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1311 points mriguy | 1 comments | | HN request time: 0.36s | source
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jatins ◴[] 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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kelnos ◴[] No.45307568[source]
Do startups often hire H-1Bs? I've only worked for a few, but they didn't start hiring H-1Bs until they we're fairly sizeable and had taken on a couple rounds of funding.

Certainly the $100k fee is going to make the application much more expensive (though you can amortize it across 3 or 6 years, right?), but it was already not exactly cheap to deal with the legal costs around H-1B employees.

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

I think that's a vast, vast underestimation. Most companies, even not-so-big ones, will continue to pay it. Maybe they'll think twice a bit more for future hires, and try harder to find someone local, which I don't think is a bad thing. Or, of course, this could just represent another factor in downward wage pressure across the board, which is bad.

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jusgu ◴[] No.45308635[source]
It’s 100k per year not per application. So you won’t be able to amortize across 3-6 years
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1. cryptonector ◴[] No.45313126[source]
But the EO is only good for one year, and anyways it's always subject to change, next week, next year, next President.