NCAA Tournament to Cost Employers $3.9 Billion in Lost Productivity
Even though the Buckeyes are not participating this March, Ohio employers should not forget about the impact that the NCAA men’s basketball tournament can have on the workplace.
Distracted workers filling out NCAA tournament brackets and watching games at the office are expected to cost their employers $3.9 billion in lost productivity this week.
That’s according to placement firm Challenger, Gray & Christmas, which estimates that the average worker will spend three hours of work time on March Madness.
The firm estimates that 20 percent [of] employed Americans could join office pools this year.