International Talent Arbitrage

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Facing talent shortages, companies are increasingly hiring globally, leading to new tools like RemotePass's SpendCards and Devlane's cost calculator. This practice involves strategically sourcing talent from different countries, often to reduce costs or access specialized skills, bypassing traditional domestic hiring limitations.
Devlane's new Engineering Cost Calculator enables companies to compare hiring expenses between the U.S. and Latin America.
Organizations are increasingly opting to solve talent scarcity by expanding internationally rather than by improving domestic talent pipelines, potentially scaling pre-existing structural issues.
RemotePass introduced SpendCards, a new product designed to streamline and eliminate reimbursement complications for globally distributed teams.