Survey Says: March Madness


Madness in March:
A new survey by Careerbuilder reveals that 19% of workers have participated in a March Madness office pool in the past. Other findings:

- 11% of workers will participate in a March Madness office pool this year

- 24% of managers will make a March Madness wager this year

- 26% of men and 13% of women have participated in a March Madness office pool in the past

Loss of Productivity:
A new suvey by Challenger, Gray & Christmas reveals that 50 million people will participate in March Madness office pools. Other findings:

- companies will lose at least $1.2 billion for every unproductive work hour during the first week of the tournament

- 33% of office workers will spend three hours per day watching March Madness during work hours

- companies will lose $134 million in productivity during the first two days of the tournament.

Weirdest "other" brackets?
1 Bet on who could raise the best-looking Chia Pet

2 Bet on when a coworker would be fired

3 Bet on how long the boss’s marriage would last

4 Bet on how many times the boss would call a female direct report “girl” in one day

5 Bet on when a coworker would change his shirt, which he wore for 11 consecutive days.


Article Added: 2014-03-20



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