43. Should we pay based on location? w/ Sondre Rasch, Safety Wing

August 9, 2022


Summary


We're already in a global labor market, and most people just don't know it yet. Remote work has leveled the playing field, and now to get (and keep) the best talent companies need to change their old practices and pay their workers the right way. So, it’s time to pull up the band-aid and make the switch. 

Today, we have Sondre Rasch, the Co-founder and CEO of SafetyWing, a company of over 100 employees hiring entirely remotely from all over the world. Its mission is to build a global social safety net for remote workers and teams.

In this episode, we talk about the different possibilities to handle pay when hiring globally, we debunk the arguments for paying different salaries based on the worker’s location, and bring up some hard truths about the new reality of work and management in the remote workspace. 

In this episode:

[02:40] How to hire remotely

[03:45] Why paying flat-base salary across locations is the way to go

[09:39] Possible ways to handle pay when hiring remote workers globally

[17:02] How to provide equal benefits to employees around the world

[21:32] The reality of what work and management are actually like in a remote workspace

[28:45] The global labor market as a solution for inequality

About Our Guest

Sondre Rasch is the Co-founder and CEO of SafetyWing, a company of over 100 employees hired entirely remotely from all over the world. They are building a global social safety net, with fully-fledged health insurance for remote teams and entrepreneurs, as well as incident and health insurance for digital nomads. He is also the host of SafetyWing's Building Remotely podcast, a guide on how to build and scale a remote company.

Connect with Sondre Rasch

On LinkedIn

SafetyWing Website

Resources Mentioned:

Remote Health - A premium health insurance for remote teams and platforms, designed for your global workforce and that works in every country across the world. 

Nomad Insurance - Travel health and incident insurance for nomads, covering people from all over the world, while outside their home country.

Qatalog Work Hub – Find what you need, see who’s working on what, and get updates on where things are at, without the endless stream of emails and pings coming from everywhere. Sign up now at Qatalog.com for a free 30-day trial, for you and your team.