With many organizations challenged to hire the highly technical tax talent needed today, they find themselves more open to a remote tax workforce. For companies who hire remote tax professionals or are considering this growing option, there are strategies to keep remote tax professionals connected to an organization and their management teams. This article discusses how companies are managing a remote tax workforce in an environment that is increasingly difficult to locate tax talent. These strategies can work for your organization, too.
- Companies offer the option of working from remote office working spaces or working from home. The goal is ensuring you have the most productive work environment for your remote workforce. For companies with headquarters in major cities who want to save tax professionals hours of commute time each week, they have more productive employees who get work done when they spend less time on commutes. We have encountered tax professionals in major cities around the country who are commuting 2.5 hours one way into New York City, Chicago, Los Angeles and San Jose. With twenty-five hours transportation time each week imagine the increase in production as tax professionals are allowed to work from home 90% of the time and come into the office for important meetings.
- Companies now hold many meetings with teams online so it makes little difference where they are located as long as they are working in front of their computer screen or mobile phone. Video conferencing has significantly increased the ability of organizations to hire technically qualified remote tax professionals anywhere in the world. Given the workload for tax professionals in multinational organizations working on international tax matters ti makes sense for them to work from home. Companies now set up a dedicated remote worker slack channel.
- Companies are discovering several tax roles in their organizations can be converted to remote. These roles include but are not limited to: tax preparation by the return, communicating with subsidiaries to send the necessary information into the tax department, research and planning, new client acquisition, training, etc.. The list continues to grow as organizations become more flexible and in tune with a remote tax workforce.
- Organizations are learning innovative ways to keep remote talent connected to the organization and their respective tax teams. We encounter companies who have Virtual Team Leaders, team-building events like eCoffee Meetings, birthday messages with surprises at their front door, video meetings on Mondays and Fridays to discuss projects assigned for week and projects completed for weeks, Star Boards that show the work each team member completed that week, bonuses for outstanding contributions and results, annual face to face meetings, the ideas are endless.
- Remote teams are happier, less stressed, spend more time working and less time in traffic, can manage family responsibilities and appointments better, and they often work harder to keep remote tax jobs that offer them the flexibility they desire.
TaxConnections invites tax professionals worldwide to become a TaxConnections Member and let people know you are searching for remote tax roles. We also offer exclusive opportunities for tax professionals who want to work onsite as lead tax executives for organizations around the world. Join us and we make remote opportunities available for the tax and legal profession.
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