How multinational employers can attract and retain talent in a time of employee empowerment

10 March 2022
Many industries, including tech and pharma, have experienced record-breaking turnover rates in what many are calling the Great Resignation. The result is a global war for talent that has employers scrambling to update compensation models, create remote work policies, implement wellness programs, and more.

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These decisions can affect not only a business’ policies, operations and balance sheets, but also its compliance obligations, many of which may be unfamiliar. For example: What if one of your best workers asks to live and work remotely in another country where you don’t have an existing office? How will you pay her? Will her compensation need to be adjusted? Will you be liable for payroll and/or corporate taxes in that jurisdiction? Will she still be eligible for your stock option plan? Will she need a visa and a work permit?

In this webinar, three Vistra experts will discuss what multinational employers need to consider to compete in today’s tough, evolving labour market. Here are some of the topics they’ll address:

  • Updating employee handbooks and other policies to account for remote work, travel restrictions, and other post-pandemic realities
  • Building a competitive compensation plan that accounts for employee location, employee stock plans, remote work and more
  • Understanding compliance risks related to cross-border remote work, including permanent establishment, global mobility, employee tracking, data protection and hiring independent contractors
  • Developing wellness programs for the needs of today’s workers