One of the biggest myths of remote working is that employees lie around in their room watching Netflix or having a Monday brunch instead of working on their share of responsibility. But the truth is, the benefit of remote working is that remote workforce is now able to do all those while maintaining their working performance. On-site employees are able to show up from 9 to 5, five days a week, and yet they are most likely struggling to optimize their productivity compared to the remote employees.
Compliance
Are you planning to expand your business globally as you grow your team? When considering international expansion, many businesses assume that the only way to achieve this is by setting up their own physical company entity abroad. However, setting up an entity can be time-consuming and complicated. Employer of record (EOR) services can be considered as an alternative to help you achieve this goal without all the hassles.
Global Trends
Counterintuitively, with the backlog in resignations, the number of burnout workers is increasing. With the vaccine starting to become widely available earlier this year, it indicates that the economy will start to recover. As burnout becomes one of the predictors of resignation, many workers decided to take their time off this year despite the bounce back in the economy.