this post was submitted on 19 May 2025
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Economy

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[–] MakingWork 2 points 2 weeks ago (1 children)

An alternative will be to cap the number of workers and accept a decline in service levels, it said, adding: “There is a third option of addressing productivity directly, taking measures to boost output per worker through skill development, operational changes, or otherwise.”

Without information on why productivity is dropping, skill development and fixing processes/ operations seems like a good return on investment vs $5 billion on hiring.

[–] [email protected] 2 points 2 weeks ago* (last edited 2 weeks ago)

I think productivity is dropping because the cost of living is increasing sharply, wages have stagnated and employees are generally underpaid, infrastructure has long been neglected and there's not much money for funding to fix that, and there's a shortage of workers so people are overworked and over-stressed. And a big contributing factor to many of those factors is the aftermath of Brexit.

All these factors are heavily affecting morale and productivity. At least that's what my friends and family in the UK tell me.