More than 50.5 million American workers, or 20 percent, could participate in March Madness office pools this year, according to a report from outplacement firm Challenger, Gray & Christmas. That's up 5 percentage points from last year and 9 points from 2014.
The loss of productivity in the opening week of March Madness could cost employers nearly $4 billion in lost revenue, according to the report. And each hour of the workday wasted on building brackets or watching games will cost employers $1.3 billion.
Palo Alto Networks offers recommended best practices and custom signatures to monitor and control traffic usage of the NCAA's March Madness Live page/app.
Guidelines cover how to:
- Block the NCAA March Madness Live application/player.
- Enforce QoS policing.
- Gain visibility into usage of March Madness live in your traffic mix.
Find the all the details on the Fuel User Group Discussion Forums.
On the other hand, there is a new study by Randstad US that finds brackets and office pools can improve key workplace initiatives, including employee engagement, camaraderie and work satisfaction.
What's your organization's policy on streaming March Madness in the workplace?
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