2min chapter

The ONE Thing cover image

315. How to Thrive in a Virtual Workplace

The ONE Thing

CHAPTER

Do You Have a Small Company?

If you're a large company with a big hr, department, legal finance, these things may be easy. I think it's even smaller it's harder. There's a concept called a p e o, or e o r, employer of record or partial employment organization. These are companies that actually go register in all these states and areasn an aggregated for you to companies that want their ways a round this and their ways to do it in compliance.

00:00
Speaker 1
Yes,
Speaker 2
we've been navigating that as wellwe took artincpan ritual and figuring out. O right. I moved to denver. We had to file. There was an employ in illinois. We just hired somebody in california. Understod all your examples.
Speaker 1
Don't hire anyone in california if you have that sotedi
Speaker 2
and we know what that means. Ye, you're right. Having to understand, i thought it was just as simple as they can live wherever, and realizing there's a lot more that comes with it.
Speaker 1
Yen, if your small company is a huge bird, right? If you're a large company with a big hr, department, legal finance, you know, these things may be easy. I think it's even smaller it's harder. And a small company, there's a concept called a p e o, or e o r, employer of record or partial employment organization. These are companies that actually, like, go register in all these states and areasn an aggregated for you to companies that want their ways a round this and their ways to do it in compliance. It's just lot harder to do afterwards. And by the way, if you're ever thinking about getting an investor or selling your company, these are the things ta come up in due diligence that de rail the whole deal, finding out that, you know, you've had an illegal group of a employees, you know, in a state or something like that, for for years, and you owe all these bck taxes and stuff like that. So, like i said, people have been getting away with kind of actually breaking telaws on the books for a long time, because no one has been looking. After a global recession in all the cities and towns, and everyone desperate for revenue, and people moving and jurisdictions losing revenue, everyone is looking at this now,
Speaker 2
ye.

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