Salaries are obscenely expensive, and outside of San Fran's in-person 9-9-6 hustle culture its a massive battle to keep staff here coming into the office.
I've decided to just embrace hiring remotely, but doing it overseas in LATAM, South Africa, India etc.
Salaries are maybe 1/3 of the cost, as their living costs are a fraction. Quality variance is worse yes but you can easily use platforms like hotsourced to find very good people now.
Its been a complete game changer for us. We can afford amazing people that we pay way more than their local market rate, and we even have a couple extra staff members so people can finish at a reasonable time. And we're still saving $200k a year, across 10 staff members.
Feel like we're at a pivotal moment now, where almost every business is incentivised to do this. Not sure what roles will remain here? Where does this go?