The way employees work continues to morph as a result of COVID-19, and it appears the remote workforce is here to stay. However, most HR departments haven’t adjusted to this uptick in remote work. With more and more employees working across state and international borders, this workforce trend is poised to set off a multitude of problems, including potential tax violations. As long-term remote work sparks a growing number of consequences, HR professionals need to reassess their remote work policies now to avoid long-term headaches in the future.
It’s time for tax and mobility professionals to brace for change. The pandemic has accelerated remote workforce trends, and working from anywhere is becoming a baked-in feature at companies. For accounting offices and mobility leaders, the realities of managing a remote workforce, both positive and negative, are setting in.
This paper examines the rising tax and compliance risks growing out of remote work trends, analyzes best practices that corporate entities can use to track employee whereabouts, and outlines the most prevalent techniques for adjusting corporate travel policies to an increasingly remote workforce.
Zoya Malik spoke to GTN’s president David Kolb about the synergies gained in becoming a member of Allinial Global and the impact of the pandemic on tax legislation and providing advisory services to the global mobility market.
Many HR departments don’t have the mechanisms in place to keep track of an increasingly remote workforce. In this article, David Livitt, global practice leader, business traveler and remote worker solutions, Global Tax Network, writes why tracking is essential, how to preserve employee privacy, and the strategies for effective implementation.
A landslide of remote work requests is crashing into businesses, and it’s revealing alarming holes in the way corporations are managing employee mobility. Chances are, remote work is already bogging down your HR department, and if you don’t act soon, your company and employees could be exposed to global tax compliance and employee incentive problems.
Business travel is changing before our eyes as employees flock to remote work. However, as travel re-opens, the push toward a global workforce is creating a riskier tax landscape.
It’s no secret that remote work is exploding. What’s not talked about as often are the massive workloads and tax risks this shift to remote work is piling onto HR professionals. HR teams are receiving an influx of remote work requests, and most companies are positioned to let critical tax and compliance issues slip through the cracks.
The ever-changing role of the travel manager appears to have mutated yet again thanks to macro-trends that stretch well beyond the business travel sector. Step forward the mobility compliance manager, a role certainly accelerated by new border controls in response to Covid-19 but that was emerging anyway thanks to increased unrelated checks and restrictions on international freedom of movement.
