Most company directors think the economy will be fully reopened by the end of 2021

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Some 30% of business leaders believe a continuing slow roll-out of the vaccine is the biggest threat to their companies, according to the Institute of Directors in Ireland.

Image: Sasko Lazarov Image: Sasko Lazarov MOST IRISH COMPANY directors and executives expect the economy to be fully reopened in the fourth quarter of 2021, according to a new survey.

According to the Institute of Directors in Ireland’s latest Director Sentiment Monitor, a quarterly survey of its members, 53% believe the vaccination of a majority of the population will allow for the full reopening of the economy in the last three months of the year. An overwhelming 67% of directors surveyed said they believe employers should continue to follow government advice around working from home for all non-essential staff.

“That said, it is reassuring that a clear majority of them are of the belief that employers should continue to follow the Government’s advice with regard to working from home for all non-essential staff. Patience and compliance will serve everyone best over the coming weeks and months.”Nearly half of the 245 respondents believe the vaccination programme will allow their employees to return to the office in the final three months of the year.

 

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