The effect of reducing wages of remote workers on society
a preliminary assessment
Informazioni aggiuntive
Autori
Beretta E.,
Desogus M.,
Karthikeyan S. I.
Tipo
Articolo pubblicato in rivista scientifica
Anno
2023
Lingua
Inglese
Sommario
Remote work has represented ‘the’ alternative to office work during the COVID-19 pandemic as it has (while enabling employees to fulfill tasks from home) prevented or broken contagion chains. Though not a new approach to work, the recent emphasis on telework has come with pleas to reduce the wages of remote workers. By means of a logical-analytical approach, the article analyzes why such policies are not only unjustifiable in terms of keeping average wages at an at least stable level, but even more if the final sales prices would not shrink accordingly and would boost the share of corporate profits to GDP. Even cutting wages and final sales could be “deflationary” first and “recessionary” then (i.e., impoverish the economy). The article preliminarily analyzes the economic impact of such proposals on countries with a large ICT sector contributing to GDP (i.e., where remote work is facilitated due to the wide diffusion of tools such as Internet connections, computer devices, etc., enabling it) and an underperforming labor market in terms of female participation.
Periodico
PSL Quarterly Review
Volume
76
Numero ( Mese )
307
Pagine (o numero dell’articolo)
392- 373
Diffusione
Licenza
CC BY-NC-ND
Visibilità
Pubblico
Status open access
Gold
