RSS

ELAS: Christmas shopping to hit productivity

Oct 31 2011

Festive gift buying could cost businesses £5 billion Festive gift buying could cost businesses £5 billion

Festive gift buying will cost businesses £5 billion as email discounts tempt workers to shop from their desks, according to a business support specialist.
 
ELAS says that workers will be encouraged by email discount sites to respond as soon as they get the email in the morning.
 
As a result, employees often spend the first 30 minutes to an hour of any working day reading their discount emails then shop around online before redeeming the deals, says the organisation.
 
Peter Mooney, head of employment law for ELAS says, ‘Every year, more people are going online for Christmas presents, and even those who don’t will end up spending hours window shopping on the internet.
 
‘But while in the past few years, we’ve seen that most workers sensibly do this in their lunch hours or after 5pm, the explosion in deals sites such as Groupon are causing people to do their shopping at the start of the day.’
 
When including the time it takes to sift through the original emails, ELAS expects full-time workers to spend an average of 30 minutes a day shopping from their desks in the run up to Christmas.
 
Working on an average hourly wage of £12.60, that could amount to a total of £5.3 billion in lost time during the next 40 working days to December 23.
 
Mooney adds that if the activity was restricted to lunch hours, most employees would have no complaint.
 
‘Those who leave the office and shop on the high street during their lunch hours have already spent valuable time in the morning looking for ideas or comparing prices from their desks when they should be working,’ he says.
 
‘No boss wants to shoot a hole through goodwill and office morale by playing Scrooge in the office, but this time adds up and, in reality, costs money.’

Comments

There are currently no comments on this article

Mentoring – Now there’s a bright idea for business

Whether you're starting up, taking your business to the next level or just need a sounding board, Lloyds TSB understands that a business mentor can offer you the support and guidance you need to develop your business. Find out more today.

Win with UK2’s Business Hosting

Win tickets to the British GP with UK2’s Business Hosting. Find out more today.

Compare business insurance quotes

Tailor your policy, compare quotes and buyin minutes! Up to 50% No Claims Discount. Public and Employer's liability, Professional Indemnity, Business premises (also for home based workers) and more! Compare quotes now or call 0845-0723340 today.

Are you expecting to hire this year?




Site map

« Expand to view
Small Business Offers