According to the statement made by KPMG, KPMG’s research titled “Current Trends in Remote Working” provides important insights for employers on how and to what extent they should approach flexible working.
According to the research, 89% of companies are already implementing or planning to implement the remote work policy, while the telecommunications and technology sectors are among the sectors that are implementing this policy. In the research, which also shows that the wishes of employees are the main factor in achieving remote work, the biggest difficulties are shown as tax and legal compliance.
In its “Current Trends in Remote Working” report, KPMG asked more than 530 companies for their remote working ratings. Attendees, 82% of which are located in the EMA region, include board members from various sectors, managers, mobility experts, HR managers, tax specialists and labor law experts . The report findings provide important insights into regional and industry differences as well as global telework trends.
Jan Erdem Yılmaz, Director of Human Services and Change at KPMG Turkey, whose views are included in the statement, said that while companies are preparing for future working life in a process of rapid transformation, it is a fact that becomes certain and that remote work has become an indispensable part of life.
“With both the demands of existing employees and the need to get ahead of the competitive talent market, remote work policies are on the rise. At this point, it is important for companies to clarify how and in extent the flexibility will be It is important to adopt approaches tailored to the functions, particularly in relation to the needs of the position, and that this approach can be used by employees It gains in importance to be built around the commitment and efficiency takes on an international dimension, can lead to complex tax and legal processes or raise concerns about business and social security practices.
According to the report, 89% of companies are currently implementing or planning to implement a remote work policy. More than half (52%) of organizations are considering implementing a remote work policy, while 37% are already doing so. The rate of those who do not plan to implement such a policy remains at only 5%.
However, strategies vary depending on each organization’s business model, long-term strategic goals, and corporate culture. While the telecommunications and technology sector is the leader of those who implement this model with 64%, the rate of those who are evaluating remote work in these two sectors is at the level of 27 %. The high rate of IT-based businesses, especially those in the startup sector, is unsurprising, as they can make quick decisions and remote working is often part of their DNA.
On the other hand, interestingly, 90% of participants in the food, beverage, retail and consumer sectors said they plan to work remotely. While 40% of them plan to implement this policy, 60% say they are in the process of implementing it. For the manufacturing sector, these results were even more surprising given the need for more work in the workplace. Some companies are even claiming that their workforce can work remotely using new technologies such as remote maintenance of machines with virtual reality glasses.
The main reasons for working remotely are employee demands and Covid-19 restrictions. More than half (55%) of organizations have remote work policies in place because of the wishes of their employees, not because of their work or external factors.
Remote working methods also vary between organizations. At 42%, most companies are focused on remote working in their country. When it comes to overseas remote work, 22% of companies are considering short-term remote work of less than 90 days. For more than 90 days, this rate drops to 8%. Moreover, only 9% of participants said they would consider recruiting abroad using this method.
Tax and legal compliance stand out as the biggest challenges for companies looking to implement remote working with 88%. Considering that there are various tax and legal regulations that need to be considered within the borders of the country, this result is not surprising. For example, employer obligations regarding health and safety, data protection and IT security, income and corporate tax regulations vary by country. Beyond national borders, compliance becomes more complex as new international regulations come into play. Lack of legal standards and tax uncertainty are a major obstacle to tackling cross-border remote work .
Therefore, the decision to implement cross-border remote work depends on company-specific risk assessments on the one hand and job and talent requirements on the other. After tax and regulatory compliance, other remote work challenges include establishing efficient processes (21%), employee tracking and technology (18%), and communication (10%).