The distribution of the LPT will have to be adjusted. For every €1 spend per person on local services in Dublin there's €90 spent in Leitrim. If there is a greater balance of population and economic activity then there will be a rebalancing of State spending.
Also alot of people WFH now may only be doing it as long as the corona lockdown lasts when the government subsidises are still there. Maybe as companies come under financial pressure they might decide they don't need all these WFH workers especially if they are not particularly skilled. They could just be a legacy of office based work which now they can do without.The discussion around the up-side or working from home is very blinkered towards the college educated middle classes.
Those most likely to have disproportionately curtailed their spending since March 2020 and to have been in a position to accumulate savings are also those with relatively low marginal propensities to consume. This means that the boost to consumption when the pandemic is over may be lower than would be the case if the shock had been equally distributed across households. There is also considerable uncertainty as to where and how quickly these savings will be spent, which will have significant implications for the recovery. For example, will the savings accumulated as a result of public health restrictions be spent in the areas that were closed, including restaurants and hotels? Figure 7 shows that home improvements and future holidays feature highly in households’ intentions while building savings is the most likely use. A potential avenue for these savings could be down payments on residential property mortgages
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What is the connection between working from home and Corona subsidies? Corona subsidies are not given to all companies.Also alot of people WFH now may only be doing it as long as the corona lockdown lasts when the government subsidises are still there. Maybe as companies come under financial pressure they might decide they don't need all these WFH workers especially if they are not particularly skilled. They could just be a legacy of office based work which now they can do without.
Remember the "4th industrial revolution "is also about automating office based jobs, it's not all about driverless cars which is proving to be technically very difficult still.
Also is there a danger that teachers and other professionals are hollowing out their own professions by insisting on WFh. I think they are being very short sighted
But business is rarely as efficient without face to face and head to head interaction, and that's been proven for near 100 yrs.The company that I work for (just until the end of the week now) has c. 20,000 employees worldwide and thought that now was a good idea to introduce mandatory individual forms for employees applying for WFH and only allowing up to 2 days of same per week. And this in spite of record productivity and financial results over the past two years.Imagine the cost of processing these forms for even a fraction of 20K employees... BS like this is part of the reason that I decided to leave after almost 17 years. The bureaucracy and dysfunction is just soul destroying and I can only imagine how much better the results/finances would be if they just applied some common sense to stuff like this...
Yes, you obviously misread it.You work for a company but left 17 yes ago or did I misread?
ApologiesYes, you obviously misread it.
I'm surprised any company of that scale didn't have that process nailed down years ago! Any employer facilitating WFH without a formal process in place is exposing themselves to quite a bit of risk. The H&S implications alone mean an employer who doesn't formalise the process is careless.The company that I work for (just until the end of the week now) has c. 20,000 employees worldwide and thought that now was a good idea to introduce mandatory individual forms for employees applying for WFH and only allowing up to 2 days of same per week.
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