Every smart business owner and manager knows that time is money. This is especially true when employees are waiting on a slow internet connection. Waiting for web pages, social media, and video to load is a waste of your company’s time and money. Internet speeds directly impact employee idleness and result in a significant amount of financial waste for businesses.
Why Internet Speeds Matter
Today’s businesses have to use the internet for most work-related tasks. Whether we are managing business social media accounts, collaborating on projects, communicating by email or a messenger app, or uploading content to websites, we use the internet for many important business tasks.
Having a slow internet connection destroys employee productivity and reduces the amount of work an employee can complete during the workday. This can have a major impact on your business.
A recent survey estimates that the average employee wastes one week every year waiting on slow internet load times. When the internet speed is slow, a business pays its employees when they are idle. Businesses need the proper bandwidth to ensure employees are consistently productive and can access the tools they need when they need them.
Today’s Bandwidth Demands Are High
In the past couple of years, we have seen a rise in the use of video for both websites and social media. Video is excellent for business marketing as it receives a higher engagement rate and more impressions and shares on social media than graphics. However, streaming video is one of the most taxing activities in terms of bandwidth.
Most businesses today use video to some degree. Training videos and webinars are on the rise for internal use, and video use is also increasing for business-to-customer communications. These tasks make high-bandwidth a necessity for all businesses.
Slow Internet Speeds and Employee Morale
We all know how annoying it can be when a web page takes too long to load. A recent study in Australia revealed that 60 percent of employees were annoyed by slow internet speeds at work. Businesses need employees to be able to perform their tasks quickly and efficiently to keep employees happy and avoid productivity loss.
Businesses Need Reliable High-Speed Internet
Businesses must invest in high-quality and dependable high-speed internet in order to save money and improve the employee experience. This will increase employee productivity and morale and ensure that your business continues to run smoothly.