Employers LOSE $1.8 Billion During March Madness
How are you feeling today? Did you have a rough weekend? Bracket totally busted perhaps? It’s pretty likely, the leader in ours is a 65 year old woman (DAMN YOU, RUTH!). Needless to say, March Madness is in full swing and at any given time in the day there could be a game going that is going to lose you a fat wad of cash. And according to a report by the Indiana Business Journal , your employer is losing big too.
Based on a survey of the Chicago-based placement firm Challenger, Gray & Christmas Inc, 58.3 million people participate in office pools for the basketball tournament. Generally setting an average of 20 minutes a day to work on them or watch games during the work day. When all that time is added up and accounted for, employers lose about $1.8 BILLION in productivity.
I suppose that’s what they call “sticking it to the man,” isn’t it?