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March Madness could cost company over a billion dollars in lost productivity

Updated: Monday, March 17 2014, 10:32 PM CDT
March Madness will take over the work place this week.

Distracted workers watching first and second round games, according to one survey, over a billion dollars.

Almost 11 million people tuned into the first week of March Madness in 2013, the highest ratings in 20 years.  All of that viewing, a Microsoft survey shows, means a serious dip in productivity at work.

The survey estimates in the tournaments first two rounds, $1.2 billion is lost for every unproductive work hour nationwide.

The NCAA's live streaming capabilities are likely a big contributor.  Turner Sports, who operates the NCAA's website reported 6.8 million viewers for the first round of games.

On an interesting note, those people spent an average of nearly two hours watching an individual stream online or on their mobile device.

March Madness could cost company over a billion dollars in lost productivity


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