Bill to Raise H-1B Minimum Wage

[Ashotep]

Quote

One major change to that system is already under discussion: making it harder for companies to use H-1B workers to replace Americans by simply giving the foreign workers a raise. The “Protect and Grow American Jobs Act,” introduced last week by Rep. Darrell Issa, R-Calif. and Scott Peters, D-Calif., would significantly raise the wages of workers who get H-1B visas. If the bill becomes law, the minimum wage paid to H-1B workers would rise to at least $100,000 annually, and be adjusted it for inflation. Right now, the minimum is $60,000.

https://www.spartareport.com/2017/01/darrel-issa-puts-forth-a-bill-to-raise-h-1b-minimum-wage-to-100000/

 

Quote

U.S. workers can be displaced by H-1B-dependent employers -- such as IT outsourcing firms -- provided the visa holder has a master's degree or the company pays visa workers at least $60,000. This salary level has not changed in 18 years.

http://www.computerworld.com/article/3098627/it-careers/issa-bill-would-kill-a-big-h-1b-loophole.html

I hope they do raise it.  If you notice in the below article in 2013 the medium salary for a college grad with no debt is slightly higher than what is required to pay a H-1B visa holder, well below what people made in 1989.  Not saying these visas are the only reason but they are part of it.  Robots and outsourcing of jobs are the other.

http://www.zerohedge.com/news/2017-01-14/why-millennials-are-behind-they-earn-20-less-boomers-did-same-age