Super Bowl Monday could cost companies roughly $4 billion

By Megan Cerullo

/ MoneyWatch

Super Bowl commercials are already trending

Don't be surprised if your coworker calls out "sick" Monday, as a record number of U.S. adults are expected to be sidelined Monday, Jan. 4, after the New England Patriots face off against the Los Angeles Rams in Super Bowl LIII.

Companies can count on an estimated 17.2 million employees missing work the day after the Super Bowl — resulting in the loss of roughly $4 billion in productivity, according to the "Super Bowl Fever Survey" commissioned by workforce-services company Kronos Inc.

This year's estimate marks a record high — surpassing 2016's high estimate of 16.5 million absent workers, Kronos reported. Legal betting markets are pointing to a particularly close game, with New England favored over L.A. by a mere 2.5 points, and experts say 103.4 million Americans are expected to tune into the game — 61% of them employed.

"This year marks the largest anticipated day of Super Bowl-related absenteeism we've seen since … Kronos began tracking this phenomenon in 2005. Both employees and their bosses continue to play hooky the day after the Big Game," said Joyce Maroney of Kronos.

No-show employees are expected to cost employers more than $2.5 billion in lost productivity according to the Challenger Gray & Christmas, Inc.'s "Super Bowl Productivity Loss Report." That number could be even higher this year as the firm's estimate is based on 13.9 million Americans playing hooky or requesting the day off Monday.

Millions of Americans placing bets on Super Bowl LIII

Distractions at work, late arrivals and early departures from the office will also put a damper on output Monday, with employees who do report to work turning in subpar performances after the big game, costing more billions through non-productivity.

"If all of the workers who watch the Super Bowl spend just one hour of their work day discussing the game or come in one hour late, the productivity losses could hit $1.7 billion," said Andrew Challenger, Vice President of Challenger, Gray & Christmas, Inc.

Businesses in the Los Angeles and New England areas are expected to see the most absences, according to Challenger.

"Especially with Los Angeles having their new team in the Super Bowl, win or lose, that market will likely see a lot of productivity loss after the game," he said.

First published on February 1, 2019

© 2019 CBS Interactive Inc.. All Rights Reserved.

Super Bowl Monday absenteeism to cost companies billions

A record number of US adults are expected to be distracted or skip work altogether Monday, costing employers billions

updated 1M ago

Cory Booker joins historically diverse field of candidates in 2020 race

Booker is the fifth Democrat to officially join the 2020 race

updated 1M ago

Cory Booker "has no chance" in 2020, Trump tells CBS News

The president says he's so far "not impressed" with the Democratic field. He talked with CBS News "Face the Nation" host Margaret Brennan Friday for an exclusive interview days before Super Bowl LIII

updated 12M ago

Lawmaker: Measles vaccine is not about "parental rights"

As measles outbreak grows, a state lawmaker says requiring vaccines is "about the rights of other children and the rights of us to go around our community without getting sick"

updated 20M ago

Pelosi is "very bad for our country," Trump tells CBS News

President Trump complained the House speaker was "very rigid" in budget negotiations. He sat down with CBS News "Face the Nation" host Margaret Brennan for an exclusive interview Friday

updated 3M ago

Cory Booker joins historically diverse field of candidates in 2020 race

Booker is the fifth Democrat to officially join the 2020 race

updated 1M ago

Cory Booker "has no chance" in 2020, Trump tells CBS News

The president says he's so far "not impressed" with the Democratic field. He talked with CBS News "Face the Nation" host Margaret Brennan Friday for an exclusive interview days before Super Bowl LIII

updated 12M ago

Pelosi is "very bad for our country," Trump tells CBS News

President Trump complained the House speaker was "very rigid" in budget negotiations. He sat down with CBS News "Face the Nation" host Margaret Brennan for an exclusive interview Friday

updated 3M ago

White House says Trump's State of the Union address will be "traditional"

A senior administration official said the speech will be "optimistic" and "visionary," and officially, the theme will be "choosing greatness"

2H ago

Trump: "Good chance" he'll declare emergency for wall money

He said the U.S. is "getting ready to give out some very big contracts for construction of the wall

1H ago

In apparent shift, Saudi Arabia not seeking death penalty for female activist

Human rights activists call move a response to increased scrutiny after the murder of journalist Jamal Khashoggi

2H ago

Disney to host its first official LGBTQ pride event, "Magical Pride"

"Magical Pride" will kick off Pride Month on June 1

6H ago

Fed up Venezuelans plan mother of all anti-Maduro marches

The colossal political power struggle playing out in the nation is fueled by the fury and the misery of millions of ordinary people who used to have decent lives

8H ago

U.K. warned of fleeing business and food shortages as Brexit looms

A survey of 1,200 smaller firm bosses finds a 3rd could leave as fears mount over the impact of an increasingly likely "no-deal" divorce

8H ago

Facing U.S. withdrawal, Afghan leader pitches Trump cost savings

Trump has long been clear on desire to pull troops out of long-running wars, but President Ghani knows he still desperately needs U.S. help

8H ago

"Fiji Water Girl" suing Fiji Water

Woman who photobombed Golden Globes as brand ambassador says Fiji Water exploited her image without permission

updated 10M ago

Thunderbirds "reliant on Gladys Knight" for Super Bowl stadium flyover

A high-speed, death-defying squadron of fighter pilots steer F-16 jets through awe-inducing maneuvers – but timing will be key

6H ago

Serena Williams calls on women to make the first move

The tennis star has teamed up with dating and social networking app Bumble for a new campaign called "The Ball Is In Her Court"

7H ago

Linda Ronstadt: "I'm afraid of suffering, but I'm not afraid of dying"

In this preview of a "Sunday Morning" interview airing Feb. 3, the singer-songwriter opens up about her career, the loss of her singing voice, and living with Parkinson's disease

7H ago

Maroon 5 addresses controversy over Super Bowl show decision

The band was immediately caught in the crossfire of the NFL's controversial anthem policy amid reports that Rihanna and Cardi B turned down the high-profile gig

10H ago

Possum was living in unused, $1M taxpayer-funded bus

The zero-emission bus was never put into service

updated 45M ago

Steaming lakes and thundersnow: Weird winter weather explained

Extreme cold weather can produce some unusual phenomena, from sea smoke to slushy ocean waves

6H ago

The next industrial revolution is happening in your home

Here's how the global business and political elite at the World Economic Forum in Davos think the Internet of Things, big data, and artificial intelligence will change the world

1H ago

Net neutrality court battle pits tech firms, states against feds

The court faceoff is aimed at restoring net neutrality, or the rule that internet providers treat all content equally

9H ago

What are "frost quakes"? The polar vortex could be causing them

People in the Midwest reported hearing loud booms or cracking sounds as temperatures plunged in the region

23H ago

Lawmaker: Measles vaccine is not about "parental rights"

As measles outbreak grows, a state lawmaker says requiring vaccines is "about the rights of other children and the rights of us to go around our community without getting sick"

updated 20M ago

Many kids at risk from using too much toothpaste, experts say

Using too much toothpaste at a young age increases the risk of streaky or splotchy teeth, health officials say

2H ago

Heart disease symptoms women need to know

On Go Red for Women Day 2019, the American Heart Association is urging all women to educate themselves on heart risks

6H ago

Mindfulness helped Kathy Bates lose 60 pounds

The 70-year-old actress said she learned about mindfulness from her niece – and has never felt better

Jan 31

Woman with dementia dumped outside nursing home, family says

Security footage shows the elderly woman attempting to get inside in the middle of the night after being discharged from the hospital

Jan 31

Super Bowl Monday absenteeism to cost companies billions

A record number of US adults are expected to be distracted or skip work altogether Monday, costing employers billions

updated 1M ago

More hard news for the media industry, as Vice and McClatchy cut jobs

The latest job cuts come after a bruising month for the news industry, which is losing ad revenue to Google and Facebook

updated 55M ago

Walmart offers paid sick leave to its 1.1 million hourly workers

The biggest private U.S. employer will also pay bonuses for good attendance, saying 300,000 workers may qualify

updated 59M ago

GM readying 4,000 white-collar firings: report

The layoffs will impact white-collar workers and are part of the automaker's efforts to reduce headcount

1H ago

Citing Trump, Foxconn says it will build Wisconsin factory after all

Manufacturer had scaled back planned factory, but reversed itself after chairman spoke with President Donald Trump

3H ago

White officer demoted for Snapchat video taunting black woman

The officer had just impounded the woman's car and posted video of himself making derogatory comments as she walked away

1H ago

Person investigating woman's death found dead inside home

Michelle O'Connell's 2010 death was ruled a suicide, but her family believed she was killed by her boyfriend

2H ago

"Empire" actor after alleged hate-crime assault: "Justice will be served"

Smollett told police two white men shouting racial epithets and gay slurs attacked him in Chicago this week

4H ago

Man charged with faking "slip and fall" caught on video

The man was caught on surveillance camera throwing a cup of ice on the floor and then "falling"

8H ago

Dramatic video shows inmate take employee hostage at prison

Timothy Monk took a blade-like weapon out of his shoe and wrestled the librarian to the ground, Arizona Department of Corrections officials say

8H ago