Business NewsFlooring Headlines

Office Workers Spend £1,000 A Year At Work

The average office worker spends around £1,000 a year on expenses such a coffee, birthday presents and nights out, according to Nationwide.

On this basis, the money spent on expenses across a working lifetime would equal £40,128.

Workers spend the most during the Christmas period, with the average person spending £138.36 on celebrations and presents. An annual average of £102.24 is also spent on night outs with colleagues.

Other findings:

  • 72% are happy to put money towards an office birthday card or present
  • however, 41% are unhappy about spending their money on coffee and tea
  • 70% don’t like to spend on stationery
  • 40% dislike buying Christmas presents
  • 36% don’t like to like to contribute to fundraising while 32% feel pressured into contributing.

Alan Oliver, head of external affairs at Nationwide, said:

“While most people value the camaraderie of working in a team, birthdays, retirements and charity fundraisers can take their toll on our wallets and purses. 

“We would recommend putting in only what you can afford. Developing a regular savings habit can also help in meeting many of life’s financial challenges.”

For any help or advice with financial planning talk to RPD

Show More

Floors Magazine brings you daily flooring news, features, tenders, events, jobs and everything in-between.

Related Articles

Back to top button