Surely that's a good thing though, if we're preaching meritocracy?
Practically speaking it's not so different than how it is currently though (except maybe lower CoL areas in the same country), it's very difficult to have FTE's in foreign countries, I am in a position to feel this very much right now- either you have to do very complex accounting, become a multi-national or they have to be hired as contractors.
There's still many barriers to it being off-shored, and the kinds of companies that would do that aggressively are looking to replace you anyway.
Ironically, limiting access to high-compensation jobs by tying them to cities like SF that don’t have enough housing may harm even those who do get employed in SF because their cost of living is high and the economy overall is possibly a double-digit percentage smaller:
> I am in a position to feel this very much right now- either you have to do very complex accounting, become a multi-national or they have to be hired as contractors.
Have you looked into other services such as "remote.com" to handle international accounting/legal?
They make it a lot easier honestly, walking you through the various hoops, but you are still a contractor which means you must handle your own employee benefits (healthcare etc), social contributions, submit your own taxes (in countries where this is not commonly on the employee this is annoying) and ensure that you are set up as some form of business entity yourself.
In my case that would mean either setting up a one man company or being a “sole trader” under Swedish law.
for PnL purposes as an employer, you would be considered a contractor.
Practically speaking it's not so different than how it is currently though (except maybe lower CoL areas in the same country), it's very difficult to have FTE's in foreign countries, I am in a position to feel this very much right now- either you have to do very complex accounting, become a multi-national or they have to be hired as contractors.
There's still many barriers to it being off-shored, and the kinds of companies that would do that aggressively are looking to replace you anyway.