this post was submitted on 10 Nov 2023
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Why pay for local talent when you can hire overseas visa slaves and abuse them. You save a ton of money and they have to work like dogs to be able to stay in the country.
You do not save any money as you cannot pay them less than residents for the same position/ work.
What you get is: One, they usually have the talent they want to bring identified already n(someone who works at Apple in India, for instance)
Two, they get some stability because on those visas it is harder to hop jobs (used to be almost impossible, now it is just harder). But frankly, with Apple in your resume it is not that hard at all.
Those "slaves" are being paid 200K-500K total comp, more as they get promoted. There are plenty of local engineers and developers willing to work a lot of hours for that much - this isn't a race to the bottom for extra work or lower pay, it's literally a skill issue.
Those overseas hires are making the same as a local. They’re targeting the best foreign talent, this isn’t about saving on labor costs.