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Facefacts: The real cost of social networking to your business

16 Oct 2007 4:25PM

Heard of Facebook? You'd have to have left the planet not to, as employers and employers' groups have suddenly realised what it's costing their businesses! Surveys around the use of Facebook in workplaces estimate that businesses face a cost of £130m a day, due to the fact that employees are spending inappropriate amounts of time chatting to their friends.

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There's no doubt about it, employees are getting more expensive!

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