McVay New Media Meeting Cost Calculator
Are you having too many meetings? While meetings can be empowering and cultivate strong communication, companies often have too many meetings that needlessly clog up the day of their participants. Time is the most important and valuable resource at your company.
What's the cost of meetings in your company? If you have a meeting with six people who work an average of 40 hours per week, and their annual salary is $50,000, the cost of a one hour meeting with all of those people is $144.
Enter in the hourly wage of each person in your meetings, and you'll see the cost of a one-hour meeting to your company. Are you accomplishing a 5x return on investment for the cost your company is incurring with each meeting?