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A tough but rewarding year
As for making the numbers up, this kind of tosh is only going to prove that Peninsula don't have a clue what they are talking about!
But as you say, in the war for talent, new employees will be looking more closely at corporate social networking policies (if they exist) ... they seem a strong indicator of innovative corporate and HR practices.
Never got around to it, of course. It would have taken too much time away from productive work...
11-09-2007 - BBC News
The BBC News website released Peninsula’s survey results in regards to social networking and the cost to UK companies. The story was the 2nd most read article on the news website and included comment from Mike Huss.
47% of the UK population works. Average working hours for those are 8 hours 43 minutes or about 174 hours per month.
If the Facebookers are an average population they should work (3.5 x 0.47 x 174) = 286 million hours per month in total. Of which they spend 233 million hours on Facebook during work hours it seems.
In other words if you replace PLCs with all work in the UK you would come to that all UK Facebook members spends 7 hours 30 minutes per day and during work hours on Facebook leaving 1 hour 14 minutes to real work, walking the corridors, eating and so forth.
But of course, it is truly very bad that they spend all that time online on Facebook when on the farm tractor, when conducting the tube, when driving taxis and running Peninsula. Glad I'm not British!
(Could perhaps explain why the editors cannot calculate either, they spend all their time on Facebook!)
Mind you, judging by the comments by a Peninsula employee to my post they are not all rocket scientists anyway.
By the way, you will be happy to read that thanks to disappointing news articles like the one we linked to I am just about to re-open my FB account. Who would have thought, eh? heh
Stay tuned...