Managing a mobile workforce, especially at a time when business travel is high, presents unique challenges for equity compensation programs. When employees work across multiple jurisdictions, the complexity of tax reporting and withholding requirements increases exponentially. Success depends on effective collaboration between your equity, HR, and payroll teams.
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In today's interconnected world, the complexities of managing a global workforce extend far beyond cultural differences and time zones. One of the most intricate challenges facing multinational companies is the nuanced task of international payroll administration.
Picture this: You're a global mobility manager, and you've just wrapped up preparations for your top performer, Susan, to take on a strategic assignment from the United States to Germany. The logistics are in place—her household goods are en route, her work permit is secured, and her cost-of-living allowance is calculated. You're feeling confident until Susan poses a question that catches you off guard: “Will I be paid in dollars or euros?”