March Madness has officially tipped off, and like the millions of sports fans poring over data to attempt to identify likely winners, a new CareerBuilder survey has dug into its own data to identify the workers mostly likely to participate in a March Madness office pool.
According to the survey, executives, directors and managers are far more likely to participate in office pools than professional staff and technical employees – at 27 percent vs. 19 percent.
Higher-earning employees are also more likely to take part in an office pool. Thirty-five percent of employees making $75,000 or more annually have participated in a March Madness tournament office pool, compared to just 17 percent of those making less than $75,000.
Office pools are also more popular in certain industries, most notably financial services and sales.
- Financial services: 35 percent
- Sales: 33 percent
- IT: 26 percent
- Transportation: 26 percent
- Manufacturing: 23 percent
- Leisure and hospitality: 18 percent
- Health care: 15 percent
- Retail: 15 percent
Still, March Madness office pools are less common this year than in previous years – while 20 percent of U.S workers said they’ve participated in an NCAA Tournament office pool in the past, only 12 percent said they plan to participate in one this year, down from 15 percent in 2015.
When it comes to your recruitment strategy versus your March Madness bracket, which one wins the battle for your time? Tim Sackett breaks it down.