As organizations grapple with what the future of work will look in an era of rapid change, one thing that is certain is that remote working will become an integral part of our new working world. Organizations are having to adapt their businesses to respond quickly to evolve their work practices while at the same time asking how much flexibility to introduce in their workplaces, managing the compliance and risk challenges and determining the best way forward for their business.
We asked 530 companies from 46 jurisdictions worldwide about their current remote working considerations and decisions. The data offers insights to the current global trends in remote work and how they are evolving in terms of mobility, tax policies, governance, technology and more.
This article was originally published on kpmg.com.
Key findings at a glance: Work from Anywhere report
The rise of remote working policies
Remote working policies are on the rise. Almost 90 percent of companies are considering introducing a remote working policy or have already introduced one.
The reasons why
Demands from existing employees, talent shortages, and the need to win in the talent market are the primary drivers for participants implementing remote work arrangements.
The responsible functions
Implementing remote working is often a complex process, involving many stakeholder groups including human resources, tax or global mobility.
The types of remote work
Nearly 50 percent of respondents based in Asia Pacific are implementing virtual assignments and remote hiring compared to fewer than 20 percent in the rest of the world.
Tax and legal challenges are cited as major concerns when introducing remote working across international borders.
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KPMG in the Luxembourg
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