Will the H1B holders who earn less than 100k continue to hold their VISA? Or will employers have to bump their salary/lay them off? This will mostly affect employment in non-IT fields as salaries are not always above 100k.
Most of the low profile H jobs will vanish. New H aspirants would not have any chance in future. Totally its bad for visa based jobs.
I am talking about the current job holders who earn less than 100k and not the new aspirants. Can the current holders of H1B continue their employment?
Again current folks under $100K may have difficult times to get their employers match that number unless and otherwise the employer cuts their margins/Clients are ready to pay more to match the change/Employees are really talented and find a higher paying jobs around. There is no math here, money should come from somewhere OR position becomes unbearable at that pay check and vanishes.