Because the person they are importing is probably brighter than you. If you're talented and smart you come to the US and likely the Bay Area (or west coast) to work in tech. Why? For the same reason that baseball players all end up in the US and Soccer players end up in Europe: they all want to play against, and with the best in the big show.
All the H1B's I have worked with are whip smart, hard working, and in general amazing people. I cant say the same for all my localy sourced colleges. The tragedy of the economics in most of these cases was that they were making the same amount of money as their peers and not more...
In a lot of cases companies are getting a Steff Curry or a Lionel Messi and paying them the average of the rest of the team...
> All the H1B's I have worked with are whip smart, hard working, and in general amazing people.
That's surprising; for me, H-1Bs have run the gamut, with a range of talent and ambition that's pretty similar to the range of talent and ambition I see with US-born workers. And I think this is perhaps the problem: your experience should be the norm, if the H-1 visa program is functioning properly, but I don't think that's the case.
Among my friends who have been on H-1Bs, they tend to be high performers, but that's just selection bias at work.
Mathematically if we collected all the brightest people from both these nations, say the top 5 percent of their population thats 100 million people in that pool to pick from.
So you’re going to pay an extra $100k a year per foreign national just to hire them when a domestic employee would be cheaper and pretty much the same.
All the H1B's I have worked with are whip smart, hard working, and in general amazing people. I cant say the same for all my localy sourced colleges. The tragedy of the economics in most of these cases was that they were making the same amount of money as their peers and not more...
In a lot of cases companies are getting a Steff Curry or a Lionel Messi and paying them the average of the rest of the team...