MySpace and Facebook Make Workers More Productive, Study Finds
The general thrust of the report's argument is that social networking sites are an indispensable part of relationship building and can help employees connect with clients and coworkers. Peter Bradwell, the author of the report, told Reuters that sites like Facebook can increase workplace efficiency and creativity, but that practical guidelines should be put in place to limit their use in the work place.
Bradwell's logic seems pretty solid, or would if it wasn't for the fact that we have a hard time believing employees won't spend half their time distracted by weepy emo-girls and leaving comments for friends like "OMG! you were so drunk last night!"
Still looking for a way to justify a site like Facebook for business purposes? Check out this list of five Facebook apps for the office. [From: Reuters]
Some genius has finally figured out how to take the business of selling pre-written reports to college kids and adapt it for adults. The new site, 
Vanishing staplers aren't the only employee-related phenomena bleeding the corporate world dry. According to a new study by U.K.-based employment law firm Peninsula, roughly £130 million (or about $264 million U.S.) is lost per day by British corporations due to office workers dillydallying on Facebook. That's the equivalent of 233 million employee hours per month. And British companies 
