[brownedbits]

Originally Posted by BobNJ1960

Our covid corp task force is not even discussing a return date, and we are actually in the essential category.

Same. My company is also essential and we are staying out of the office indefinitely. It isn't worth the risk to return, both to the employee or to the company liability-wise. People are allowed to go in if they need to because the building is technically open, and when they do they are required to wear a mask in all common areas. I don't see us shutting down the office completely forever, but I do foresee a future where we all commute only 2-3 days/week. Some things are just more productive onsite but a lot of things it just doesn't matter where we are physically located.

[robr2]

Originally Posted by ayoskillz

I said this about a month ago to jayct about people leaving big cities all together and commuting in every so often. Lets see how this plays out.

It would be interesting to see how taxes end up being but i still "THINK" if you are working under a company directly but just are based at home then you are still to pay the state taxes where your job is based in/at

It's based on where the work is done. Lots of NH residents that work for MA companies track their WFH days to reduce MA taxes. Their employers have to provide a letter attesting to the days worked in MA.

[Stepfordct]

Originally Posted by robr2

It's based on where the work is done. Lots of NH residents that work for MA companies track their WFH days to reduce MA taxes. Their employers have to provide a letter attesting to the days worked in MA.

So not sure if Ny has laws circumventing that.
Possibly could be a huge help to CT state coffers if many FFC people work from home?

[JayCT]

Originally Posted by BPt111

Connecticut Governor Says Days of Commuting to NYC May End

Those Monday through Friday commutes from Greenwich, Connecticut, to Wall Street may become a thing of the past.

Connecticut Governor Ned Lamont said the chief executives of some large companies have told him that telecommuting could help them save money by cutting office space by as much as 30%, signaling what may be a national shift by businesses. And with employees already stuck at home for weeks, they realize they can run just as well when they work at home.

About 43,000 people commuted to jobs in New York City in 2017 from Connecticut, whose wealthy communities are particularly attractive to Wall Street bankers

https://www.bloomberg.com/amp/news/a...mpression=true

Originally Posted by jxzz

Same content, more readable text from yahoo finance:
https://finance.yahoo.com/news/conne...183227412.html

Not surprising, old days of heavy commuting from fairfield county to NYC for jobs are over. Not sure how that will play out on CT economy and impacts on different counties of CT.

This is all very interesting. The work from home movement has been around for about 20 years now. It was very well embraced by Hartford area insurers and finance companies and is likely one of the reasons our state had the lowest number of jobs lost during this crisis. Even a number of New York and Fairfield County companies embraced it allowing workers to work from home one or two days a week. That made commuting from more affordable further out communities a little more acceptable. Now they are doing it almost entirely.

I have a friend who is a working mother and executive for a major Stamford corporation. Before the crisis she would work from home maybe one day a week. She has been fully working from home since this started and it’s worked well. So well in fact that she will be doing that at least through the end of the year. After that she’s thinking she will only go in one day a week. Before this crisis that would have been impossible.

Before this crisis there was starting to be a movement away from working from home. A few of the tech companies were cutting back on it to promote “team building”. Will see if that continues to happen. Jay

[NUHuskies01]

Originally Posted by Stepfordct

So not sure if Ny has laws circumventing that.
Possibly could be a huge help to CT state coffers if many FFC people work from home?

I worked from home in CT for a company in MA. My portion of my taxable income was paid my to MA and I got a credit back from CT for that portion. That also meant when I applied for unemployment last year, I had to run it through MA instead of CT.

So while CT may not get the income, they did not have to pay out the unemployment.

That is not saying the NY/CT relationship is the same. I think it really is done on a state to state basis.

Also, like others my current employer (in CT) has decided to let us all continue to work from home until the last week of June. Easier then figuring out how to get everybody back into the building safely.

[JayCT]

What a difference a couple years make. Connecticut is one of just seven states and the only one in the northeast that Moody’s Analytics rates as being fiscally safe during a moderate recession. That is very good news and shows that the hard work our state has done to improve its finances has paid off. I bet that won’t get nearly the press our state’s financial problems did a couple years ago. Jay

https://www.ctpost.com/news/coronavi...s-15270355.php

[ayoskillz]

Originally Posted by NUHuskies01

I worked from home in CT for a company in MA. My portion of my taxable income was paid my to MA and I got a credit back from CT for that portion. That also meant when I applied for unemployment last year, I had to run it through MA instead of CT.

So while CT may not get the income, they did not have to pay out the unemployment.

That is not saying the NY/CT relationship is the same. I think it really is done on a state to state basis.

Also, like others my current employer (in CT) has decided to let us all continue to work from home until the last week of June. Easier then figuring out how to get everybody back into the building safely.

Which could possibly be why in other post ct had one of the lowest states as far as unemployment because ny or ma is paying for alot of people unemployment vs ct

[BobNJ1960]

Originally Posted by brownedbits

Same. My company is also essential and we are staying out of the office indefinitely. It isn't worth the risk to return, both to the employee or to the company liability-wise. People are allowed to go in if they need to because the building is technically open, and when they do they are required to wear a mask in all common areas. I don't see us shutting down the office completely forever, but I do foresee a future where we all commute only 2-3 days/week. Some things are just more productive onsite but a lot of things it just doesn't matter where we are physically located.

Our GM must approve anyone coming in, even for a few hours, in the office.

[Stylo]

Originally Posted by JayCT

What a difference a couple years make. Connecticut is one of just seven states and the only one in the northeast that Moody’s Analytics rates as being fiscally safe during a moderate recession. That is very good news and shows that the hard work our state has done to improve its finances has paid off. I bet that won’t get nearly the press our state’s financial problems did a couple years ago. Jay

https://www.ctpost.com/news/coronavi...s-15270355.php

Just saw this. The naysayers hate it!

[CTartist]

Originally Posted by ayoskillz

She works for an hospital system in the Hartford area. Reason is to not lay the lower end workers off which its still surprising how a hospital is lossing money but i guess anything is possible at this giving time.

Also like i said before, you can make 500k and your lifestyle/expensives are based on that so a 25% reduction would hit hard. The more you make the more you tend to spend

I understand that but people who make big money have more access to money in an emergency. They usually have savings, 401K's, and equity in their houses etc.

My husband and I are middle class in Fairfield County(not upper class like your friend) and even we have access to money to get us through this that the people who make $40,000 to $50,000 a household don't have. Trust me, many middle class people in CT are more lucky than middle class people in many other states.

The hospitals are losing money now because they aren't doing any elective and non-emergency surgeries. Frankly I don't even want to go get any routine tests at the hospital (or imaging centers) until there is a vaccine. The least amount of time I can be near sick people the better.