It's not enough. 200k would makes sense.
The problem here is that a whole professor of computer science from India will be happily earning $12,000 a year in their home country. This isn't even an entry-level person who would be applying for the $140,000 job in California, but a late career expert.. I can very easily see the Indian H1B Mills deducting The 100,000 from such a job, and paying 40,000 to the employee who would gladly work for this amount just for the privilege of remaining in the land of milk and honey.
As it stands now, This program will just cause double extortion. The Treasury will use it to extort the H1B companies, who will then extort and exploit the Indian workers. I suspect that nothing will change about the program, except more Indians on the west coast living with 3 people sharing a bedroom.
Not exactly. The H1B visa isn't for a single year, it's for multiple years so it's only paid during the first year. If you reread Trump statement he is saying that his executive order stands for one year. Not that The payment will be yearly.
Again I'm skeptical that he's actually trying to discourage H-1B's. This is just another clever way to increase government revenue by charging a foreigner tax. If the goal was to Decrease the usage of h1bs, Then the penalty should be far higher than the salary of the job.
I may be an outlier, but I personally Believe the program should only be used to bring in experts and world class talents. Think of an Einstein or warner vonnbraun. In these instances, they are willing to pay far more than they pay a domestic employee because the skill set is literally impossible to find. It shouldn't be abused the way it is being abused currently to bringing entry level people and mid-level people. And certainly shouldn't be going to mundane jobs. There was a poster last year who posted a receipt of one of these Indian H1B Mills submitting an application for a janitor.