From PayScale Meeting Miser – Meeting Cost:
Are your meetings worth every penny? Find out with the new Meeting
Miser. Just enter the attendees and start the timer. This handy gadget
knows that time is money and will calculate exactly how much you’re
spending … or wasting.
The site uses actual salary info for your area to calculate the cost per
meeting. I tried it with a typical scenario, 3 elementary teachers and a
principal meeting. The cost came to \$1.41 a minute, or \$84.60 an hour.
An administrator meeting with 4 principals and the superintendent jumps
up to \$2.84 a minute (\$170.40 an hour!). Might be something to bring
up the next time you are sitting in a meeting that isn’t accomplishing
anything.