25th November 2020, Virtual
Compensation and Benefits for ABG
The team of ABG network member companies in Spain met for the second time to reflect on their approach to compensation and benefits for situations where employees are in remote working situations with an international dimension.
In the disturbance caused by the pandemic, many employees around the world have been working from home. Where the work location is in a different country, there are many complex issues that may arise. The global mobility function is often tasked with finding solutions, so it is imperative that a clear framework is established to determine the appropriate response.
TraQs approached the issues by distinguishing three distinct situations of international remote working:
TEMPORARY REMOTE WORKER DUE TO COVID-19 i.e. a worker forced by COVID to return home (or escape elsewhere) from where they continue to work for the overseas entity to which they were originally assigned
REMOTE WORKER BY CHOICE i.e. an employee working for an entity in a local role, but the employee chooses to live elsewhere
VIRTUAL ASSIGNMENT i.e. an employee working for overseas entity but not required to move there to fulfil the role