Social media costs U.K. firms $2.3 billion

10/27/2009 | Forbes

Twitter may be a free service, but it costs British companies $2.3 billion annually in employee time and work resources, according to a TNS survey. About 57% of respondents said they used social networks for personal purposes at work, spending an average of 40 minutes per week on social sites. Consultants say social services have a range of business uses, so companies should set social-media policies, rather than banning the sites.

View Full Article in:


Published in Brief:

SmartBrief Job Listings for Media

Job Title Company Location
Director, Operational Enablement and Excellence
Pandora Media, Inc.
Okaland, CA
Sales Director - ROBLOX (New York)
Programmatic Manager
A+E Networks
New York, NY
Assistant Professor or Instructor of Advertising
Loyola University Chicago
Chicago, IL
National Sales Manager/Midwest
American City Business Journals/The Business Journals