New Delhi: India's Silicon Valley loves to party, but the tipple is costing corporates based in Bangalore Rs 47 crore per annum on account of productivity losses due to employees' hangover.
According to a study conducted by Maven Market Research and Consulting, 68 per cent of the people interviewed sufferred from a hangover the morning after, with 40 per cent admitting that it affected their productivity at work.
As many as 33 per cent of the respondents went to office two hours late, while six per cent went on half day leave and a staggering 23 per cent took the day off, the study concluded.
With the majority of respondents belonging to the IT and BPO sectors, the study said changing work environment and associated lifestyle have made drinking more acceptable.
The survey revealed that weekday drinking was no longer a rare phenomenon, although there was a heavy skew towards weekend drinking.
The survey concluded that 50 per cent of the respondents claimed that they consumed alcohol once a week, 25 per cent twice a week and 20 per cent daily.
An alarming 60 per cent consumed alcohol over the weekends, thus missing quality time with family and friends, it said, adding the hangover lasted till Monday mornings.
Increased purchasing power has made pubs a favourite drinking destination for Bangaloreans, an indication of the socialising element attached to drinking.
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