Out of sight, out of mind, right?
Used to be, the boss could call an all-hands meeting in the company cafeteria and look everyone in the eye and interact.
Well, in the age of COVID, having off-site employees might mean they are out of sight, but they really aren’t out of mind. And when it comes to payroll and other basics of human resource management, they really should be top of mind.
They might be in California when HQ is in Texas.
Having a remote workforce, particularly one that that spans multiple cities and states—and maybe even countries—is more the norm than it has ever been. However, when it comes to payroll and other things that impact them, things change dramatically if they are in L.A. and you are in Dallas.
Here’s a list of considerations:
- Income and other taxes
- Hiring rules
- Wage and hour requirements
- Immigration rules
Just because someone works for your company doesn’t mean the rules of your corporate home state (or even city and county) apply. The fact is they reside some place else. This means the rules where they are doing the work apply. If an employee works for a Dallas company remotely in Atlanta, then payroll and income taxes for Georgia apply to them and must be paid to the state of Georgia. Ditto the rules on the conditions of their employment and how their work hours are governed.
For more on how to manage your people, payroll and other important assets, call or write to us. TFO Solutions is dedicated to helping entrepreneurs and business owners with their financial strategy from the back office to the boardroom.
**photos courtesy of Unsplash (Chris Montgomery, Keem Ibarra and Jamie Lopes, photographers)