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Mar 08 MarketPlace Radio: The Cost of March Madness

March Madness at work: the cost of lost productivity

Published March 8, 2017

Original Article

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:

“Ends up costing employers about $2.1 billion paid to employees who are otherwise distracted and not doing their work,” Challenger said. But Challenger warns that employers should do nothing; banning office pools and game watching is guaranteed to kill morale.

Listen to the story below

 

See our 2017 March Madness report here.



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