25 January 2023
You Might Reconsider That Team Meeting When You Find Out How Much it Really Costs
A few weeks ago, I got into an interesting discussion on LinkedIn about the value of meetings. The exchange started with this post, wherein I broke down the cost of a 90-minute meeting I'd just sat through. By prorating the salaries of everyone involved, I calculated that the hour and a half we spent cost our company $1,826. Then, I asked the person who ran it if he thought it was worth the money.
We didn't have that meeting again.
In the post's numerous comments, some people agreed with me and proposed things like including the cost of a meeting in each invite. Others mentioned how they'd made similar calculations while consulting, and quoted some astronomical annual costs for their companies.