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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: fatty who wrote (7879)1/5/2003 7:46:42 PM
From: jt101Read Replies (2) of 306849
 
<<From my experience, there are lots of abuses with this process. In effort to keep the H1-B (who usually works much harder and endures more promotion/raise discriminations), the employer often exeggerated the H1-B's qualifications and responsibilities to make sure that no body ever wanted to apply for that job.>>

I agree with you, though I am sure some here don't. I don't know the current situation, but I can say with certainty that H1B did have some plus points. I remember in summer/fall 1998, there was a task to make sure the system is Y2K compatible. (Whether this was essential or not is a different topic altogether). The rates quoted by the leading US consulting companies were $175/hour for programmers and $300/hour for the team lead. Fortunately some Indian company quoted rates at $65/hour and $90/hour respectively and they finished the work in 3 months compared to the average 4 months quoted by leading IT company here. Why should one pay such high dollars for a simple task involving checking COBOL code? It is after all free and open market and it is part of Globalization.

In countries like Malaysia/India/China, a lot of local restaurant owners are complaining about KFC/McD/Pizza hut etc.. killing their business, but the process is continuing... In the end, the one who offers the most value-for-money (VFM) wins... It is as simple as that...

The sad irony is, the more the opposition to H1B program here, the more jobs will move overseas, to India /Ireland /China/ Polad /Russia...
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