> And yes, location matters: the company usually needs to create a subsidiary in the country of the employee, get familiar with their judicial and tax system, t

> And yes, location matters: the company usually needs to create a subsidiary in the country of the employee, get familiar with their judicial and tax system, then there's also the issue of time zones, travel cost to company meetings, etc. remote.com is a good counterexample here: https://remotecom.notion.site/Total-Rewards-Glossary-ec96c10298ad4e4daac6426dd9cf66b8#cd28625334314c4f910e9d52acdb91c1 https://remotecom.notion.site/Total-Rewards-Glossary-ec96c10... location-based pay is (generally) a product of how much the employer can get away with rather than the operational cost etc...