Analysis: What the Stanley Cup is costing Chicago in lost worker productivity

SHARE Analysis: What the Stanley Cup is costing Chicago in lost worker productivity

The Blackhawks’ Stanley Cup win has resulted in a loss for many Chicago-area employers, a Sun-Times analysis has found. While fans who are employed in the local labor market have relished the victory, their workloads have sat neglected, contributing to a substantial loss in worker productivity. Based partially on methods developed by the outplacement and executive coaching firm Challenger, Gray and Christmas — which has studied worker productivity levels following major national sports events — the Sun-Times analysis found that the Stanley Cup victory has cost employers in several ways.

“In Chicago, it’s significant,” said Andrew Challenger, Vice President of the firm. “We have a lot of Blackhawks fans and a lot of wages that are going to be paid to distracted workers or those who don’t show up.”

But, Challenger explained, the loss in productivity often comes with a positive effect on the workplace: Although employees may chat about the game instead of answering the phone or finishing a report, their shared experience is good for camaraderie, moral and corporate culture. “Other than lost wages, they (the employers) don’t have to pay for it. They can really take advantage,” Challenger said.

Scroll through these graphics to see how, and how much, the Stanley Cup win has cost Chicago-area employers’ bottom line:

1.) COSTS FROM WORKER DISTRACTION

Of the…

bw_costs1_600x357.jpg

about …

bw_costs2_600x206.jpg

According to the latest Nielsen Scarborough survey of Chicago sports fans

Based on the Chicago metro area’s average hourly wage of:

bw_costs3_600x218.jpg

If each worker spent about:

unocards.jpg

…the lost productivity would be

$4.04 per worker,

for a total of:

bw_costs5_600x178.jpg

2.) COSTS FROM WORKERS CALLING IN SICK

Studies by the Workforce Institute at Kronos Incorporated show that the day after major sports events, such as the Super Bowl, about:

bw_costs6_600x249.jpg

This rate applied to employed Chicago-area Blackhawks fans results in:

bw_costs7_600x390.jpg

With the average hourly wage of $24.23, an 8-hour work day would result in a loss of:

bw_costs8_600x240.jpg

per worker, for a Chicago-area total of:

bw_costs9_600x178.jpg

3.) COSTS FROM WORKERS ATTENDING THURSDAY’S PARADE

Following the Blackhawks’ Stanley Cup win in 2013, an estimated

bw_costs10_600x222.jpg

Based on that turnout and given that about half of Chicago-area residents are classified as employed workers, the parade crowd includes approximately:

nerdwallet_peer_pressure_finances_70654619.jpg

But not all of these workers will be gone the entire day to attend the parade. If the average worker spends 4 hours away at the parade and/or rally, the loss would be:

bw_costs12_600x231.jpg

per worker, for a Chicago-area total of:

bw_costs13_600x300.jpg

Combining all three types of losses to employers results in a total of:

bw_costs14_600x375.jpg

Or just slightly more than double what the Blackhawks are expected to have made in profits this past season.

The Latest
The man was found with stab wounds around 4:15 a.m., police said.
Send a message to criminals: Your actions will have consequences — no matter how much time passes. We can’t legislate all our problems away, but these bills now pending in the Illinois Legislature could pave the way for bringing closure to grieving families.
Matt Eberflus is under more pressure to win than your average coach with the No. 1 overall pick. That’s saying something.
Alexander plays a sleazy lawyer who gets a lifechanging wakeup call in the world premiere comedy at Chicago Shakespeare Theater.
He fears the free-spirited guest, with her ink and underarm hair, will steal focus from the bride and draw ridicule.