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The hidden cost of running an office

The hidden cost of running an office Desk Space The average total occupancy cost per workstation per year London (West End) £13,342.48 London (City) £9,727.78 Birmingham £4,960.48 Manchester £4,722.31 Cardiff £3,357.26 Power Surfing the internet £695.99 £939book 4.4% of working time is lost surfing the internet for personal use, which accounts for 95 minutes a week, at an average annual cost of £939 per employee Average office worker uses 6,886.7kwH each year, at an approximate cost of £695.99 per year Office Supplies Each employee uses on average £16.98 worth of toilet roll per year Utilities Eastern £608.09 North West £647.35 London £676.96 North Scotland South Western £690.73 £721.03 Average power cost per employee per annum Tea breaks 24 mins per day making hot drinks, costing £400pa ployee per 800 Leaving a monitor on overnight wastes enough energy to print 800 pages £400) The average annual cost of employee absence per year is £600 Sick days £600 £600 Smoking breaks North East £70.3m South West £161.4m East £166.4m West Midlands North West South East £225.5m London £326.7m £173.3m £274.2m The direct costs to employers of smoking related absences and breaks around the country Expenses DATE Every Yeac On average, employees claim back £462 per annum of personal spend on their business expenses. 24% tell their employers that they have spent the money on travel and 19% on accommodation THE BANK OF ME PAY Me ME ME! Four thundred and Sirtu Te Peunds Onig. DPENSES BRANCH 2462.00 MY EMPLOYER 01238769: :000243: :01:02:02 The median income of employees in each region by week: |Salaries London £642.30 South East £523.70 Scotland £488.20 East Midlands £465.20 North East £442.30 In 2010 the mean income for a UK worker (before tax) was £22,900 DTZ Research, 2010 (http://bit.ly/iMqLL3) Carbon Trust, 2011 (http://bit.ly/jFylmm) Low Carbon Life survey, 2006 (http://bit.ly/İHERKB) EDF Energy Rate Card, 2010 (http://bit.ly/inlUWA) CIB. 2008 (http://bit.ly/18TpLy) The London School of Economics, 2009 (http://bit.ly/iKKysT) Online Opinion survey, 2010 (http://bit.ly/madk03) FairFX, 2010 (http://bit.ly/IMXK56) Office for National Statistics, 2010 (http://bit.ly/hsaR4j) towergate insurance Towergate Insurance is a trading name of Towergate Underwriting Group Limited, registered in England with Company number 4043759

The hidden cost of running an office

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From staff surfing the web to taking a sick day – business insurance experts Towergate highlight some hidden costs of running a business and office.

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