H1B visa reform bill, minimum wage to 130k?

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D2 - and how about college undergrads? If you can't find a job in the US you won't study in the US and pay tuition. And foreigners who usually pay higher tuition rates subsidize quite a bit of school spend. Who will make up for that gap? Mexico?

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Guys and gals, H1B dependent company like D4 and E3 have said!!!! Please keep that in mind when commenting. Can you all take a moment to read the bill before going crazy? There is no need to act like the world is ending unless you are planning to go join Cognizant or Infosys. The world might end because of Trump eventually, but not because of this proposed bill. Also, no foreign students will get screwed unless they plan to go join Infosys or Wipro after their Masters. So please, download Headspace and relax!

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A1 is right, I've heard this too, i.e. That the companies targeted will be specifically the outsourcing firms.

D2. Yes most of the H1Bs don't go to US grads. Ironic. But at present that's the only work visa US grads are eligible for. Btw, in the stats you posted a link for 50% of grads majored in math, engineering or business.

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@D1 Business majors typically don't qualify for an H1B visa. Most businesses don't bother trying for an H1B because there's so much oversupply for business students in the US.

3: Google, Facebook and Apple

D2 not true. Amazon and google, D hire mbas with a tech background in droves

D5 apple does not pay that much

Neither does amazon. Developers get 75-85k

I think D2 meant undergrad business majors...

SE fresh out of college do NOT get 130k salary. Only extreme cases get featured in the news so everybody thinks SE makes tons of money. Normally 90k-110k from Google(level 3), Apple, Amazon, Microsoft, and etc. Netflix and FB have given some crazy money to kids but they rarely do. 130K is definitely targeted for foreigners with Master's/PhD doing ML/AI/Deep Learning whatever.

Not that I am saying Trump thought this through and wanted to bring ML/AI experts. Trump prob thinks ML/AL as Terminator movie. What I am saying is tech industry, especially Software Engineer, is about same as SA1 paycheck in consulting with stocks vested every year.

Lastly, this is proposed. It has to get through Congress. Congress is owned and lobbied by firms. By the time this passes, all of you might have green cards (just kidding). There are still intelligent logical senators left on repub side and a good percentage of senate is dems. So again, use Headspace and relax!

Ok KPMG1. Seems like we are typing real time. Headspace time.

Can someone provide facts on if the Big 4s are H1 dependent or not?

Also, this is not Trumps bill or order. Its proposed by Lofgren. So please don't connect this to Trump. And please read the damn bill or an exec summary before freaking out!

I feel like setting a $130K min is useless because companies can and will find a way to falsely report salaries. I do hope that $130K doesn't affect all companies because that will effectively reduce the incentive for foreigners to receive higher education in US, which you can argue as an export of the country and stimulates the economy

@D5 We're around 11%. H1-B visa applications by company. http://www.myvisajobs.com/Reports/2016-H1B-Visa-Sponsor.aspx

D8: I whole heartedly disagree. No student comes to the US with the dream of working for cognizant or infosys.

@EY3 I agree with you. But if you read my statement more closely, my statement was assuming that the $130K min would affect all companies, which might eventually happen

Can someone check their LCA to verify if Deloitte is dependent?

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