The prevailing wage rule is a joke, for several reasons:
1. The ostensible reason for the H-1B program is a shortage of technical know-how, yet most H-1Bs are under 30 and most unemployed Americans are over 35. Wages comparison is moot when you pit junior jobs against senior jobs - again, in view of experience being the supposed goal of the program.
2. Wages do not account for working hours. If you work 12-hour days, your salary is effectively significantly lower than if you work 8-hour days.
3. Wages do not account for the downward pressure on market competition. If you are handcuffed into your job per your visa conditions, you can't shop for better offers elsewhere.
1. The ostensible reason for the H-1B program is a shortage of technical know-how, yet most H-1Bs are under 30 and most unemployed Americans are over 35. Wages comparison is moot when you pit junior jobs against senior jobs - again, in view of experience being the supposed goal of the program.
2. Wages do not account for working hours. If you work 12-hour days, your salary is effectively significantly lower than if you work 8-hour days.
3. Wages do not account for the downward pressure on market competition. If you are handcuffed into your job per your visa conditions, you can't shop for better offers elsewhere.
Better explanation here:
http://heather.cs.ucdavis.edu/h1b.html