It happens every year, and next week, it'll happen again, and if you're the manager or owner of a company, you may be wondering if you should let it happen: The March Madness office pool.
Actually, don't worry. As it turns out, there are good business reasons to keep your college basketball office pool going. According to a recent survey conducted by Harris Interactive, of the 44% of American workers who have participated in an office pool, 45% of them named office camaraderie as the main reason for doing it. Thirty-six percent of the people participating do it for the love of money; 15%, for the love of the game; 2%, pressure from their other co-workers.
In other words, the study suggests that you're actually fostering teamwork if you let your staff participate in a March Madness office pool.