This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Your Boss Wants You Using Smartphone, Doesn't Want to Pay for It

NEW YORK (TheStreet) -- It's not that employers don't want their employees to bring mobile devices to work -- they just don't want them to pay for them.

About half of the companies where workers use their own phones provide partial reimbursement for them, according to a study last year from Gartner, while 38% of companies that provide cellphones to employees now plan to stop doing so by 2017.

According to the 2014 Employee Communications Satisfaction Survey from theCOMMSapp, a communication applications provider, 66% of employees who pay for their own phone say they use them regularly for work purposes.

Meanwhile, companies that build pricey corporate intranets or big social media operations aren't getting much bang for their buck from employee mobile users. According to the survey:

  • 82% of workers whose companies have an Intranet said they either have never tried to use it with their mobile device or find it difficult.
  • The same goes for 78% of workers whose companies have social collaboration networks.
  • 65% say that how their employer communicates with them affects their job satisfaction.

In arguing for the need for his company in the marketplace, Jeff Corbin, founder and CEO of theCOMMSapp, points to a recent Gallup survey showing 70% of the workforce say they "are not engaged in their jobs" -- a syndrome that costs U.S. businesses $550 billion every year.

By not engaging workers with smartphones -- only 29% of workers say their companies use apps to communicate -- companies are missing a big opportunity, Corbin argues.

"The mobile device enables something that until recently did not exist -- the ability to connect and communicate directly and instantaneously with a targeted audience," Corbin says. "Employees are one, if not the most important audiences of any company or organization. The mobile device presents an immediate solution for employers to connect with and directly engage with this audience."

Another revealing piece of data: 53% of workers spend most of their day at their desk, Corbin says. The rest are out at branch offices, on client sites, at conferences or working at home. Those are the staffers companies need to reach, and a mobile phone is a great way to do that.

If, that is, companies and clients can agree who gets a phone, who pays for it and how best to use it.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $129.36 0.00%
FB $79.60 0.00%
GOOG $573.64 0.00%
TSLA $199.56 0.00%
YHOO $42.62 0.00%

Markets

DOW 18,203.37 -85.26 -0.47%
S&P 500 2,107.78 -9.61 -0.45%
NASDAQ 4,979.9010 -28.1950 -0.56%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs