March Madness electrifies basketball fans across the US. But, the company could face a test in the resulting shift in employee focus. How do business owners balance enthusiasm and productivity?
First, acknowledge the event. Ignoring it could be a mistake. As a whole, March Madness costs employers an estimated $9.6 billion in lost productivity, according to Challenger, Grey & Christmas. Acknowledging the event can help you control it in the workplace, minimizing work stoppage.
There are plenty of minimally intrusive ways that businesses can join in on the excitement of March Madness:
- Allow employees to dress casually and wear their favorite team jerseys.
- Start a friendly non-money bracket pool (more on that in a moment).
- Put the games on in the breakroom and allow short game update breaks.
Taking part in the fun can boost morale. Yet, clear boundaries are vital. Define acceptable viewing times. Reinforce project deadlines. Work must continue.
You may also want to limit streaming on company networks. Bandwidth suffers. A gentle reminder works.
Now, the legal reality:
Sports betting laws vary by state, so betting pools can be risky. Sports betting is generally prohibited in Alabama, Alaska, California, Georgia, Hawaii, Idaho, Minnesota, Oklahoma, South Carolina, Texas, and Utah. This includes office pools.
Why? Office pools often meet gambling’s definition: consideration (entry fee), chance (game outcome), and prize (winnings). Even where wider sports betting is legal, office pool legality is often ambiguous. Enforcement varies, but risk exists.
Therefore, in states with sports betting bans or ambiguity, companies should avoid money-related office pools. Employer liability is a concern.
Instead, consider alternatives. Friendly bracket competitions without entry fees or cash winnings. Casual game-watching gatherings. Team-building exercises.
Have a clear company policy on gambling to address legal and ethical concerns. Ensure employees know state laws and company policies.
Keep in mind that March Madness is brief. It’s a chance for team building. A rigid stance creates tension. Flexibility, within legal boundaries, shows understanding.
Have questions about March Madness or employee gambling in your company? Contact our HR experts at Nextep!
