Employability: Difference between revisions
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Employability is calculated the using the following formula: | '''Employability''' is calculated the using the following formula: Number of employment years provided/Million of € of vested capital. | ||
Number of employment years provided / Million of € of vested capital | |||
The ever increasing productivity from more advanced science and technology has lead to a situation where '''employment''' in [[industry]] is on a decline and people are losing their jobs due to increse in automation and to productive factories are relocated to countries where workforce is cheaper and perhaps taxes are lower. This is a big concern in [[Finland]] and likewise in many industrialised [[countries]] | The ever increasing productivity from more advanced science and technology has lead to a situation where '''employment''' in [[industry]] is on a decline and people are losing their jobs due to increse in automation and to productive factories are relocated to countries where workforce is cheaper and perhaps taxes are lower. This is a big concern in [[Finland]] and likewise in many industrialised [[countries]] | ||
==The Concept of Employability== | ==The Concept of Employability== | ||
Employability is the [[ratio]] in which employment provided by some [[company]] in some [[country]] is compared to it's [[cashflow]] or [[assets]]. Which is more useful as an instrument to measure how much employment a purchase causes should be discussed. | Employability is the [[ratio]] in which employment provided by some [[company]] in some [[country]] is compared to it's [[cashflow]] or [[assets]]. Which is more useful as an instrument to measure how much employment a purchase causes should be discussed. | ||
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Some consumers might be ready to pay a [[price premium]] to [[companies]] that provide more employment then the competing [[product]], if they can be very directly compared. | Some consumers might be ready to pay a [[price premium]] to [[companies]] that provide more employment then the competing [[product]], if they can be very directly compared. | ||
== | ==Motivation for tax shift== | ||
One motivation for a [[green tax shift]] is that it reduces taxes on labour, by increasing taxes on waste and resource use, and so improves '''employability'''. | One motivation for a [[green tax shift]] is that it reduces taxes on labour, by increasing taxes on waste and resource use, and so improves '''employability'''. | ||