It’s that time of year again – March Madness is back! Although this month signals an exciting time for sports fans, most companies aren’t as enthused. Research shows that March Madness can be distracting to employees, plus decreased productivity is estimated to cost American companies nearly $2 billion dollars in 2015.
Perhaps the real madness lies behind employers banning the tournament from workplaces. That’s right – just hear us out. Our own Sam Cicotello said to The Washington Post, “”If employers lock things down, what that ends up doing is putting the employee in a very bad spot, where they have to lie and can’t do something they enjoy.”
Like The Motley Fool, more organizations are starting to view March Madness in a positive light. If the tournament is embraced, it can be the perfect opportunity to foster collaboration and build employee relationships.
Still not convinced? Sam Cicotello shared a few more Foolish thoughts on March Madness in The Washington Post’s feature – click here to read on!