Remote is such an overloaded term. Is it US/North America only? Is it equal work for equal pay globally? I was someone who took the opportunity to relocate back to my home country when Covid struck, but had to take a near 50% pay cut to do so, despite doing the same work. I'm surprised this hasn't become more of a hot button issue within the community.
It's so much easier to just hire someone in the same country. No visa/sponsorship, no timezone worries, no language/culture barriers. It's just so much easier.
And I'm between 50% and 70% cheaper than hiring someone in the US at the same level (PhD, 10+ years of industry experience, Executive level experience, startup experience, highly technical , etc etc).
And I know several people with a profile similar to mine.
Companies that discover this are getting an "unfair advantage "