- A new report by Challenger, Gray & Christmas estimates that employers will eat $17.3 billion in costs as a result of lost productivity during March Madness.
- The figure took into account workers participating in brackets and watching games while on the clock as the NCAA tournament takes place during more than two weeks of workdays.
- The 2023 figure is a new record and makes a $1 billion jump from the prior year.
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March Madness To Cost Employers $17B As Workers Slack
Record high estimate for this year
The March Madness logo is shown on the court before college basketball games in the NCAA Tournament Thursday, March 16, 2023, in Columbus, Ohio. (AP Photo/Paul Sancya)
