More Workers Participating in College Basketball Office Pools

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The first full day of the NCAA Men's Basketball Tournament is set to begin tomorrow and you can bet many workers will be checking their brackets. According to a new CareerBuilder survey, one in seven employees (15 percent) said they plan to participate in office pools this year. That's up from 2014, where only 11 percent said they planned to do so. 20% of all U.S workers said they've participated in an NCAA Tournament office pool in the past.

The survey also looked at what types of employees are most likely to wager. At 40%, workers in the IT profession were most likely to have participated in an NCAA Men's Basketball Tournament office pool in the past. They were followed by workers in sales (33%), financial services (30%), and retail (27%).> Find a job in sports
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At 27% versus 19%, those in senior management (C-Levels, VPs, directors/managers/supervisors/team leaders) were more likely to participate in office pools than entry-level, administrative, professional staff and technical employees. This is unsurprising, since office pool participation usually requires an entry fee and senior management is more likely to have disposable income.

Employees making higher salaries are also more likely to enter, with 31% of employees making $75,000 or more annually saying they have participated in a tournament pool, compared to just 18 percent of those making less than $75,000.

The nationwide survey was conducted by Harris Poll on behalf of CareerBuilder from November 4 to December 2, 2014, using a representative sample of more than 3,000 full-time employees across numerous occupations and industries.

If you don't know anything about sports, don't worry, that might not be the only office pool you can bet on. CareerBuilder also reported on the strangest office pools. Some of the more unusual examples U.S. workers betted on were "the next pope of the Roman Catholic Church", "when a colleague's current relationship would end", and "the number of protein coding genes in the human genome". One group of employees even made Bingo cards of common complaints made by a coworker.
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