A survey from global staffing firm Robert Half, shows 72 percent of senior managers reported March Madness was a morale boost for workers. And more than half say it even has a positive impact on productivity.
A lot of companies plan activities based on the tournament.
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Nicholas Crocetti, the managing director of a firm in Plymouth Meeting, can vouch for that.
"In fact tomorrow we have a big event in Conshohocken, inviting a lot of our clients to the event," Crocetti said. "So, it's a big kickoff for March Madness."
And it is a great way, he says, to build better relationships with clients and to maybe ease some of the stress in the office.
"It's a lot of fun and I think it does ease the tension in the office, brings people together, talking about something other than work," he said.
As for the distraction aspect, Crocetti says there are a few different pools going on, but there's a rule in place about watching at your desk.
"Generally, the games are not on in the office," he said.
But that doesn't mean they can't go to the lunchroom.
"We'll have a TV running all the time," Crocetti said. "So people will stop by and take a peak."