What are the advantages of hiring remote developers?

The advantages of hiring remote developers include access to a global talent pool, cost savings, and increased flexibility. Companies can hire skilled professionals from anywhere in the world, thus bypassing local talent shortages. Remote hiring often cuts costs on office space, equipment, and other on-site expenses.
Remote developers usually enjoy more flexible conditions and, therefore, can balance work and life more efficiently. The teams can operate in different time zones and achieve progress literally around the clock. Offering remote positions also opens up possibilities to get the best talent in, who value flexibility at work, hence providing companies with a competitive advantage in recruitment and sustaining a diverse, geographically dispersed team.