March Madness in the Work Place
A study by Challenger, a research company, claims businesses will lose an estimated 3.8 billion dollars in productivity due to March Madness. The study is based on time spent on the internet watching games/highlights, filling out brackets, and the overall distraction of the tournament while at work. There is not a possibility to cancel the NCAA tournament; therefore employers are likely to lose productivity each year. Employers are concerned over the lost productivity and the economic effect the tournament could have on business. A strong argument against the drop in productivity is company unity and moral. During March Madness, people from various departments throughout a company will engage in activity ranging from organizing brackets to talking about games. The people in these departments will rarely get the chance to interact with each other during other times of the year. Do you feel March Madness is an economic strain on employers or a time for increased unity and enhanced moral for a company?
1 comment:
I can't believe that "March Madness" has such an economic impact on productivity. $3.8 billion is an exorbitant amount in my mind that is being lost. I think that there is probably an issue with freeriding as well in this situation. Some people that have no interest in NCAA basketball will waste time checking on scores, etc. just because they would rather not work. So, regardless of the reason for distraction I think people would find a way to get out of doing their job.
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