We have spent the last few weeks, covering in detail the risks that companies, distributed or not, run by working with independent contractors long term. With repercussions for everyone involved, we hope this has given you some food for thought. If any of it applies to you, in this post, we would like to give you five clear reasons why you should be a compliant remote employer.
Irrespective of where in the world it's done, payroll is the process and system by which a company pays its employees, pay period in and pay period out. It involves keeping employee financial records, calculating their paycheck taking wages, taxes, tax credits, allowances, and benefits-in-kind into consideration, and issuing those paychecks. Regardless of where the company or its employees are based, every employee must receive the accurate pay (and payslip) with all withholdings and deductions submitted to the local tax authorities. Here is what you need to understand about international payroll
In our last post, we covered one of Remote Work's tricky "Gotcha Moments": having remote workers as independent contractors instead of employees can cause many problems. The fact that many distributed companies still do it doesn't make it right. The repercussions of doing so can be grave and damaging in financial, reputational, strategic and ethical ways.
Albeit a common practice when working with remote workers, hiring them as independent contractors can have financial, strategic, reputational and ethical repercussions.
It is about ten minutes into my conversation with Laurel Farrer, CEO of Distribute Consulting and founder of the Remote Work Association, that I realise working from the wrong setup at home may be seen as a form of non-compliance. I am sitting on the couch, instead of an ergonomic chair and desk, I have … Continue reading How to be a Compliant Remote Company in 2020: A 10-step Guide
Every company has their story of how they became remote and distributed. At my last company, we became a distributed organisation organically, rather than proactively. From the founding of the company, we had seen ourselves as an Irish company, with both feet firmly set on Irish soil. We had a great office at a wonderful … Continue reading Making Remote Work, work: How to pay distributed employees
So, hello! We’re Boundless, and we make it easy to employ anyone, anywhere! The last few years have seen a rise in both people working in remote locations, and tools/services helping them to do so. What was once a strategic decision to expand internationally, driven by market forces, and only available to companies at scale and with deep … Continue reading Why we started Boundless