NCAA's March Madness has a devastating effect on workplace productivity. Even up here in the Northeast where we are known for our work ethic, basketball fans will show up to work dragging from being up late watching or they won't come in at all. Your usually responsible employees may be skipping out to a sports bar midday instead of going to your boring meeting.

According to Employco.com, lack of productivity from employees during March Madness could amount to $1.9 billion dollars in lost revenue. Employees are filling out brackets, watching games, researching picks, managing bets and battling hangovers.

Local employers may want to remind workers to ask for personal days in advance. You could consider putting a T.V. in the break room, offering computers for viewing the games to use during breaks and it's a good idea to set up rules for in-office betting.

Good luck!