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Remote work? Benefit for the employee, challenge for the employer

2024-09-24 09:15:27Lifestyle SHKRUAR NGA REDAKSIA VOX

Remote work? Benefit for the employee, challenge for the employer

Having the option to work remotely has become one of the most important benefits in attracting talent for companies in certain industries.

However, while remote work can keep employees happy and reduce business costs, there are also major complications for employers.

There is some risk for employers, particularly in relation to legal and financial issues, warn employment experts at law firm Tan Ward.

Where are the most opportunities for remote work in Europe?

In 2023, according to Eurostat, 8.9% of employees worked remotely, the rate is slightly higher at 9.9% for the whole EU.

In 2023, the UK, the Netherlands and the Nordic countries had the highest rates of remote working, according to Oxford Economics.

As for major cities, London, Stockholm and Amsterdam had the highest percentage of residents working from home last year.

As of 2024, new remote employment is most important in small and medium-sized enterprises (SMEs), companies with fewer than 250 employees, in Germany, the UK and the US, according to the Global State of Remote and Hybrid report LinkedIn work, for the 12 months before July 2024.

The industry with the most telecommuting opportunities appears to be technology, information and media, with almost 35% of telecommuting in the UK and more than 26% in Germany.

Almost half of the new hires at small US companies in the sector were also remote last year, according to the report.

What are the risks companies face when offering remote employment opportunities?

Employment experts at Tan Ward law firm warn that offering remote positions should be handled with care, as it can be costly and cause problems for the company.

For example, a single employee working in another country can lead to additional corporation tax liabilities and legal problems for the employer by creating a 'Permanent Establishment', even if the business does not have a branch in that territory.

So before someone establishes his residence in Italy but wants to work for a company in France, for example, all parties must be sure that they are in compliance with the laws of a place of employment, tax regulations , immigration requirements, data protection and health and safety standards.

Is remote work really what it takes to be happy?

It turns out that employees in all three work arrangements (on-site, hybrid and remote) experience burnout very often, at statistically similar rates (24%-27%), according to recent research by Gallup and Workhuman, observing the labor market in the USA.

Business practices on the other hand can make the difference.

One of the most important factors seems to be a focus on creating clear expectations.

Setting realistic performance goals and recognizing merit at work are two other important steps that promise to increase the well-being of all employees, regardless of where they work.


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