HRreview Header

Black Friday and Cyber Monday expected to cost UK businesses millions

-

black-friday300

With both Black Friday and Cyber Monday 2015 set to break last year’s records, and retailers such as Amazon, Apple and Debenhams scheduled to cut prices on November 27 and 30, employment law expert ELAS Business Support is warning UK businesses to be vigilant or risk losing valuable hours.

ELAS head of consultancy, Peter Mooney, says: “Retailers across the UK reported record figures following 2014’s Black Friday and Cyber Monday sales. However, not every business had cause for such celebration. With more than £810 million spent on approximately 404,835 online orders on Black Friday and a further £650 million spent on Cyber Monday, productivity in the workplace took a considerable slide, costing the UK economy millions of pounds in lost working hours over the two days.

“Unlike the US, we don’t have the luxury of Black Friday or Cyber Monday falling on a national holiday, so any time spent scouring the internet for a bargain will most likely take place during work hours. And, although it’s understandable that no one wants to miss out on a pre-Christmas bargain, employees need to know that browsing and buying during contracted work hours isn’t acceptable.”

ELAS advises that in the run up to Black Friday and Cyber Monday, employers must have a clear internet policy in place and ensure that it is properly implemented with the appropriate training given.

Peter adds: “No one wants to have to take disciplinary action against an employee as a result of online shopping, but it is advisable that this step should be taken if the internet policy is breached.

“If reminding staff of a policy isn’t enough to get the message across (which can be the case in larger companies) it’s a good idea to have engaged content filters on all work computers to block access to retail websites. This may seem like a drastic step, so to keep up morale, staff should be allowed to access their favourite sites during breaks, with firewalls lifted during those periods only.

“It doesn’t all have to be doom and gloom when it comes to Black Friday and Cyber Monday. If employers take this annual sales bonanza into account well in advance, they can offer their employees the opportunity to use some of their annual leave allowance to go shopping.

“Another thing employers also need to consider is the aftermath from Black Friday and Cyber Monday, with staff arranging to have their bargains delivered to the work address. Large companies whose post intake generates a lot of administration on a daily basis, could discover that vital hours are being lost as a result of sorting packages that are not work-related.

“Employers are well within their rights to ban this practice if they believe it is affecting productivity and they can do so by implementing a fair and equal blanket policy.”

Robert joined the HRreview editorial team in October 2015. After graduating from the University of Salford in 2009 with a BA in Politics, Robert has spent several years working in print and online journalism in Manchester and London. In the past he has been part of editorial teams at Flux Magazine, Mondo*Arc Magazine and The Marine Professional.

Latest news

Turning Workforce Data into Real Insight: A practical session for HR leaders

HR teams are being asked to deliver greater impact with fewer resources. This practical session is designed to help you move beyond instinct and start using workforce data to make faster, smarter decisions that drive real business results.

Bethany Cann of Specsavers

A working day balancing early talent strategy, university partnerships and family life at the international opticians retailer.

Workplace silence leaving staff afraid to raise mistakes

Almost half of UK workers feel unable to raise concerns or mistakes at work, with new research warning that workplace silence is damaging productivity.

Managers’ biggest fears? ‘Confrontation and redundancies’

Survey of UK managers reveals fear of confrontation and redundancies, with many lacking training to handle difficult workplace situations.
- Advertisement -

Mike Bond: Redefining talent – and prioritising the creative mindset

Not too long ago, the most prized CVs boasted MBAs, consulting pedigrees and an impressive record of traditional experience. Now, things are different.

UK loses ground in global remote work rankings

Connectivity gaps across the UK risk weakening the country’s appeal to remote workers and internationally mobile talent.

Must read

David Freedman: Is service the new sales?

A recent study of senior sales and marketing executives...

Managing an ageing workforce

In the build up to November's Workplace Diversity &...
- Advertisement -

You might also likeRELATED
Recommended to you