In this edition of the CB Elevator Pitch, editor-in-chief James Cowan suggests companies need to take a hard look at the number of meetings employees are having—or being forced to attend. Getting 10 people with an average salary of $80,000 in a room for one hour costs $560. Did they all need to be there? Was that an effective use of everyone’s time? Likely not. There are handy online calculators that help you estimate the cost in staff time of that meeting you’re contemplating, so we suggest doing the math and inviting only the most crucial people, or finding another way to have that conversation. Employers have locked down things like office supplies to save costs; it’s time to do the same with our time.
MORE ABOUT WORKPLACE CULTURE & EMPLOYEE ENGAGEMENT:
- Why you should praise employees even when they’re doing badly
- You might be able to run your business on a 6-hour workday
- 70% of employees would quit their jobs for a remote-working one
- How G Adventures aims to keep staffers thinking creatively
- Great employee engagement starts as soon as the hire is made
- People with racially diverse friend groups are more productive
