Meetings, while essential for collaborative work, can sometimes become counterproductive if not
managed efficiently. Prolonged discussions without actionable results, multiple stakeholders with
overlapping responsibilities, or simply not having a clear agenda can turn meetings into a
considerable waste of time and resources.
On this site, we calculate the cost of meetings by multiplying the number of participants by their
average hourlyrate is derived from the provided annual salary, considering 260 working days a year
with 8 hours each day.