"First, Levie said that the government had to clarify the goals of such a policy. "What are we optimizing for?" he asked. "Are we optimizing for, we don't want to have wages go down? That's an interesting thing," Levie said. "Are we optimizing for just ensuring that we only have the highest merit people on the planet coming here? Those are all totally different goals to optimize for.""
"If he had his way, Levie said he would optimize for the latter, bringing in the best talent. His strategy would be to bring the "absolute best in the world here." That doesn't mean an H-1B policy could set a hard cap on the number of visas granted. There's not a "fixed number" of the world's best talent, Levie said. "Some years there might be 5,000, some years there might be 50,000, some years there might be 80,000," he said."
President Donald Trump's proposed $100,000 fee on H-1B visas has become divisive among the business community, with arguments that it could prevent over-hiring of international applicants while also potentially weakening startups and innovation. Six attributes for an effective H-1B policy include clarifying policy goals, choosing whether to prioritize wage protection or top global merit, optimizing for the absolute best talent, avoiding a fixed visa cap, recognizing that the number of suitable candidates varies yearly, and addressing concerns that H-1B access can suppress wages or displace domestic labor.
Read at Business Insider
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