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Edition: U.S. Article Comments (4) Save Email Print Reprints Most Popular Most Shared Cancer cells slurp up fructose, US study finds 02 Aug 2010 Dog chews off Michigan man's toe, saves his life 04 Aug 2010 Wheat soars to limit on Russia export halt 4:42pm EDT Factbox: Developments in the Gulf of Mexico oil spill 4:43pm EDT Chinese luxury wannabes try to shake off "Made in China" image 04 Aug 2010 Analysis: Google takes on Facebook in social games 04 Aug 2010 Naomi Campbell tells court of "dirty pebbles" | Video 1:10pm EDT BP cements Gulf oil well, sets up for permanent kill | Video 4:44pm EDT Jobless claims raise doubts about economy | Video 4:34pm EDT Gay marriage appeal notice filed | Video 3:18pm EDT Cancer cells slurp up fructose, US study finds 02 Aug 2010 Dog chews off Michigan man's toe, saves his life 04 Aug 2010 U.S. billionaires pledge fortunes to charity 04 Aug 2010 Gay marriage appeal notice filed | Video 3:18pm EDT U.S. judge overturns California gay marriage ban 04 Aug 2010 Analysis: Google takes on Facebook in social games 04 Aug 2010 Geithner blasts Bush policies for debt 04 Aug 2010 Mortgage rates hit record lows 10:56am EDT Google's Android leads U.S. smartphones 04 Aug 2010 Naomi Campbell tells court of "dirty pebbles" | Video 1:10pm EDT Facebook and other social media cost UK billions Digg This Tweet This Share on LinkedIn Share on Facebook Related News Analysis: Google takes on Facebook in social games Wed, Aug 4 2010 UPDATE 1-Kenya's social media atweet with referendum chatter Wed, Aug 4 2010 Despite Madoff lesson, new ponzi schemes lure investors Tue, Aug 3 2010 UPDATE 3-Disney buying Playdom for at least $563.2 mln Tue, Jul 27 2010 Brazil Green Party candidate banks on social media Thu, Jul 22 2010 Analysis & Opinion What does 10 million Facebook fans mean? Lessons from The Old Spice Man Related Topics Technology » iPad » Lifestyle » Media » A Facebook page is displayed on a computer screen in Brussels April 21, 2010. Credit: Reuters/Thierry Roge By Paul Casciato LONDON | Thu Aug 5, 2010 12:09pm EDT LONDON (Reuters) - Employees who fritter time away on Facebook, Twitter and other social media Web sites are costing British businesses billions, new research suggests. British employment website MyJobGroup.co.uk said it polled 1,000 British workers and found that nearly six percent, or 2 million, of Britain's 34 million-strong workforce spent over an hour per day on social media while at work, amounting to more than one eighth of their entire working day. "Our results clearly show that UK workers are spending increased time whilst at work on social media networks, which, left unchecked, could have negative repercussions on the productivity of many companies across the country," Managing Director of Myjobgroup.co.uk Lee Fayer said in a statement with the results of the survey. MyJobGroup.co.uk said that work time lost on Facebook, Twitter and other social media networks could potentially be costing Britain up to 14 billion pounds ($22.16 billion). The research showed more than half of British workers (55 percent) confessed to accessing social media profiles at work, with many spending so much time friending, tweeting, adding photos and video, as well as updating their profiles, that companies' productivity was suffering as a result. Despite the negative effects on the economy in the midst of a fragile recovery, many workers polled were in denial about the ill-effects of social media on their efficiency. Only 14 percent of respondents admitted to being less productive as a result of social media and 10 percent even claimed social media had made them more productive. What's more, there was still widespread resistance to banning access to social networks at work, with over two thirds (68 percent) advocating some form of access during working hours. Only one third wanted sites like Facebook, Twitter, Flickr and YouTube barred during work time, demonstrating the growing importance of social media to the daily routine and the widespread resistance to its access being limited. "Whilst we're certainly not kill-joys, people spending over an hour per day in work time on the likes of Facebook and Twitter are seriously hampering companies' efforts to boost productivity, which is more important than ever given the fragile state of our economy," Fayer said. "Companies would do well to monitor use of social networking sites during work hours and ensure that their employees are not abusing their freedom of access to these sites." Technology iPad Lifestyle Media Comments See All Comments (4) | Post Comment Aug 05, 2010 12:53pm EDT That’s why opendns is such a good idea. And it’s free. ElroyFromIowa Report As Abusive Aug 05, 2010 1:11pm EDT The trouble with these sort of claims of costing business X billion pounds, is they all based on the false assumption that if the people weren’t doing the activity in question, they’d be working instead. I think most people have a built-in slacking-off quota and they’ll spend that one way or another. If it doesn’t go on Twitter, it will go on chatting about football or last night’s TV programmes, or standing outside smoking. Productivity isn’t being affected, since the time was never going to be channelled effectively in the first place. bykimbo Report As Abusive Aug 05, 2010 1:12pm EDT An hour a day isn’t much IF employees – as they are in the U.S. – are spending more and more time at their job. In fact, blurring the lines between work and life only benefits companies as employees will remain more engaged for longer periods of time. Imagine the opposite of “clock watchers.” CowboyVampire Report As Abusive Aug 05, 2010 2:47pm EDT Yes, it costs a lot, for sure! However, a motived employee can give more! qwinki Report As Abusive See All Comments (4) Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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