Monday, March 1, 2021

Pay Cuts, Taxes, Child Care: What Another Year of Remote Work Will Look Like

Companies are anticipating another largely remote work year, and new questions about compensation and benefits are weighing on managers.

The company now says that when its workers request-and are approved for-long-term remote work, they must confirm their new location with the company, as it could affect their taxes.

"As they're thinking through this future of work that may involve more remote working, that may involve talent in places that they did not necessarily have before, they will look to make adjustments."

Spotify Technology SA, the audiostreaming company based in Sweden, recently told its employees, which it calls "Band members," that they could work from anywhere within their assigned country and maintain their same pay.

The prolonged remote spell is putting pressure on companies to give parents more help with child care-while being careful not to rankle workers without dependents.

Some companies have offered Covid-related stipends that workers can use for anything from child care to workout equipment.

https://www.wsj.com/articles/pay-cuts-taxes-child-care-what-another-year-of-remote-work-will-look-like-11614508201?mod=hp_lead_pos7 

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