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The change is now set to kick in by 2027, while the statutory retirement age will go up by three months each year, starting in September, eventually reaching the 64-year mark by the end of the decade.

No affiliation with the university is necessary, but eligible candidates must be working remotely full-time, must currently reside out-of-state and must commit to living in West Lafayette for one year, according to a Purdue statement announcing the new program.

Let’s look at some options for setting a remote workforce’s compensation strategy: Set pay rates by the location of the corporate headquarters or regional office.

Still, almost as many employers set remote-worker pay based on the city where the employee resides, while other determinants include the worker’s state of residence, assigned office, closest office or region of residence.

Subscription-based services (for media, software, transportation and more) are common in consumer and business settings — enabling users to access premium features and resources without a significant upfront investment.

Perhaps not surprisingly, then, the number of U.S. residents who worry about housing costs is significant — and growing.

But what sets her apart is her ability to translate complexity into something leaders can act on and employees can trust.

Global Medical Trends, 2024-2026, Globally and By Region Geographic Area 2024 2025 (expected) 2026 (projected) Global* 9.5% 10.0% 10.3% Latin America* 9.6% 10.5% 11.9% North America 7.4% 9.4% 9.2% Asia Pacific 11.8% 13.2% 14.0% Europe* 9.4% 8.3% 8.2% Middle East and Africa* 8.5% 10.3% 11.3% * Global, Latin America, Europe, and Middle East and Africa numbers exclude Argentina, Egypt, Nigeria, Turkey and Zimbabwe due to volatile inflationary environments.

WTW’s 2023 “ Dynamics of Work ” survey found only 21% of organizations were allowing globally remote work and had set up policies and frameworks around the concept.

Tax Filing for Non-Residents The U.S. tax system is confusing, but it can be even more daunting for new foreign workers.