How much does March Madness cost your boss?
Thu, 20 Mar 2014 17:15:08 GMT —
How much will March Madness cost your boss? According to an annual study, it costs more than $1 billion for every unproductive work hour during the first week of the NCAA tournament.
Fifty million people are expected to participate in office pools. Some might take minutes to fill out a bracket while others will spend hours analyzing their picks. Then there's sneaking a few peeks at the madness and of course talking about it.
All the eyes online leads to slower internet speeds for the whole company from those live streams.
Professors at Duke University have actually studied March Madness, finding workers can multi-task and the consultant behind the productivity study has an NCAA pool at his office.
Many companies embrace the tournament, saying March Madness helps morale. In fact, one study found that only 11 percent of managers think March Madness has a negative impact on workers.
Does your employer allow you to watch the NCAA tournament games at work? Does the office close early when SU plays? Does it lead to decreased productivity? Leave your thoughts below.