Meeting Cost Calculator
A meeting cost calculator shows the monetary cost of holding a meeting based on attendees' hourly rates and the duration. It makes the hidden cost of meetings tangible and encourages organisers to invite only essential participants.
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Pro Tip
Use the meeting cost prominently in invite emails. When people see "This meeting costs £250/hour," attendance and efficiency both improve dramatically.
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Did You Know?
Research by Bain & Company found that a single recurring weekly one-hour meeting attended by senior managers can consume over $1 million of time per year in a large organisation.
References
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