March Madness is Good For Your Business?

So I'm looking at my printed (and already completed) bracket from CBS Sports, and there's a little logo from the NCAA saying "Don't Bet on It." Anyone else see the irony?

Most of us fill out our brackets with a little money on the table. For most of us, it's very little -- like $10. The big money is with the big gamblers, and of course, with the companies who will lose as much as $2.1 billion in productivity during the tourney. But no worries, the staffing firm  that brought us that lofty estimate also thinks there's a positive benefit to all this, um, madness. 

They suggest that the office pools in which so many of us participate can help boost workplace morale and camaraderie. It can even help employers better retain workers. Considering the cost of training new employees, and realizing they'd all be wasting time on Facebook if they weren't wasting time on their brackets, sounds like a big win for business... and usually a small loss for me.

Think Kansas is a good pick?



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