A study by IT service provider Morse has found that 57 per cent of employees spend at least 40 minutes per week on social networking websites such as Twitter, costing their employers around £1.4 billion every year in lost productivity.
According to the Financial Times, the time wasted amounts to just under a full working week every year, while Morse has suggested that these figures could be lower than reality as respondents may have underestimated their usage.
Of those surveyed over 75 per cent reported that their employers has not issued any usage guidelines for Twitter, which Morse says leaves businesses open to security risks, potential brand damage and reduced productivity.
“The popularity of social networking sites such as Twitter and Facebook has grown considerably over the past couple of years,” said Morse consultant, Philip Wicks. “However, with it has come the temptation to visit such sites during office hours. When it comes to an office environment, the use of these sites is clearly becoming a productivity black hole.”
Advertisement
Related Stories
- Deported from US for 'destroy America' tweet Jan 31st 2012 at 6:36AM
- Twitter can now censor tweets by country Jan 27th 2012 at 2:01AM
- HP says British small business is bouncing back Jan 20th 2012 at 2:12AM
- Virgin Media launches cloud services Sep 28th 2011 at 4:50PM
- Twitter hits 100m active users Sep 11th 2011 at 10:59PM
- Tech retailers count riot costs Sep 2nd 2011 at 12:01PM
- PCR?s week in review Aug 12th 2011 at 2:31PM
- MP calls for BlackBerry ban Aug 9th 2011 at 5:51PM
- Is this the dark side of social media? Aug 9th 2011 at 11:08AM
- Over half of parents cyber-snoop on their kids Jul 12th 2011 at 12:47PM
Follow Follow this article if you would like to receive notifications of updates.
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!