This may work for tech, but I'm guessing there are quite a few other industries with low volumes of h1b applicants/workers which could utilize a "bidding system" to hire well below market rate due to decreased demand when compared to tech.
$150k cap across the board ensures that all industries are kept honest. A bidding system can be added on top of that, if needed, but this extremely simple fix would ensure that the system fulfills the original goals it was created for, while adding no bureaucratic overhead.
$150k cap across the board ensures that all industries are kept honest. A bidding system can be added on top of that, if needed, but this extremely simple fix would ensure that the system fulfills the original goals it was created for, while adding no bureaucratic overhead.