Should offices allow March Madness pools? | The Tylt
Should offices allow March Madness pools?
Nothing brings an office together like the March Madness office pool. Co-workers who wouldn't otherwise interact with each other talk about the games and build camaraderie through friendly competition. Here is Bourree Lam from The Atlantic with more:
A recent survey by Randstad U.S., an HR and staffing company, quantified just how much American workers enjoy participating in office pools. The survey asked over 1,000 workers about March Madness, and found that 89 percent of those surveyed said that participating in NCAA brackets at work helped build team camaraderie, and that this simple activity made their jobs more enjoyable. Perhaps the most surprising number from the survey: Seventy-three percent of workers said they look forward to going to work more when they’re part of an office pool.
Office pools seem like innocent fun, but it's a disaster waiting to happen. People might put serious money in these pools, causing tension when the ball bounces the wrong way. Not only that, the office slows to a halt when the NCAA Tournament is in full swing because employees are more worried about the games than their actual work. This causes billions in losses for companies across the country. Lack of production is a real problem. Here is Robert Reed with the Chicago Tribune with more:
They stress managers must ensure workers don't feel pressured to join pools, monetary buy-ins are nominal amounts, and there is no retaliation toward anyone who reports gambling-related trouble to management. To me, that seems like a lot of precious executive time and attention being squandered to monitor an activity that's going to depress productivity, raise legal issues and maybe open a can of worms regarding worker morale.