Apparently, there are some 55 million meetings in the US alone… per day. With on average 3.5 people attending each meeting, that makes for 187.7 million meeting experiences a day. Since the average meeting length is 1.25 hours and the average hourly salary of $32.36 as of August 2022, that leaves us with a daily cost of meetings in the US of… drum roll… $7.59 billion per day. Or $1.82 trillion per year. If only 10% of that time is wasted, that’s a loss to the US economy of $182.2bn a year.
What makes a good meeting?
What makes a good meeting?
What makes a good meeting?
Apparently, there are some 55 million meetings in the US alone… per day. With on average 3.5 people attending each meeting, that makes for 187.7 million meeting experiences a day. Since the average meeting length is 1.25 hours and the average hourly salary of $32.36 as of August 2022, that leaves us with a daily cost of meetings in the US of… drum roll… $7.59 billion per day. Or $1.82 trillion per year. If only 10% of that time is wasted, that’s a loss to the US economy of $182.2bn a year.