This coming November 30th (Cyber Monday 2009) in all likelihood might be a day frowned upon by employers - especially if they pay close attention to statistics about employee shopping habits.
A survey from the The Information Systems Auditing and Control Association (ISACA) shows that 63 percent of employees admit to holiday shopping online from their workplace computers. That’s not shocking. But they poke further to find out and estimate that a company may lose $3,000 worth of productivity per employee due to holiday shopping. Yikes! Even the online job posting outfit, CareerBuilder.com reports that employers lost $580 million in productivity on Cyber Monday in 2008.
Research firm BIGresearch conducted a survey for Shop.org and found just over 53 percent of those employees with Internet access, around 68.8 million, will shop from their computers at work. Nearly 75 percent of those in the 18-24 year-old bracket will participate and the male employees ‘outshop’ the women online, 56.3 percent to 50.8 percent.
But there is an upside to all of this.
Phil Rist, executive vice president of strategic initiatives for BIGresearch, has some good news for cringing employers: "Employees who spend 10 minutes at the office completing their holiday shopping online are likely to be much more efficient than those who use extended lunch breaks waiting in line at the store and fighting holiday traffic on the way back to work."




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