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To: ketsu; WheresMyBailout
H1B visa holders are supposed to leave the country if they get laid off and cannot find another job within 10 days.

H1B holders who are direct employees make as much as American programmers. The disparity in wages comes from Indians and Russians themselves. There are dozens of placement companies run by Indians and Russians who do the paperwork for visa and bring these programmers into the US as their employees. They are then placed as consultants in major companies that pay these middlemen MORE THAN the salary of a programmer.

Why "MORE THAN?" Because they get paid the consulting rate which is higher than the salary. The middlemen pay a salary of 45-50,000 per year and pocket the rest which is around 75,000 a year. This is how the average salary for H1Bs comes down. As far as companies like Intel or Microsoft are concerned, they're paying the full rate.
32 posted on 02/12/2009 6:55:53 AM PST by JimWayne
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To: JimWayne
Why "MORE THAN?" Because they get paid the consulting rate which is higher than the salary. The middlemen pay a salary of 45-50,000 per year and pocket the rest which is around 75,000 a year. This is how the average salary for H1Bs comes down. As far as companies like Intel or Microsoft are concerned, they're paying the full rate.
That is nowhere near the full rate. You're ignoring costs other than salary. Once you add bennies and all the other costs for an equivalent employee you're *far* cheaper than the equivalent American. Even direct employees make $13,000 less than the comparable American.

Your argument doesn't work.

39 posted on 02/12/2009 6:33:44 PM PST by ketsu (It’s not a campaign. It’s a taxpayer-funded farewell tour.)
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