Global Mobility for Professional Practices
Managing a mobile workforce
Global Mobility has become a prominent theme as Professional Practice Firms have expanded internationally. Their global strategies, the demands of their clients and often the implementation of business and legal processing centres all require a more mobile trainee, associate and partner population. Mobility is also increasingly recognised as a key driver in the execution of the Talent Agenda in many Firms. International expansion has impacted both UK Firms expanding their global network, predominantly into APAC and the Middle East as well as overseas Firms looking to establish operations in the UK. Accompanying these mobile populations is an increased exposure to tax, immigration and social security risk in a number of different countries, for the individual and employer through the creation of Permanent Establishments, employer withholding requirements, individual filing requirements and social security obligations. Furthermore, the challenges associated with a mobile workforce extends beyond compliance. There is a need to accurately manage, track and contain costs, define roles and responsibilities in a manner consistent with a global mobility strategy and to ensure the business generates value from secondments and relocations.