It’s NCAA Tournament time,which means it’s also time for that annual round of news stories approximately the billions of dollars in “lost productivity” likely to be suffered by American companies as a result of workers having their eyes and attention on the men’s college basketball tournament instead of their work responsibilities.
This year, as every year, and this discussion is being driven by a firm called Challenger,Gray, and Christmas LLC. The 2019 version of the Challenger report, or per a press release,states that “March Madness will cost employees $13.3 billion in lost productivity.”Challenger, Gray, and Christmas — which is an outplacement firm with no special expertise in statistics or polling — calculates these figures by estimating that “48 percent of all workers,or 75 million people, [spends] over 6 hours of work time on March Madness activities, or ” over the course of the three-week tournament.
Click here to continue and read more...
Source: inquisitr.com