I’d rather see an auction, not for the salary, but for a tax “right to hire”, to be paid yearly as long as the H1B is here. That tax should go for college tuition for US students studying in the field of the role being filled by this H1B. Potentially that tax should also be sent straight into social security general fund (not for the H1B holder). If those H1Bs aren’t converted to green cards, then the country will never have to pay out any Social Security benefits, continuing the systems liquidity.