"March Madness is exciting, but it is a productivity bust. Andy Challenger at outplacement firm Challenger, Gray & Christmas said 81 million workers are researching their brackets, watching games in the break room or streaming them on office PCs:
While President Trump has stated he will not fill out a bracket for this year’s NCAA tournament beginning March 14th, millions of workers across the country will likely spend company time researching teams and making their picks. This activity could cost employers over $600 million, according to one more conservative estimate.
The main action for the 2015 NCAA men’s basketball tournament gets underway Thursday, March 19, but the viral phenomenon known as March Madness officially sets in on Monday, March 16. That is when workers across the country begin clogging the company internet with efforts to craft a winning bracket for their workplace and non-workplace betting pools.