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Does the H1B Visa Program decreases Oracle salaries?

This article by Lewis Cunningham notes concerns among some Oracle professionals about the use of the H1B visa program and its impact on Oracle database professionals:

"I am opposed to multi-nationals using that program to drive down wages.

I don't buy the argument that the companies can't find qualified employees, they just can't find qualified employees willing to work for less than what the job is worth.

Bringing in cheap labor makes the job worth less."

This is interesting, especially when we see salaries increasing, not decreasing for Oracle professionals with stellar backgrounds.

I've noted that Oracle Corporation is not using many H1B visas for product development and many other companies are aggressively hiring grads from the top universities, with very attractive salaries:

"According to the e-mail, Oracle recruits "top candidates" for product development from MIT, Stanford, CMU (likely Carnegie Mellon University), Princeton, Wisconsin, Yale, Dartmouth, Brown, Caltech, Berkeley, Harvard and Cornell."



 

 
 
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