Stop Burning Money
In Meetings

The Hidden Cost of Meetings

In the modern corporate world, meetings are often viewed as "free" time. After all, everyone is on a salary, right? Wrong. Every minute spent in a meeting is a minute not spent on coding, selling, designing, or building. When you pull 10 people into a room for an hour, you aren't just spending one hour; you are spending 10 man-hours.

How This Calculator Works

This tool uses a simple but powerful formula to visualize the cost. We assume a standard working year of approximately 2,080 hours (40 hours/week × 52 weeks).

Shocking Statistics

• $37 Billion: The estimated amount wasted annually on unproductive meetings in the US alone.
• 31 Hours: The average time employees spend in unproductive meetings every month.
• 91%: Percentage of employees who admit to daydreaming during meetings.

5 Tips to Reduce Meeting Costs

1. No Agenda, No Meeting: If you can't articulate the purpose in 3 bullet points, don't hold the meeting.
2. The "Two Pizza" Rule: Jeff Bezos famously says if two pizzas can't feed the group, the meeting is too large.
3. Standardize 30 Minutes: Most hour-long meetings can be done in 30 minutes. Parkinson's Law states that work expands to fill the time available.
4. Stand-up Meetings: Literally standing up keeps people uncomfortable enough to keep updates brief and to the point.
5. Decline Without Guilt: Empower employees to decline meetings where they add no unique value.

Frequently Asked Questions