Comment Re:JPMorgan Says $100K 'Prices Out H-1B' (Score 1) 125
“I’d have to think twice about making that decision [to pay $100k for H-1B],” Danzberger said. “In good conscience, I couldn’t do that. I’d just have to, you know, take the time to find somebody who’s already here.”
- CEO of Brooklyn Park-based Aprios Custom Manufacturing,
Minneapolis Star Tribune
"...take the time to fine somebody who is already here." Wow. The fact is that it is less costly to hire H-1B than it is to hire locally and train, etc. Including the risk the new hire will soon leave for another, better, position. The way to prevent that is to pay good wages, good beneifts, have a decent work environment, treat them well, basically make it pleasant enough that a worker wants to stay. And hey, no doubt, I presume hiring young people today is a dispiriting task. I can only imagine how annoying the the talent pool can be.
But many execs prefer the Machiavelli route, "...but fear preserves you by a dread of punishment which never fails." which applied to H-1B's is the fear of your employment being terminated and you have to return to your country of origin.