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Entrepreneurs do not plan to take on more staff or make new investments

2021-07-29T17:05:50.115Z

Inflation, the dollar and the lack of an economic plan continue to predominate among the factors that most concern the business sector.



Martin Bidegaray

07/29/2021 13:04

  • Clarín.com

  • Economy

Updated 07/29/2021 1:47 PM

Entrepreneurs estimate that the economic situation is stable, with a slight recovery

compared to how they were in the middle of last year.

In a crisis scenario, there is little chance of improvement in your staffing.

Even with negative expectations, pessimism declined compared to mid-2020.

The depth of the crisis generated by the pandemic was as expected by businessmen.

The recovery of the economy and sales was not immediate, as managers imagined,

according to the expectations survey of the IDEA Colloquium, which is usually a thermometer of the feelings of company executives.

Inflation, combined with

the lack of an economic plan

,

uncertainty

, the dollar, the

management of the pandemic, tax pressure and the increase in public spending

are the

negative factors observed

, while the greater opening of activities due to the

uprising of restrictions and the slight recovery of income by the joint companies are the encouraging factors.

Sales expectations are similar to those registered in the previous measurement, which was in October 2020.

36% estimate that their shipments will grow, against 38% that expressed the same in 2020

.

26% estimated that they will not be modified.

There are not many differences by sector, although in SMEs there is a slight improvement in expectations.

The IDEA Executive Expectations Survey released this Thursday, conducted by D'Alessio Irol among 250 executives from different sectors of the economy, reveals that no major improvements are in sight on the export side either.

75% consider that they will not be modified or will increase moderately, against 71% who expressed the same in 2020.

Only 21% have new investments on the agenda

, very similar to the 17% who responded that in 2020. That also

carries over

to job creation: scale from 17% in 2020 to 20% in 2021

, with a small improvement.

The estimated investment as a percentage of annual turnover is around 10%.

Entrepreneurs see the country as uncompetitive due to different factors.

The most mentioned are the pending tax reform so that there are fewer taxes (64% of the responses), the drop in inflation (51%), the proper functioning of the justice system and the institutions (48%), and a labor reform ( Four. Five%).

The appropriate measures to encourage investment surveyed in 2021 are also the same as those that prevailed in 2020;

institutional stability (74%), revision of the tax framework (60) and of the labor market (55%).

What happened in Pandemic


Almost all companies (95%) said they took advantage of the pandemic to advance digital transformation and other transformations.

However,

74% state that their staff are very stressed

, whether due to the pandemic, the attempt to balance work and home, uncertainty about the future, isolation or the social situation.

63% study “hybrid” forms of work, which include some forms of telework

.

28% say that this possibility will only be available to those who can continue their work from home.

6% have not decided yet and 3% maintain that no one will telecommute.

YN

Source: clarin

All business articles on 2021-07-29

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