Did you know you might be paying each member of your staff £432.00 per year just to sit on their bum?
A slow or unreliable internet connection might be losing you more money than you think!
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A study commissioned by Virgin Media Business, which interviewed 1,103 senior decision makers in British small and medium sized enterprises (SME) in order to claim that the average employee loses 15 minutes a day to slow Internet speeds and that 57% of SMEs believe the Internet is critical to their business.
So effectively what is being said is that you might be paying for someone to sit on their bum for 15minutes every day and do nothing.
Quick maths on this and you could be losing 60hours per year per member of staff (based on 48wks to allow for 4weeks holiday).
60hrs per year may not sound a lot but let’s convert this into what people know best, COLD HARD CASH!
The figures below are based on the Living Wage, so depending on what industry you are in the cost could quite easily be 2 or 3 times more expensive!
The Living Wage is £7.20 per hour and you might be losing 60hr per year per member of staff. If this is the case you could be losing £432.00 per year.
1 Member of Staff: £7.20 x 60hr = £432.00 per year