Backlash stirs in US against foreign worker visas

[xelite777]

Wouldn't the difference have to be substantial to justify the hiring from abroad, integration into the company and so on?

The difference is quite substantial, I can assure you.

In the long run, US, European and Asian companies save BILLIONS by outsourcing.

Are laws supposed to protect American workers from competition from abroad

Remember just one thing: National and international laws are supposed to protect the Elite and the Elite only, NOT the average worker or Joe Six Pack.

but not supposed to protect US employers from paying too much for workforce?

There is no such thing as "paying too much" for workforce. And paying "too much" according to what criteria, exactly?

 

[xelite777]

Exactly! And I like it

Well good for you then, enjoy while it lasts like they say...

 

[Amalgam]

In an advanced country like the US that is just coming out of a near depression and 6% unemployment, H1-B's shouldn't exist. It's laughable that the world class American higher education system can't produce skilled workers but India's can. This is all about saving corporations on labor costs. But most Americans own few equities so the increase in market values in no way makes up for lost wages.

 

[Maverick74]

No.

Why would a US company hire American employee A for $100.000 a year rather than employee B from country XYZ for only $20.000 a year (both workers being equally qualified)?

Why would you buy a pack of cigarettes for $12 in the US when you could buy the same exact pack for $2 elsewhere in the world?

Supply and demand, unfortunately. We no longer live in a specific country but in a big village called Earth.

Whoa there horsy. What makes you think employee A deserves 100k? Labor is usually bid up to but not more then it's replacement cost.

 

[kut2k2]

If someone is really skilled worker, programmer, ... he/she will have always plenty of work.
Soooo, are you socialists guys? I thought that traders are focused on results, cost effectivity and stuff like that...

You don't have to be a socialist to realize unbridled capitalism is bad for a nation. And wtf does retail trading have to do with running a workforce? The two can go together but very seldom do.

http://www.elitetrader.com/vb/showpost.php?p=3840915&postcount=20

Bottom line: if you can't afford to pay decent American wages to your workforce, then you have no business being in business in America. It's a privilege, not a right.

 

[smallStops]

Could it be time for far more Americans to be starting companies?
and could it be time for US taxes to be siphoned into American start-up instead
of being sent to massacre people in the middle east?
After all if these companies did not do well, it would have been the start-up founder loss. So in my views, businessmen can do absolutely what they want under the Law.

 

[xelite777]

What makes you think employee A deserves 100k?

I am not assuming anything Maverick, it's just supply and demand.

If you were the CEO of a big US or European company, would you rather hire workers at 20K/year salary (from a foreign country) or $80K/year (from your own country), for the same exact position, assuming they both have the same skill/experience?

Seriously.

Supply and demand my friend, the great equalizer.

Or so they say.

 

[Maverick74]

Could it be time for far more Americans to be starting companies?
and could it be time for US taxes to be siphoned into American start-up instead
of being sent to massacre people in the middle east?
After all if these companies did not do well, it would have been the start-up founder loss. So in my views, businessmen can do absolutely what they want under the Law.

Come again?

 

[smallStops]

Come again?

explain.

 

[Maverick74]

I am not assuming anything Maverick, it's just supply and demand.

If you were the CEO of a big US or European company, would you rather hire workers at 20K/year salary (from a foreign country) or $80K/year (from your own country), for the same exact position, assuming they both have the same skill/experience?

Seriously.

Supply and demand my friend, the great equalizer.

Or so they say.

No dude, you probably have not run a business before. For non skilled labor, sure, I'll take anyone. But for skilled labor? Come on man, there is no such thing as same skill and experience. No such thing even in this country. No two people have the same skill and experience for any job. That is why companies pay recruiters huge bucks to find skilled labor. If skilled labor was indifferent, recruiters would not exist. They exist because skill and experience are VERY hard to value.

Now if you are talking about running a credit card call center in India, well sure, fine. If you are talking about people working in some factory putting widgets together, fine. But skilled labor, hell no the CEO of a big company is going to hire some schmuck from Bangladesh to handle intellectual property that could be worth in the billions. Come on pal, let's keep this conversation serious.