New H1-B Visa bill doubles the salary requirements to $130K/yr
Here is the summary straight from the horses mouth: <a href="https://lofgren.house.gov/uploadedfiles/high_skilled_bill_sxs_and_analysis_-1-2017__final.pdf" rel="nofollow">https://lofgren.house.gov/uploadedfiles/high_skilled_bill_sx...</a><p>A few points:<p>- This does not raise the salary requirement to $130k/yr. This only applies to employers that do not want to do the extra paper work for "attestations regarding recruitment and non-displacement of U.S. workers"<p>- It takes a "market based" allocation strategy which allows "cash bonuses and similar compensation" to be included. This is a joke.<p>- Startups and small businesses will get 20% of the visas. It'll be interesting to see how this is gamed<p>- This does not fix the Corporate/Higher Ed partnership loophole<p>- This does not fix the power imbalance between visa holders and employers<p>I personally don't see this bill going anywhere. Zoe just needs to look like she is doing something.