Statistically speaking: March Madness and worker productivity

From staff reportsMarch 25, 2013 

Nearly one-third of workers will spend at least three hours per day following the NCAA Division I men’s basketball tournament, according to global employer consulting firm Challenger, Gray & Christmas Inc.

3 million the estimated number of employees spending one to three hours following basketball games instead of working.

$134 million the estimated amount of “lost wages” during the first two days of the tournament.

$22.38 the estimated cost of “wasted time” per hour, per worker.

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