Yes. If you bring someone in for $50K but their market price is $90K and it's easy to switch, why would that person not switch jobs ASAP?
When that happens, the company takes a hit and is less likely next time to bring in more people because of the associated costs of HR, interviews , visa fees, immigration lawyers, onboarding, time wasted on getting them up to speed on the project etc.
It would be a huge blow to body shops.
This results in fewer people coming in unless they are really needed.
Right now H1B employees are stuck in jobs without normal pay hikes for years and can be forced to work longer hours. That's how the companies make their costs back and much more.
When that happens, the company takes a hit and is less likely next time to bring in more people because of the associated costs of HR, interviews , visa fees, immigration lawyers, onboarding, time wasted on getting them up to speed on the project etc.
It would be a huge blow to body shops.
This results in fewer people coming in unless they are really needed.
Right now H1B employees are stuck in jobs without normal pay hikes for years and can be forced to work longer hours. That's how the companies make their costs back and much more.