5 Steps to Take Your Company’s Remote Work Ambitions from Policy to Practice - SPONSOR CONTENT FROM DELOITTE GLOBAL TAX

the survey

of more than 820 tax, HR, mobility, and payroll professionals from 45 countries reveal worrying gaps. Many companies have yet to articulate any limits to their remote work policies. Almost one in three say they are still considering their guardrails for remote work or have none. Nearly a quarter say they are still thinking about time limits they might impose.Other key risk areas also emerged.

Forty-five percent of respondents say they have not reconciled their business travel policies with their tax and compliance thresholds. Less than half say they use technology to support their remote work policies, and most of those say they use in-house tools, such as spreadsheets, exposing their organization to legal and financial risk. Only 40% say they track each remote work request.And while most say their remote work policy is part of their talent strategy,.

Organizations should consider taking five steps to move their remote work ambitions from policy to practicality:Understand what your business wants to achieve, and design a remote work policy that will enable it. To effectively implement a remote work policy, align it with the business strategy and involve HR, mobility, and tax functions in the process. A triage process is essential to enable informed decision-making within the business.

Moving from policy to practicality on remote work requires organizations to be nimble, encourage continuous improvement, and remain ready to update their policies as workforce needs and tax and legal rules evolve. Is your organization ready to embrace the future of work?

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Head of UK business lobby steps aside following complaints about his conduct | CNN BusinessThe head of the main business lobby in the United Kingdom is stepping aside while an investigation takes place into complaints about his workplace conduct. What was the wrong doing he’s been accused of CBI in it’s independent investigation will get down to the bottom and legitimacy of any current complaints, I’m sure👍 That ends everything, then nobody gets anything, look what a good idea... Better avoid from the public critism , that it will more he feels humilated
Source: cnni - 🏆 326. / 59 Read more »