Otter.ai, the world’s leading meeting transcription and collaboration tool, in partnership with the University of North Carolina Chancellor’s professor and award-winning author, Dr. Steven Rogelberg, released new findings on the cost of unnecessary meetings and its impact on organizations and their employees. The report found that almost a third of meetings are unnecessary and organizations waste millions of dollars on them. The findings put a spotlight on the amount of strain unnecessary and wasted meeting attendance places on companies’ financials and their employees, including: Companies pay an average of $80K per professional employee to attend meetings each year and $25K (31%) is to attend meetings deemed “unnecessary.” [I don't think we do any better in higher ed! - ed.]
