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70%of H-1B visas go to India. Are US companies that beholden to India for engineers? Would the companies lose their competitive edge if they hired American born workers? Why do we have to prop up India and their citizens for jobs ?
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There are two things here. One is simply finding someone qualified for the position. That can be a real struggle.
The second is compensation. IF you can hire "Indians" and pay them less, it's a good thing costwise. I doubt that is possible in most large companies. It is IF you place them in India as contractors, but not as employees.
This COULD be a reason salaries have not expanded as fast as one might think in a very tight labor market. Or not.
If US unemployment were higher, I'd say the first thing is a problem, but it's not of course. Any American qualified in a STEM field with a decent resume is going to get hired quickly. The compensation angle is more difficult to decouple.
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I had three people in India who "worked for me" on a contract basis. I had trouble keeping them occupied usually. They had advanced degrees and we paid them peanuts. I think the "loaded cost" was something like $85 K a year, for all three. They did searches of literature and wrote reports in general.
Had we hired them, their loaded cost would have been 15x that if they were US based.
I used them to generate a TPS Report each week. Seriously, that is what I called it.