Employers Brace for $17B in Losses as March Madness Takes Over.

Employers will see $17.3 billion in costs from lost productivity due to March Madness, according to a report by Challenger, Gray & Christmas. The figure accounts for employees doing things like brackets and watching games on the clock amid the more than two weeks’ worth of workdays in which the NCAA tournament coincides. However, the report also notes that March Madness can be a great way to connect teams, especially in the world of fully remote and hybrid work.