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The Challenge with Expatriate Compensation – Assessing Your Reward Strategy
For almost every operation, compensation, benefits, and rewards are critical in attracting, retaining, and motivating your talent. When optimized, reward strategies can become effective tools for thoughtful workplace engagement, both immediately and long into the future.As more multinational businesses are investing in new and promising markets beyond their own, the role of an international reward […]
Four Ways to Accelerate Tax Season Workflow
Operating in thrive mode during tax season can be challenging. So now is a great time to start planning how you can accelerate processes before the workload feels overwhelming.Examining the flow of tax folders through your firm requires an audit of processes, technology, and resources needed to get the work done. But where do you […]
Continuity of Employee Benefits When Changes Are Afoot
M&A’s, or mergers and acquisition, are an exciting time for a company, as they can provide new opportunities for growth and expansion, as well as new areas for development, introduction to exciting markets, or even access to foreign cities and cultures across the globe.For executives, the merger or acquisition process needs to be carefully delivered […]
How to make hybrid work a permanent offering
While the pandemic has been ongoing for some time, we’re still not in the clear, made apparent by the Omicron Variant. Although the US is still acting on a reactive basis, one thing is undeniable: the world of work has forever changed, with hybrid working now the new normal.To ensure your business doesn’t fall behind, […]
Expat vs Immigrant vs Migrant: What Are The Differences?
What, exactly, is an expat? And what are the differences between expats, immigrants and migrants? The international community is hard to capture in a fixed term. It’s often just seen as semantics, or words that can be used interchangeably. But this language, especially in HR, is often loaded with purposeful definitions that helps distinguish the workforce from both misconception and broader […]
Running Payroll in Florida: A Step-By-Step Guide
1. Setting Up Your BusinessBefore registering with the state of Florida, businesses must have a federal Employment ID Number (EIN) and an Electronic Federal Tax Payment System (EFTPS) account.How to Apply for an Employer Identification Number (EIN)The application process for EINs is managed by the IRS. To apply digitally, follow the instructions below:How to Enroll […]
An Employer’s Guide to Expat Benefits & Compensation
When a first-time, or returning, expat is sent internationally to complete an assignment, there are questions that may seem difficult to answer. An employer might be questioned about the competitiveness of what’s on offer, or whether it’s even attractive enough for employees.Consider, for example, the following: When growing companies send staff abroad on international assignments, a […]
The future of work: a question of culture
As restrictions have lifted, CPA firms are welcoming workforces back into their offices in some form or another. This is leading to a multitude of questions on office re-introduction strategies which frankly, are now being over-analyzed and answers over-complicated.I’d argue practices should avoid asking too many questions. What we need to be talking about is […]
Navigating the Complexities of Restructuring and Redundancies in M&As
It can be tricky to keep a workforce engaged when two or more different companies come together in M&As – after all, employees are one of a company’s greatest assets, and often the most expensive. As a result, decisions impacting a workforce can (and do) impact employee retention, availability of skills and capabilities, knowledge retention, […]
Running Payroll in Georgia: A Step By Step Guide
1. Setting Up Your BusinessBefore registering with the state for Georgia payroll, businesses must have a federal Employer Identification Number (EIN) and an Electronic Federal Tax Payment System (EFTPS) account.How to Apply for an Employer Identification Number (EIN)The IRS manages the application process for an EIN. To apply digitally for GA payroll, follow the instructions […]
The birth of a new practice: becoming cloud-native
The pandemic has driven the accounting profession almost entirely online, with many practices adopting digital, cloud-based tools so they could work anywhere at any time. Cloud technology – designed specifically for accountants – has now become the reality for many new practices thanks to the enhanced efficiency it brings, its affordability, and ease of use.Cloud-native […]
Spin-Offs vs IPOs: What’s the Difference?
The subtle differences between a spin-off and IPO (or an initial public offering) impact the potential outcomes after a company goes public. As a moment of transformation for a business, companies that offer shares publicly or divest their assets are often motivated by a clear objective to increase shareholder value.Regarding different share market terms, there […]