Channel insider collected all job seekers comments and posted the details of the current job market crisis. Employers are paying low salaries for IT jobs is the central point of all the comments it received.
Outsourcing is a hit or miss – One comment about H1-B is quite interesting and It is true to some extent I feel “The worse thing that ever happened to U.S. businesses is the advent of the H1B visas and international outsourcing.” Employers want all technologies in a person but pays 30 to 40% lower than market rates , 12 to 17$ per hour , make existing employee work overtime with out additional pay, $30k to $50K for a experienced web developer.
If this is the case then we can imagine the productivity of the work done by low rate charged employees. Historically US productivity is superior and only future will tell us how this model of employers going for cheap low pay rates will work out or not.