March Madness To Cost Employers $17B As Workers Slack
Record high estimate for this year
View Source | March 17, 2023 3:59 pm
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- 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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