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Useless Meetings Waste Time and $100 Million a Year for Big Companies

Bloomberg [read free]: “Unnecessary meetings are a $100 million mistake at big companies, according to a new survey that shows workers probably don’t need to be in nearly a third of the appointments they attend. The survey, conducted over the summer by Steven Rogelberg, a professor of organizational science, psychology and management at the University of North Carolina at Charlotte, asked 632 employees across 20 industries to study their weekly calendars and gauge how much time they actually spent in meetings, what they got out of them and how they responded to invitations.  Employees spend about 18 hours a week on average in meetings, and they only decline 14% of invites even though they’d prefer to back out of 31% of them. Reluctantly going to noncritical meetings wastes about $25,000 per employee annually, and projects out to $101 million a year for any organization with more than 5,000 employees.”

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