Borderless Talent Is The Future Of Tech
The debate over whether to work remotely or not has largely faded, giving way to a new discussion: borderless hiring. This trend, championed by industry leaders, represents a major shift in how technology roles are filled globally.
Jeremy Johnson, CEO of Andela, likens remote work to a gateway to borderless hiring. He notes that once companies recognize the benefits of not being tethered to a single office, they begin to explore talent from around the world. According to Gartner's 2023 CEO Survey, borderless tech hiring has doubled in just three years. Reports from CBRE highlight that cities like Beijing and Delhi now outpace traditional tech hubs such as San Francisco and New York in terms of tech talent.
Payoneer CEO John Caplan emphasizes that while the idea of globalized opportunity is compelling, it requires the right tools and systems to be practical. Payoneer, which operates with employees in 50 countries, benefits from and drives this borderless trend through its global payment platform.
Adam Jackson, CEO of Braintrust, describes a different model where his team, mostly based outside the U.S., works remotely without a central office. This approach, he argues, allows for innovation around the clock and reduces the need for constant meetings, which can foster creativity and deeper work.
Despite the advantages, challenges remain. Johnson points out that compliance with local labor laws and payroll management can be complex. However, these hurdles are not insurmountable. Jackson believes that asynchronous work can overcome time zone challenges, creating a global work environment where “the sun never sets.”
Looking ahead, the impact of artificial intelligence (AI) regulation will likely influence global hiring practices. Johnson predicts that stringent regulations in Europe might drive innovation to other regions like Africa and Latin America, reshaping global tech talent landscapes.
Overall, borderless hiring offers significant benefits, including cost efficiency and access to a diverse talent pool. The rise in applications for work-sponsored visas and the high cost of living in major U.S. cities further underscore the appeal of this approach. As Johnson puts it, making talent acquisition more efficient can provide a dramatic advantage, suggesting that borderless hiring is set to remain a crucial element in the future of work.
Read more at NBC