If past years are any indication, March Madness isn't exactly a work-productivity booster. This year, there may be an estimated $1.8 billion in employee losses when pools in the office can mean about 20 minutes of employee time lost on basketball, i.e. not working. Still, there are employers out there who embrace the time, touting it as "a powerful social process [that] builds relationships and rituals within the group. Everyone is included." In short, the kind of team-building effect that a company might "pay an expert" for, but "March Madness does it for free." What's the take on March Madness at your office? Are you getting in on the action?
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