Thousands of Aussies are gearing up for a giant weekend of buying, beginning with Black Friday gross sales on November 25 adopted by Cyber Monday the next week.
Despite the financial advantages on the retail business this weekend will present, there’s one sector that’s set to lose a complete lot greater than it stands to realize as folks rush out the doorways to seize a discount.
According to Finder, greater than 544,000 Aussie staff have referred to as in sick to buy groceries this yr already – a development that would price the business business thousands and thousands.
With so many individuals away from work, it’s costing companies cash within the type of productiveness, with the common quantity misplaced per individual, per day equating to $354.
All up, with greater than half 1,000,000 folks away from work, it quantities to a $192m loss in productiveness.
Surprisingly, males usually tend to name in sick to buy than girls, with 4 per cent of males on the lookout for a discount in comparison with three per cent of females.
In a nationwide survey of greater than 1000 folks carried out by Finder, 69 per cent of Aussie buyers shall be buying clothes and footwear, 36 per cent will splurge on electronics and different devices, and 25 per cent will look to buy meals and alcohol.
About one-third of all Aussies will reap the benefits of the bargains on Friday.
Finder private finance skilled Taylor Blackburn stated staff might face a spike in absences this Friday, with solely 4 weeks left till Christmas.
“Aussies are embracing Black Friday as a way to make some savvy savings this side of Christmas,” they stated.
“The holidays are a notoriously expensive time of year, compounded by the spiralling cost of living, so the bigger discounts on offer during Black Friday may well be to enticing to pass up.”
Originally printed as Black Friday gross sales costing companies $192m in productiveness
