less severe by-product of globalization policy that USA adapted more than decades ago.

    Can we UNDO it now?

    You can call dip as a buying opportunity and I can call it a top was made. No issues - pure speculation.

    Sorry for all rude comments that I made. The discussion got heated but my attack was never the first.

    Good luck all - happy trading.
     
    #118     Dec 11, 2009
  9. I have been in IT for twenty years and the H-1Bs I know are nothing special. The notion of a "brain drain" is valid only if we are importing people of exceptional quality, but there is no evidence of that.

    The corporate controlled media manufactures a nonexistant worker shortage which people hear on TV and mindlessly parrot. Thus, the populace is distracted from the real motive for H-1B: cheap indentured labor.

    It is just like Chomsky says. When you control the media, you can shape how people think about an issue and manufacture consent. They've got us convinced that the American worker is worthless, and the country can't survive without foreigners.

    If Americans don't study engineering, maybe they know something. Maybe if corporations didn't treat engineers like disposable paper plates, more students would choose it as a career.
     
    #119     Dec 11, 2009
  10. I have not read any of the posts ITT but with that said - has anyone taken the time to look at the percent breakout of the HB1 Visa receivers and what they actually do?

    I used to work at a company in a rural area and we hired roughly 1,100 HB1's a year - almost 2% of the annual allowance.

    Can anyone tell me what jobs we couldn't get Americans to fill?
     
    #120     Dec 11, 2009