July 6th, 2024

Move over, remote jobs. CEOs say borderless talent is the future of tech work

CEOs in tech prioritize borderless talent over remote work, with companies like Andela leading global hiring for diverse talent. Gartner's survey highlights a doubling trend in borderless tech hiring, favoring markets in Beijing and Delhi. Payoneer and Braintrust excel in distributed teams, foreseeing innovation and cost-effectiveness. Compliance and payroll challenges persist, but bespoke solutions cater to individual company needs, shaping a global workforce.

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Move over, remote jobs. CEOs say borderless talent is the future of tech work

CEOs are shifting focus from remote work to borderless talent in the tech industry. Companies like Andela are embracing global hiring, recognizing the benefits of diverse talent pools. The trend towards borderless tech hiring is growing rapidly, with Gartner's CEO Survey showing a doubling in the last three years. Tech talent markets in cities like Beijing and Delhi are surpassing traditional hubs like San Francisco and New York. Companies such as Payoneer and Braintrust are leading the way in borderless hiring, with distributed teams working across different time zones. While challenges like compliance and payroll exist, experts believe that borderless hiring offers opportunities for innovation and cost-effectiveness. As the tech industry evolves, leaders emphasize the importance of quality in hiring and the need for bespoke solutions tailored to each company's needs. The future of work is becoming increasingly global, with borderless hiring expected to play a significant role in shaping the workforce of tomorrow.

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Link Icon 21 comments
By @silisili - 3 months
They've been trying this my entire lifetime. I was warned away from tech because of offshoring in my early teens.

Sometimes it works out. It usually doesn't. Heck, my last company swung back and forth on it twice in the 10 years I was there.

I do think quality exists everywhere in the world. But when you go fishing for cheap, which is usually the reason for seeking it in the first place, you're never going to find it.

By @201984 - 3 months
Ugh, what a load of garbage. Is paying American salaries for your developers really that expensive? You'd think CEOs wouldn't want to cheap out on the very people that make their business possible.

I gotta say, "borderless talent" is a nice spin on "cutting American jobs and sending that money overseas". Wonder if we'll start hearing it more, or if it was coined for this article.

By @web3-is-a-scam - 3 months
80% of my engineering department was off shored and the results are exactly what you’d expect.
By @toomuchtodo - 3 months
Anything to drive down labor costs and try to keep people in fear.
By @mouzogu - 3 months
> "Borderless hiring"

> "Value-driven efficiency"

> "Global time zone delineation"

> "Value chain"

> "Globalized opportunity"

> "Decentralized tech talent platform"

> "Asynchronous workforce"

> "Future-of-work philosophy"

> "Altruistic potential"

> "Growth playbook"

all just sounds like grade A bullshit to me. off-shoring is nothing new. still has same issues it always did.

although much dev work has become very commodified and saturated so the demographic reality is that it's very hard to find a job, and most jobs dont pay well and hiring has become extremely arrogant and choosy.

By @RetiredRichard - 3 months
So its the 2000s all over again

Do CEOs ever learn their lessons?

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By @gamblor956 - 3 months
CEOs love borderless talent until they realize that it exposes them to borderless corporate income taxation...

This isn't like the old days when Apple and Microsoft could exploit international tax loopholes. Those loopholes are gone, and transfer pricing (aka mandatory profit for related-party cross-board transactions) is now mandatory. In some countries, there are proposals to to tax transfer pricing income even if the entity as a whole is not profitable, and this is on the table for the next OECD guidelines. Countries are also no longer willing to accept the ridiculous under-valuations of migrated or licensed IP that Apple and Microsoft got away with.

By @smarm52 - 3 months
Not a lot of work on this, as far as I can see.

One of the few I found:

GLICK, P., CONSTANT, L., EDOCHIE, I., & NATARAJ, S. (2020). Online Outsourcing.

It looks like the (really) rosy scenario that the article paints may only be viable if:

1) There are highly skilled workers with good English skills on the supply side. 2) Companies are convinced that it could actually work on the demand side.

The article makes a lot of recommendations for how it could work, but doesn't see it working in their study. And the CNBC article is light on citations. So probably just clickbait.

By @JonChesterfield - 3 months
Rebranding "remote" to "new phrase" will not make anyone forgive you for writing "remote" on job roles that are obsessed with sitting in an office. It's not a clever hiring hack, it just broadcasts that you like operating fraudulently.
By @phendrenad2 - 3 months
Borys is in Ukraine, he can't understand Pablo, who is in Brazil. Pablo has trouble understanding Yosef, who is in Israel. Yosef has trouble understanding Jack, who is in California. Jack has trouble understanding Borys.

I'm sure they'll make a quality product!

By @486sx33 - 3 months
Really the bottom line is H1B and other USA visas need to stop being awarded to tech workers tomorrow because you can ship a laptop and a starlink terminal anywhere.
By @throwawayfear - 3 months
Ban non-compete. Impose steep taxes on companies earning American profits with less than 95% American labor.
By @ksec - 3 months
Borderless hiring? When did the word Remote not cover that?
By @veggieroll - 3 months
If offshoring worked, it would have worked the first time.
By @electrodank - 3 months
The largest filter, the Great Filter, these companies cannot overcome is a true digital native workforce and communication mechanism. When your days are haraunged by voice/video meetings because people don’t know how to work asynchronously, productivity plummets when timezone differences are introduced. An absolute shitshow to behold.

Very few, relatively speaking, tech teams understand how to leverage asynchronous work patterns. I think open source projects which are dominated by 40 year old virgin neckbeards (those still exist right?) show the silver lining, but alas, nobody will get it.

Round the merry go round we go again.

By @photonbeam - 3 months
Wait till they relearn how timezones will slow everything to a crawl
By @elintknower - 3 months
They'll make you return to office after forcing you to work remote, just long enough to find a foreigner to take your job oversees.

Capitalism. Check mate.

By @leftcenterright - 3 months
And yet at the same time, most US companies are hiring only "Remote within US/Canada" ..