Study: March Madness to Negatively Affect American Productivity
The study discovered that 45 percent of workers will spend at least one hour each work day tracking game progression and 8 percent expect to spend at least five hours following the games. Additionally, 42 percent of respondents reported that the tournament will affect their productivity. The proposed solution by the majority of employees? Get companies to sponsor related activities and bracket challenges. Some of the benefits of such activities listed by respondents included:
• Perceiving their company as a more pleasant workplace (57 percent);
• Feeling more like part of a team (56 percent);
• Increased loyalty (46 percent); and
• Reduced absenteeism (44 percent).
Holger Felgner, General Manager at TeamViewer said, “The study clearly shows that March Madness will have a big impact on the workplace, and it’s interesting to see how a company can benefit by participating in, rather than getting in the way of, the events.”