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News - 13 September 2011

The effect of social media on your business.

Acas, (Advisory, Conciliation and Arbitration Service) has bought out a guide designed to help businesses, staff and trade unions develop a policy on the use of internet, blogs and social media websites like Facebook and Twitter in and outside of work.

According to Acas, 55 per cent of staff are now using social media at work, either on computers or mobile phones. But employers are concerned that many staff are also abusing it by looking at their personal pages instead of working, posting derogatory comments about managers and colleagues, or buying and selling online.

Acas research has found that less than one in ten employers has a social media policy, however, some such as Her Majesty's Revenue and Customs (HMRC) and BT have issued their own policies. The main recommendation is that businesses consult with staff and trade unions to spell out the dos and don'ts of using the internet and social media, with clear consequences for breaching these rules.

John Taylor, Chief executive of Acas said:

“Employees should assume that everything they say on the internet could be made public, and should think whether they want their colleagues or boss to read it. They might not mean it, but what they post could end up being seen by billions of people worldwide."

Lavinia Newman of ABDS says:

“Some estimates report that misuse of the internet and social media by workers costs Britain's economy billions of pounds every year and add that many employers are already grappling with issues like time theft, defamation, cyber bullying, freedom of speech and the invasion of privacy.”


More information about the guide and how to form a policy can be found on  http://www.acas.org.uk/index.aspx?articleid=3375.

If you need any help and advice on this or a similar matter don’t hesitate, contact Lavinia Newman, Stuart Coleman or Tonmoy Kumar NOW to discuss how ABDS can help in all your financial planning and business advice.

ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail: abds@netaccountants.net

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