Share this article:

The shocking amount of cash employees spend a year at work revealed

The shocking amount of cash employees spend a year at work revealed

UK office workers will spend around £350 a year on daily office duties including tea runs, gifts for colleagues and Christmas parties, new research reveals.

Over the course of a 40-year career, the average cost to a British office worker is more than £14,000 when combining the costs of caffeinated drinks, cards and gifts, Christmas parties and sponsoring fundraising co-workers.

The survey on 2,000 office workers across the UK by Nationwide Current Account, found that the price spiked to over £1,000 a year, when including office clothing and parties and nights out with colleagues. This totalled to £40,000 over the course of a 40-year working life.

Over a quarter of those surveyed said they felt pressure to contribute towards colleague’s birthdays (28%) and leaving gifts (27%), and nearly a third (32%) felt pressure to give money towards helping colleagues’ charity fundraising pursuits.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.


Recommended

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • News
  • 4 mins read

NEET idea | Major retailers back plan for 100,000 jobs for young people out of work

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Feature
  • 4 mins read

National Payroll Week | CEO, CIPP: 'Payroll has never been more important'

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Column
  • 52 mins read

Editor’s letter | 'My ultimate HR advice' - from 100 CHROs & people leaders

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar
  • Register Now

Deep Work, Healthy Minds: Redefining Productivity in the Age of AI

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download Guide

How to get board-level buy-in for performance management