The NCAA’s “March Madness” basketball tournament is underway and if you believe some reports, that means our work productivity is suffering!
Because each year around this time, 66 percent of workers say they’ll follow at least one game during work hours, or bet money in an office pool. So, the thinking is that as millions of people watch and talk about basketball, work grinds to a halt!
But is that really true? According to a new survey, the answer’s a resounding “NO!” Because when researchers asked 1-thousand managers to talk about the effects of March Madness, a whopping 75 percent said the tournament had no effect at all on productivity. And 16 percent said they actually saw a boost in both productivity and worker morale this time of year.
How is that possible? First of all, when workers have something in common – even if it’s an interest in college basketball – it bonds them and boosts morale. It simply makes work more enjoyable – even if you’re ribbing the guy in the next cubicle about his favorite team.
Plus, more bosses are now prepared for March Madness.
In fact, some companies are designating a break room where workers can watch games – during their lunch hour – because they say the games help promote employee bonding.
But some companies prepared for March Madness the opposite way. More than 1-in-3 companies say they’ve installed tools to restrict people who try to access games at work over the internet. That includes adding software to let the boss know if you’re streaming games from the company’s Wi-Fi network – even if you’re using your own smartphone or tablet.