On December 5, social media marketing agency,fishbat, Inc., releases a statement in regards to the banning of social media platforms on Wall Street.

According to The New York Times, many of financial firms ban such social media platforms as Facebook, Twitter, Gmail as well as placing blocks on many music and video streaming sites, in efforts to not only keep down used bandwidth, but to maintain employee productivity and stifle distractions. The article reports that this has upset many employees of these firms, especially young analysts who have to spend a decent part of their hectic work days waiting for their work to return back to them. As such, they use these social media platforms and check the personal e-mail in order to gain a bit of respite during a potential 80-hour work week.

The article explains that employees have been trying to fight back on this with various ways. Several financial analysts will use the guest Wi-Fi’s in order avoid firewalls placed while others will use alternate, more obscure streaming sites. As such, there shows to be some decreasing in this practice in some firms, but it is still a strong part of the Wall Street industry, The New York Times reports.

Sida Li, VP of Internal Operations at social media agency fishbat, Inc., commented on this practice. “It is important that your employees remain on task, however, they need moments to find some release.” He continued, “Many analysts have very chaotic work schedules and a great degree of down time. Having access to social media or personal e-mail can help relieve stress and potentially increase moral.”

fishbat, Inc. is a full service Internet marketing firm. Through social media management, search engine optimization (SEO), web design, and public relations, fishbat strives as a marketing firm to maximize awareness about your brand and strengthen your corporate image.

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