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Estimate the salaries of the people in the meeting and calculate the cost to the company. Fun to think about while listening the two managers argue about a deta
by karmakurtisaani 5y ago
Estimate the salaries of the people in the meeting and calculate the cost to the company. Fun to think about while listening the two managers argue about a detail while the rest 8 people wait politely.
Come to think of it, if you have 8 people in an hour long meeting, then the meeting will cost at least the lowest paid participant's daily salary (assuming 8 hour work day).
- ejb999 5y agoI actually sat in a meeting a few years back as a consultant - with 6-7 other consultants and 1 or 2 employees of the company we were assigned to - all billing $150 to $500/hr - as we discussed which cost center we could bill the $35/month SAAS tool we needed to use for the project we were developing. We probably spent 3-4 years with of those SAAS fees in that one 45 minute meeting discussing which cost center should be billed. Client (a fortune 50 company) didn't see any issue with this.