How the rise of the ‘Third Workplace’ helps overcome the risk of relocating

Nov 09 | 2021

Vivi Cahyadi Himmel, CEO and Co-Founder of AltoVita and Ibraheem Khan, Chief Information Security Officer look at how technology can reduce the risks of relocating in a changing world.

Vivi Cahyadi Himmel and Ibraheem Khan  Before the pandemic, 1-2% of a multinational company’s employees were expats. That landscape has now changed entirely, with the rise in work from anywhere (WFA) and virtual assignments meaning that 20-30% of a company’s workforce could now be mobile employees. With global giants, including Shopify, leading the way in becoming ‘digital by default’, it’s now time for the working world to unlock the benefits of going remote.

However, while many businesses are adopting the ‘third workplace’ model, with employees splitting their time between their homes, offices and remote locations across the globe, working from anywhere does come with a level of risk that needs to be considered. An employees’ right to work, as well as the tax implications and legalities around establishing residency and working in a new country, are just a few of the considerations that businesses must make. To combat this, smart technology is helping organisations around the world to remain compliant, reap the benefits of WFA, and help employees relocate fuss-free.

Changing Travel Trends
Across industries, leaders have used the lessons from this large-scale work from home phenomenon to rethink how work can be done - and what role offices should play, if any - in supporting their employees. The concept of the ‘third workplace’ has, therefore, never been more popular ...

Photos: Vivi Cahyadi Himmel, CEO and Co-Founder of AltoVita and Ibraheem Khan, Chief Information Security Officer.

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