H-1B Salaries at JPMorgan Show What Banking Tech Pays for Visa Hires

The article fails to mention that most of the programming jobs and salaries listed are far below what the same positions paid in 1998 – 20 years ago. And below the prevailing wage, which is illegal under H-1B law.

If you adjust a 1998 $140K salary for inflation, over 20 years, the prevailing wage today should be more like around $240K – which only the VP and exec positions listed paid.

More proof H-1B is about cheap labor and is illegally being used to fix wages – which is a federal crime under US law. Why haven’t JPMoragn’s execs been arrested for criminal wage fixing since their own data proves that is what they are doing?