Keep Employees and Increase ROI

by Ari Herzog on August 21, 2008

This is the first of three parts that explain why it is impractical for companies and government agencies to block internet access.

Companies must consider the real possibility of employee dissatisfaction and resignation as the direct result of blocking access to web email programs, blogging applications, and social networking tools. If necessary, they must hire people who understand this.

The U.S. Congress and the military should take note.

someecards.com
Social networking is linked to employee retention

According to a June 2008 poll of United Kingdom workers, 39% of employees ages 18-24 and 16% ages 25-65 would quit if presented with any form of an internet ban.

With Baby Boomers retiring over the next decade, you should focus on increasing your ROI and not forcing Generation Y (and other classes of society) out the door because of concerned workplace productivity, low morale, or bandwidth contraints. Because if you do, they will work for your competition.

The cost of employee turnover is roughly calculated as 150% of one’s salary, up to 250% for managerial salaries. Staff turnover in Australia is the equivalent of 10% of the country’s GDP. Businesses should minimize these escalating corporate costs. The U.S. Department of Labor offers companies an online worksheet.

Do you disagree with these statistics?

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Related posts:

  1. How to Increase Google Results 35% in 20 Months
  2. How Unfollowing May Increase Twitter Productivity
  3. Social Media: Banning vs Blocking

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