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(Des Moines Register)   It's time for your annual "March Madness costs employers $1.2 billion; is it really worth having a big basketball tournament" article   (desmoinesregister.com) divider line 51
    More: Stupid, March Madness, Society for Human Resource Management, Challenger Gray & Christmas Inc., office pool, basketball, tournaments, employees  
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1090 clicks; posted to Main » on 20 Mar 2014 at 9:50 AM (35 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



51 Comments   (+0 »)
   
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2014-03-20 09:24:52 AM  
If an employee disappears for two weeks a year for a basketball tournament it's safe to say that said employee as disappears for a lot more things during the year.
 
2014-03-20 09:45:27 AM  
"However, at the end of the day, it is unlikely that a few days of March Madness distraction will impact the company's bottom line."

If it's costing employers 1.2B an hour but it doesn't impact their earnings, then someone else must be paying for it. They're sending someone else the bill. Do you know who? That's right. It's you. You're stealing from yourselves. I bet you don't feel so smug now. You could probably afford to eat real, delicious Cheetos instead of those generic cheeze puffs you buy by the bushel at Costco, if you quit stealing from yourself.
 
2014-03-20 09:53:29 AM  
March Madness doesn't kill my productivity, Fark on the other hand
 
2014-03-20 09:54:26 AM  
In what other sport can kids learn to race to the bottom in order to get handouts to bring them back up to the middle?  It's like they've turned postmodern America into a sport.

(NBA/Welfare State, I'm looking your way).
 
2014-03-20 09:54:29 AM  
Don't get the appeal of college basketball. I guess that makes me more valuable, eh?
 
2014-03-20 09:55:47 AM  
But the owners/CEO/directors/the board can fark off for golf or whatever any time they want to with no hit to the bottom line right?


You serfs get back to work.
 
2014-03-20 09:57:09 AM  
as someone older than me and a lot more successful than i'll ever be said, employees have been finding ways to waste time since work was invented.  if it isn;t talking in the breakroom, it's their children, or some other bullshiat.  everyday, your employees will waste some time.  get over it.
 
2014-03-20 09:58:01 AM  
Challenger Gray and Christmas is the leader in the clubhouse for pulling made up numbers out of their ass.
 
2014-03-20 09:59:30 AM  
I, for one, can do with out the constant water cooler chatter, mutual masturbatory emails, and endless bracket chat that one must endure while attempting to get these TPS reports filed.
 
2014-03-20 09:59:40 AM  
I work from home, thanks for reminding me to turn on the tv.
 
2014-03-20 10:02:10 AM  
Is March Madness a new thing? No? Then get the fark over yourself - it is already part of your bottom line and you have dealt with it the past brazilion years - you'll get over it this year, too. Perhaps you won't be able to fuel the yacht for that extra spin around the Vineyard?
 
2014-03-20 10:02:20 AM  
On a related note, is there a Fark bracket tourney this year?  The ESPN Fark group only has about fifty people
 
2014-03-20 10:03:44 AM  
Money doesn't exist until you make it, companies. Study after study has shown that employees who goof off and have fun some of the time are far more productive than the constant workers.
 
2014-03-20 10:06:03 AM  
It is very important who makes the ball go through the hoop more times so this author should just shut the hell up.
 
2014-03-20 10:15:49 AM  
If it weren't for the madness the same employees would be doing constructive work.  Like surfing Fark or watching porn.  Or both.
 
2014-03-20 10:18:00 AM  

oldernell: If it weren't for the madness the same employees would be doing constructive work.  Like surfing Fark or watching porn.  Or both.


I'm surfing Fark and watching The Avengers. Yay for productivity!!! :)
 
2014-03-20 10:18:04 AM  
My wife is amused by the fact that this year, the school we went to is playing against the school that her BFF-since-the-age-of-three's dad is the president of, in the first round.

Not that she really cares, just an amusing tidbit. MIght make for an interesting dinner conversation at some point.
 
2014-03-20 10:19:07 AM  
LOL they never show us how they calculate the number.

My guess is they use some sort of average hourly rate times an average number of hours lost times the total number of people in the workforce, and ta-da! -- $1.2bb

I'm guessing a TON of us are salaried (especially the types of people who work in jobs where they could be distracted by the tournament).  The thing is that salaried people don't get paid for their hours, they get paid for getting certain amounts of work done.  When I have an unproductive week, I'm usually spending Saturday morning watching Hulu clips trying to catch up on parts of work.  So it nets out to zero.  (Beyond that, if there's a Thursday/Friday day game I really want to watch, I can time it so I'm doing more mundane stuff during that game and can follow it online).

Still, I guess I do feel for the IT departments that have to deal with the glut of people trying to stream the game from the company network.  IIRC there was an article a couple of years ago that said some IT departments were actually caching the streams and serving them locally so the huge volume of traffic didn't hit their external bandwidth.
 
2014-03-20 10:20:20 AM  
I just spent 2 hours in a meeting with 40 other people that none of us needed to attend.  Don't whinge to me about wasting employers time and money, because companies are far better at wasting it than I'll ever be.
 
2014-03-20 10:22:54 AM  

Boo_Guy: But the owners/CEO/directors/the board can fark off for golf or whatever any time they want to with no hit to the bottom line right?


You serfs get back to work.


There are perks to knowing the right question to ask instead of being able to turn a socket wrench.
 
2014-03-20 10:23:20 AM  
NO HOBBIES FOR THE WORKING CLASS

STOP ENGAGING IN LEISURE

YOUR EMPLOYER DEMANDS FULL ATTENTION

HARD WORK GIVES YOU A BETTER LIFE
 
2014-03-20 10:25:06 AM  
Waaaaa.   I like to sit around the office and pretend to work from Dec 20 - Jan 3, but I hate basketball, so I will biatch that people are slacking off at a time I am not doing it. ! ! !
 
2014-03-20 10:34:14 AM  

Nutsac_Jim: Boo_Guy: But the owners/CEO/directors/the board can fark off for golf or whatever any time they want to with no hit to the bottom line right?


You serfs get back to work.

There are perks to knowing the right question to ask instead of being able to turn a socket wrench.


img.pandawhale.com
 
2014-03-20 10:35:00 AM  
Because everyone knows that employers aren't paying for your work, but for your time.  Which is, of course, why you're an expendable cost.
 
2014-03-20 10:44:18 AM  

syrynxx: It is very important who makes the ball go through the hoop more times so this author should just shut the hell up.



People still like 80's music?? LOL. What the hell kind of clown likes things that I don't appreciate?
 
2014-03-20 10:48:22 AM  

doglover: Money doesn't exist until you make it, companies. Study after study has shown that employees who goof off and have fun some of the time are far more productive than the constant workers.


Which is obvious, but the Des Moines Register has a lot of space to fill and this will do and is cheaper than paying a real reporter for an actual story.   I doubt Matthew Patane's one-sentence paragraphs cost all that much (but good on the DMR for not just running the wire article).  At any rate, March Madness certainly improves Mildred in Accounting's morale, when she wins the damn pool.
 
2014-03-20 10:56:10 AM  

doglover: Money doesn't exist until you make it, companies. Study after study has shown that employees who goof off and have fun some of the time are far more productive than the constant workers.


Shh, they might have to re-write the same article they've been using since the mid-90s. The narrative is that working in business is a drone thing, and if you're having fun at work then you're not doing it hard enough.
 
2014-03-20 10:58:05 AM  
$1.2 billion?? How many pools are they entering? I'm in 5 of them and I spent $45 total.
 
2014-03-20 11:05:08 AM  

balki1867: LOL they never show us how they calculate the number. My guess is they use some sort of average hourly rate times an average number of hours lost times the total number of people in the workforce, and ta-da! -- $1.2bb


Wow, your vision of journalism is a lot more optimistic than mine.  I figured they took last year's number, multiplied it by an arbitrary number between 1.01 and 1.10 to represent inflation, changed the dates and essentially re-issue last year's article.
 
2014-03-20 11:06:40 AM  

whosits_112: Don't get the appeal of college basketball. I guess that makes me more valuable, eh?


That's otay, moar for me!
'Zona!
 
2014-03-20 11:06:53 AM  
encrypted-tbn0.gstatic.com

"Can I just ask, with reference to your second point, when you say souls  businesses don't develop because people become distracted..."
 
2014-03-20 11:08:09 AM  

dragonchild: Wow, your vision of journalism is a lot more optimistic than mine.  I figured they took last year's number, multiplied it by an arbitrary number between 1.01 and 1.10 to represent inflation, changed the dates and essentially re-issue last year's article.


Dammit, you're probably right.  I stand corrected.
 
2014-03-20 11:11:00 AM  
Newsflash:

Then NCAA Men's Basketball Championship started in 1939, so this isn't something new. Of course it's more fun if you are a student/grad/ from one of the school's playing in it. (School loyalty and remembering to make your loan payment.)


//Pray for all the teams. (Last year a player from Kentucky got injured during the final game--ended a career before it even started.)
//Root for Syracuse University (Class of 2005)
//I'll always to be ORANGE.
 
2014-03-20 11:11:48 AM  
Oh wow, I actually found the math:  http://www.fool.com/investing/general/2014/03/19/is-march-madness-cos t ing-the-economy-millions.aspx

50mm workers
1 hour each
$24/hour

You multiply those together and get $1.2bb; Ugh.
 
2014-03-20 11:14:00 AM  
Where on the scale of the War on Christmas does this rank?
 
2014-03-20 11:29:28 AM  

ColTomParker: Challenger Gray and Christmas is the leader in the clubhouse for pulling made up numbers out of their ass conning the media into giving them free advertising every third week of March.


FTFY.
 
2014-03-20 11:30:15 AM  

allylloyd: Newsflash:

Then NCAA Men's Basketball Championship started in 1939, so this isn't something new. Of course it's more fun if you are a student/grad/ from one of the school's playing in it. (School loyalty and remembering to make your loan payment.)


//Pray for all the teams. (Last year a player from Kentucky got injured during the final game--ended a career before it even started.)
//Root for Syracuse University (Class of 2005)
//I'll always to be ORANGE.


Go Albany Great Danes!!!!!
 
2014-03-20 11:30:16 AM  
The money businesses make off of this (vegas, beer, apparel sales, etc...) offsets the money other businesses lose in worker productivity. That doesn't include money people win in 'illegal' polls.

Also, this thread was done in one.
 
2014-03-20 11:31:08 AM  

balki1867: dragonchild: Wow, your vision of journalism is a lot more optimistic than mine. I figured they took last year's number, multiplied it by an arbitrary number between 1.01 and 1.10 to represent inflation, changed the dates and essentially re-issue last year's article.

Dammit, you're probably right. I stand corrected.


The BITTER man in me imagines there was an internal war between the publishing department and IT when some eager intern realized the March Madness article could be 100% automated, which was quickly struck down because it would cost the journalist banging the editor his/her job.
 
2014-03-20 11:33:25 AM  

QueenMamaBee: oldernell: If it weren't for the madness the same employees would be doing constructive work.  Like surfing Fark or watching porn.  Or both.

I'm surfing Fark and watching The Avengers. Yay for productivity!!! :)


Go fix your fantasy racing league entries, then.

/is now 1st place in both leagues
//will pass on the potato salad and gummi bears, thankyouverymuch
 
2014-03-20 11:35:40 AM  

Carn: I work from home, thanks for reminding me to turn on the tv.


It'd be nice to get back to a WFH sysadmin position. I'm being pulled uselessly into an office because CEO reasons.
 
2014-03-20 11:37:21 AM  
Or I just get all my work done ahead of time so when the boss comes knocking I don't have to worry.
 
2014-03-20 11:45:40 AM  
Best team name in the Tourney: Manhattan Jaspers
 
2014-03-20 11:52:30 AM  
I don't watch basketball, but in solidarity, I will be sure to waste some time on other unproductive endeavors.
 
2014-03-20 12:01:03 PM  

stewbert: I don't watch basketball, but in solidarity, I will be sure to waste some time on other unproductive endeavors.


That's the spirit!
 
2014-03-20 12:13:01 PM  
I can't wait to be a billionaire.
 
2014-03-20 01:50:48 PM  

Mztlplx: QueenMamaBee: oldernell: If it weren't for the madness the same employees would be doing constructive work.  Like surfing Fark or watching porn.  Or both.

I'm surfing Fark and watching The Avengers. Yay for productivity!!! :)

Go fix your fantasy racing league entries, then.

/is now 1st place in both leagues
//will pass on the potato salad and gummi bears, thankyouverymuch


I actually remembered to do that this week :)
 
2014-03-20 04:07:53 PM  
shut up .. i'm working a bracket over here ...

/said ellen degeneris
 
2014-03-20 06:33:02 PM  
Increase corporate taxes and I will increase my work diligence accordingly.
 
2014-03-20 07:10:47 PM  
Is this some kind of basketball thing?
 
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