Free Trend Report Free 2018 Report & eBook

Get the top 100 trends happening right NOW -- plus a FREE copy of our award-winning book.

Keynotes.org Our Research Methodology

This article is one of 350,000 experiments. We use crowd filtering, big data and AI to identify insights.

Facebooking On The Job Causes $5B Loss Downunder

 - Aug 21, 2007
References: news.yahoo & abc.net.au
Social networking addictions are getting in the way for a growing number of Australians. In order to keep up with their Facebook contacts, Aussies are spending countless business hours on keeping up their online activities. Virtual communications are gobbling up so much of the 9-5 workday that its costing companies downunder an estimated A$5 billion ($4 billion) a year.

"We looked at a typical Facebook user's online time, which is about an hour a day. Some people use much more than an hour a day," said Dr. Richard Cullen of SurfControl. The company looked at the average weekly wage and the number of companies in Australia to calculate the the hefty figure.