Study: Use of Social Networks at Work Costs Companies Big Money

From the Article:

A U.K. firm today released a study showing that people who use Facebook, Twitter and other social networks while at work extract a heavy cost on their employers.

Employees who use Twitter and other social networks in the office are costing U.K. businesses about 1.38 billion pounds, or more than $2.25 billion a year, according to London-based Morse PLC, an IT services and technology company. Morse surveyed 1,460 office workers and found that 57% browse social networking sites for personal use while in the office.

Those workers use social networks an average of 40 minutes a day at work, which adds up to a lost week each year, the survey found.

Source: Computerworld

See Also: A Bit More via the Official News Release from Morse PLC

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