Friday, August 17, 2007

Fantasy Football Costs US Employers Billions in Employee Time

Fantasy Football Costs US Employers Billions

"Fantasy football is one of many potential online distractions that can reduce workplace productivity. But its rapid rise in popularity, labor experts said, makes it a growing concern.

A recent study by Challenger Gray & Christmas Inc., a Chicago-based business consulting firm, reported nearly 37 million people nationwide spend almost one hour a week at work managing their fantasy teams, costing employers as much as $1.1 billion a week in lost productivity.

The 17-week NFL regular season stretching from September through December, according to the study, results in a fourth-quarter $18.7 billion productivity loss." Source

Whoa! 18 billion $ cost for a virtual pastime? Smart entrepreneurs will no doubt come up with good ideas to cash in on this trend...

Via: AOL Sports Blog

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