Tuesday, February 1, 2005

Super Bowl Office Chatter Costs U.S. Companies $1 Billion

CHICAGO (Wireless Flash - FlashNews) – Idle chatter about this weekend’s Super Bowl will have some dire consequences for American businesses.

According to calculations by the business outplacement firm, Challenger, Gray and Christmas, the cost of workers’ slacking at the office to chat about the Big Game could soar to $1.1 billion.

That figure is based on the 48 million NFL fans who have jobs talking at least 10 minutes a day about football at a cost of $4.41 in wasted wages per person for each chat session.

Although $4.41 isn’t much to lose from one worker in one day, it adds up to $1,058,400,000 when multiplied by all the football fans in the American workplace and the five-day work week.

Challenger CEO John Challenger says that estimate could be low because die-hard football fans may spend as much as 20 minutes a day at the watercooler debating the sport.

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