Meeting Timer, v1.0
Meetings are very expensive, and often wasteful, activities. The goal of this timer is to calculate exactly how much a particular meeting is costing your company at any given moment.If you would like a standalone version to run on your device, download it here.
Assumptions
In putting together this little script, the following assumptions were made:
- An average salary of $55,000 per year for all attendees was assumed.
- The additional overhead cost of any employee (e.g. benefits, heating and lighting, rent, etc.) is equal to 50% of his or her salary.
- Employees work 50 weeks a year at 40 hours a week.
Given all that, we can now figure out just how expensive the meeting you're trapped in is costing...