Distributed teams

Tech companies that are nearly 100% remote and have their teams distributed across the globe have existed for quite some time. I know a company that has a completely remote hiring process. Every employee gets a budget to invest in their home office or to rent something in a co-working space. The company is distributed across the globe and only comes together once a year to meet in person.

With the pandemic and the rise of remote and hybrid working, more and more companies are starting to see the benefits of having distributed teams, which include the following:

• You are not restricted to hiring in a certain metropole region and therefore have more talent and more specialists available to hire (war of talents).
• Hiring in other regions often comes with a cost reduction.
• If you target multiple markets with your products, it's always beneficial to have team members from these different backgrounds to help understand the customers (diversity).
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