As the UK government rapidly approaches the latest (and final?) deadline to strike a deal with the European Union (EU) Parliament to agree to terms on leaving the EU, the impact on employees assigned to the EU should be carefully considered.
Thanks to today’s ever-evolving technology, markets are becoming more and more global. Time zones and borders are not as relevant and we can now work simultaneously with our colleagues across all corners of the world. However, some things are better accomplished in a more direct, personal way. Sometimes, you need a person on the ground in order to get the job done right.
In today's workforce, it is common to have employees working on multiple projects across the country or around the world. While permanent and long-term assignments are generally managed through a defined HR function, managing short-term business travel tends to be a bit more challenging. Actively managing short-term business travel can greatly reduce risk for your organization and business travelers. Thus, developing a structure to oversee this area is imperative.
Companies that plan to send employees outside of their Home country should first know about the possible tax complexities that may result from the use of an international workforce. Here are five things employers need to know before sending employees abroad.