But if you want to hire someone in Poland or Korea, do you even know what their laws are? How much do lawyers cost there, and are they any good? Is the government adversarial, or could it become adversarial? Do they discriminate against foreign employers? Employees there are probably going to want to be paid in a different currency; are you interested in dealing with issues if the value of that currency changes? International banking rules? If the cheapest hires are in seven different countries, do you want to go through all this seven different times? The team you're managing now sees daylight in the part of the day when you're asleep, is that going to be any trouble? Are you ready to deal with reports being poorly written because their native language is different than yours?
The reasons companies are willing to pay more to avoid dealing with all of this have very little to do with whether you work in an office or in your house which is in the same jurisdiction and hemisphere as the office.