This isn't a minimum in the salary of H1B workers. The current "minimum" is $60k. It is perfectly possible to hire employees on an H1B under that limit, you (as an employer) will simply be under more scrutiny.
It relates to H1Bs that are contracted out to other employers where those H1Bs are at least 15% (slightly higher thresholds for employers with under 51 employees) of an employer's workforce. They are colloquially known as Body Shops. The legislation as it stands allows the DoJ and DoL to investigate/prosecute these employers unless the employee makes a certain minimum salary OR has a masters degree. This is a good thing since it specifically targets the abusers of the H1B program while leaving most employers alone. The minimum salary will go up to $90k and the threshold will go up from 15% to 20%.
Yes, it does. It allows body shops to import tons of Indian-educated masters degree holders at $40-50k a year and then bill them out to other companies at much higher rates.
It relates to H1Bs that are contracted out to other employers where those H1Bs are at least 15% (slightly higher thresholds for employers with under 51 employees) of an employer's workforce. They are colloquially known as Body Shops. The legislation as it stands allows the DoJ and DoL to investigate/prosecute these employers unless the employee makes a certain minimum salary OR has a masters degree. This is a good thing since it specifically targets the abusers of the H1B program while leaving most employers alone. The minimum salary will go up to $90k and the threshold will go up from 15% to 20%.