FOUR TIPS FROM PHILIPPE WEISS TO KEEP THE MADNESS DISTRACTIONS & MAYHEM TO A MINIMUM:

  • Bosses Shouldn’t Bet – if supervisors engage in a cash pool they and the company may run afoul of gambling laws and, in any case, they erode their ability to manage bracket-crazy employees that cross the line.
  • Brackets and Bagels go together– it is often better to encourage employees to watch games in a designated break-room (and during actual breaks!) as opposed to them simply finding ways to do so on the sly. Designating “Bracket and Bagel” watch areas and setting-out some tempting food also lessens the chance that employees will leave work to catch part of a game in the local bar or restaurant, only to return to your office in an altered state (because their state school just won or lost).
  • Keep it Cash Free: if you are absolutely committed to a March Madness pool, offer prizes of swag adorned with your logo. Transform that college pride into company pride.
  • Keep an Ear Open for Complaints –  ensure that your managers are ready to effectively respond to any complaints of online or face-to-face trash talking (as well as any moral or religious objections to wagering) that may be raised by team members.

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Editor in Chief: Wanda Rich

Editor in Chief: Wanda Rich

Wanda has over 20 years of experience in the Financial industry. She is an avid reader and a strong supporter of CSR and community outreach activities with a unique perspective of how financial institutions work.
She brings up to minute coverage on Banking, Foreign Exchange, Brokerage, Funds, Islamic Finance, Wealth Management, Corporate Governance, Project Finance, Merger and Acquisitions, Tax and Accounting, Inward Investment, CSR Activities; all under one Global Umbrella.

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