March Madness Costs Businesses

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M30o93H7pQ09L8X1t49cHY01Z5j4TT91fGfr March Madness Costs Businesses
Published: Mon, March 17, 2008 - 4:18 am
Last Updated: Mon, March 17, 2008 - 4:22 am
CHICAGO (AP) - So how much work will be lost from participation
in March Madness office pools, as well as the watching of the NCAA
college basketball tournament games on the job?
The question arises now that team selections have been
announced.
The outplacement firm Challenger, Gray and Christmas says
employers could see as much as 1.7 billion dollars in lost
productivity over the next few weeks, as the tournament proceeds.
The calculation includes estimates on participation in the pools,
worker wages and the amount of work-time possibly spent on
basketball-related activities.
Separately, CEO John Challenger notes that some businesses are
trying to limit the ability of workers to stream video on their
work computers, to keep their systems from seeing too much
bandwidth wasted.


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