Tuesday October 25, 2005

Following the Money

Ad Age hit the sphere yesterday with the staggering, yet somehow completely unsurprising, news that workers will waste the equivalent of 551,000 years reading blogs in 2005. That sounds like a lot, but is it? Well, it works out to about $77 billion in lost work, which puts reading blogs right between employee theft and alcohol among causes of lost productivity, which sounds just about right.

Here’s a list of some other leeches on the flabby underbelly of capitalism, along with what they cost:

Poor Writing	$3B
Workplace Bullying	$15B
Obesity	$12B
Sleep Deprivation	$18B
Spam	$20B
Dementia	$33B
Employee Theft	$50B
Blogs	$77B
Alcohol	$134B
Stress	$200B

Posted by jim at 12:09 PM ||