Remote Employees Work from Home Challenges and Issues

Topics: Telecommuting, Working time, Commuting Pages: 4 (1204 words) Published: June 30, 2008

Remote Employees Work from Home Challenges and Issues
Gregory L. Flanders Jr.
University of Phoenix
Professor Mr. Ed Ruppel

Remote Employees Work from Home Challenges and Issues
The workplace today goes beyond just the walls and ceilings that surround an office environment or office building. According to the International Telework Association and Council, 44.4 million Americans worked from home at least part of the time in 2004, up 7.5% from just on year earlier (Earthweb, 2005). Though it may be very convenient to work from home, the choice can bring its own set of problems. There are financial reasons, efficiencies, and even managing time are just a few to name that bring about many challenges and issues that any remote employee would face in that type of work environment. Financial Issues for Work at Home Employees

If you work from home as a contractor there are some important financial issues that you should look into and will face. Health Insurance is very important and have good health insurance is every of greater importance. If the company doesn’t offer health insurance purchase your own to cover you and/or family. Retirement is very important when you stop working in this society. You have to have money to live off of so save up and take maximum advantage of tax deductible IRA contributions that you make every year and set up a retirement program. There is many other financial road blocks that may occur that remote employees may not be aware and need to know all there is to know. A financial planner, tax and/or accounting professional can advise and guide you on the financial impact of your future and work at home environment. These trained professionals can help to set up a program to help keep track of expenses and structuring your life and business in such a way that you pay as little tax as legally possible, while keeping an eye our for your future...
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