Germany vs South Korea expected to cost German employers €200 million
DW: Only around 30 percent of German workers are expected to keep their noses to the grindstone until the end of their shift to be able to watch Germany vs. South Korea, which will kick off at 4 p.m
It has been estimated that the game could cost German employers up to €200 million ($233.3 million).
The Institut der deutschen Wirtschaft (IW) has told the newspapers belonging to the Funke Mediengruppe that it expects only around 30 percent of employees to continue to work after kick-off at 4 p.m. local time (1400 GMT/UTC).
If every second person watches the game during the last hour of the working day and does not make up for this lost work time, the institute estimates the cost to employers could be between €130-200 million (roughly $150-230 million).
But, the researchers emphasized that the experience of watching a football game with colleagues at work could strengthen team spirit in the office, which in turn could have a positive impact on productivity in the following days.
“It’s not always about money, but also about teambuilding – and there’s certainly nothing better than watching an exciting football match together with your colleagues,” said IW labour market expert Christoph Schröder. “Let’s just hope the German team wins.”