Glassdoor’s third annual Employee’s Choice Awards gives Facebook the top recognition, with its employees averaging 4.6 out of 5.0 in overall satisfaction.
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While Facebook generates less than a billion a year in revenue, it’s impressive just how much use of the service costs employers each year. One company has calculated that use of social networking sites in general (of which Facebook makes up the vast majority of usage) cost employers upwards of $2.25 billion each year in lost employee productivity. It’s forcing many companies to question whether or not to ban the site all together.
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