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22 Jun 2010

Trading Floor TVs Help Prevent World Cup Related Absenteeism

Author: cmccaffrey | Filed under: Uncategorized

With most World Cup games taking place during working hours, many employers (particularly in Europe) are making concessions to employees by showing games on trading floor TVs to help avoid absenteeism or clogged Internet networks as workers log on to live streams of the games. According to the Chartered Management Institute, the cost to U.K. businesses in terms of lost working hours may reach 1 billion pounds ($1.48 billion). According to a survey conducted in April by YouGov and Telegent Systems cited by Bloomberg, 38 percent of employees in England would be prepared to skip work to watch the soccer. Of 2,463 people interviewed online, 48 percent said allowing staff to watch games at work would have the most positive impact on morale.

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