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Quick Takes: September 16, 2008
  

Study: Fantasy Leagues Tough for Employers to Tackle


Devotees reportedly squander at least one hour of work time each week preparing their rotisserie teams.
By Garry Kranz
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Fantasy or Reality? The folks at Challenger, Gray & Christmas must have too much time on their hands. The Chicago-based consulting firm, which is never shy about promoting its own research, came out with a doozy of a statistic last month. According to its research, the phenomenon of fantasy football throws U.S. businesses for a huge loss. The announcement comes amid the kickoff of the National Football League’s 17-game regular season, a stretch that culminates in a productivity loss to businesses topping $9 billion, according to Challenger, Gray’s estimates. They claim say employees devote more than an1 hour a week of work time to managing their fantasy squads. Estimates are based on data from the Fantasy Sports Trade Association and the Fantasy Sports Association. Even so, companies may want to call a timeout before they act. Punishing people indiscriminately could worsen morale, and only workers personnel whose work exhibits a notable decline should face discipline, according to Challenger, Gray says.


Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.


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