First the companies offshored the jobs, now the employees offshore themselves.
At some point, somebody will start asking why the Indian working remotely in India is paid less than the American/European expat working remotely from Bali.
At some point, somebody will start asking why the Indian working remotely in India is paid less than the American/European expat working remotely from Bali.
That has actually become a trend in Portugal: people are quitting local companies to get US/German/UK salaries working remotely for US/German/UK companies.
If you actually tried to hire in the region, you would know.
If you find a really good programmer in the region, his pay will approach European pay, and he will escape to Europe/US as soon as he can.
Also I cannot imagine US expat working in Bali, as the time difference is 12 hours. That's very impractical for any collaborative work.
Next companies create more attractive work places in cheaper areas and lures employees there.