March Madness To Cost Employers $17B As Workers Slack

Record high estimate for this year

  • 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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