World Cup could cost employers as workers tune into matches, survey finds
Summarized and contextualized by DistantNews.
At a glance
- The FIFA World Cup could cost global employers $17 billion in lost productivity, a survey suggests.
- Nearly 40% of workers plan to adjust their schedules due to the tournament.
- Employees may be late, leave early, skip work, or stream matches while on duty.
Employers worldwide may face significant productivity losses during the upcoming FIFA World Cup, with a new survey estimating the cost at $17 billion. The tournament, running from June 11 to July 19, is expected to disrupt workplaces as employees adjust their schedules to follow the matches.
Research from UKG indicates that 37% of workers plan to alter their work routines because of the World Cup. The survey, which polled 8,000 employees across eight countries including the U.S., Canada, and Germany, found that 27% of employees are likely to be late, leave early, or miss work entirely. Furthermore, 11% admitted they would work while hungover, and 14% confessed to secretly streaming matches and highlights during work hours.
This year's expanded tournament, co-hosted by the U.S., Canada, and Mexico, will feature 48 nations and 104 games. UKG projects that the U.S. alone could incur $11.7 billion in lost productivity costs, with Germany following at $1.34 billion. Suresh Vittal, chief product officer at UKG, noted the immediate and expensive impact of widespread absenteeism and presenteeism, which can lead to decreased productivity, a decline in customer experience, and lower morale as colleagues cover for absent team members.
Managers are not immune to the tournament's allure. The survey revealed that 42% of managers plan to take time off, and 45% intend to request last-minute schedule flexibility to watch games.
When absenteeism and presenteeism hit at scale, the effect is immediate and expensive.
Originally published by CNA. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.