Office workers spending work hours glued to their March Madness brackets or NCAA basketball tournament streams will cost U.S. employers billions of dollars in lost productivity, but staffing firms say the annual tradition also carries some benefits in the workplace.

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Based on current private wage and employment levels, as well as estimates that 75 million American workers will spend about six hours of work time on March Madness-related activities during the tournament, U.S. employers stand to lose about $13.3 billion in productivity during this year’s tournament, according to calculations by outplacement firm Challenger, Gray & Christmas.

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