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Trump to impose $100k fee for H-1B worker visas, White House says

(www.reuters.com)
1195 points mriguy | 1 comments | 19 Sep 25 19:59 UTC | HN request time: 0.203s | source
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jatins ◴[19 Sep 25 20:32 UTC] No.45306204[source]▶
While the stated intention is to prevent abuse by consultancies, I think this effectively kills the H1B program. Who will be able to afford this?

Not startups. 100k is like 75% of base comp in most bay area startups

Among BigTech, maybe like ~20 companies will be willing to pay this per employee.

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1. Sevii ◴[19 Sep 25 20:58 UTC] No.45306502[source]▶
It's not a bad thing if FAANG gets every single H1B visa. There has long been a complaint that FAANG is willing to pay 300k+/head in salaries but instead Cognizant gets the visa and pays 60k/head. If we have a limited visa pool it makes no sense to give visas to low paying employers until FAANG is completely saturated.