productivity

Will USA Soccer Beat Productivity?

CHICAGO, June 24, 2014 -- Millions of Americans could be watching the US soccer team take on Germany this Thursday in a match that will play a crucial role in deciding the team’s fate in the World Cup. The problem is the big game will played mid-day on Thursday, when many of those watching the broadcast or internet stream should be working. So, what can the nation’s employers do to prepare for the potential collapse in productivity?

Probably nothing, according to one workplace expert.

It's That Time Again! Fantasy Football Sacks The Workplace

“This means that every hour of unproductive work time, whether it’s spent managing a fantasy football team or shopping for anniversary presents, costs an employer $23.98. That is not a very big deal when you are talking about one person, but when you multiply it across the roughly 23 million working Americans who are playing fantasy football, it starts to add up,” noted John A. Challenger, chief executive officer of Challenger, Gray & Christmas.

It adds up to $551,540,000, to be precise (23,000,000 X $23.98). Multiply that figure across the typical 15-week fantasy football season and it totals $8,280,000,000.

Pages