Shopify is escalating its war on meetings by introducing a calculator that shows employees how much it costs to have dozens of colleagues huddled together for an hour instead of just sending an email.
The e-commerce company rolled out the Meeting Cost Calculator internally as part of ongoing efforts to encourage emptier calendars. The tool functions as a Chrome extension built into Google Calendar, showing Shopify's 11,000-plus global employees the estimated cost of their meetings by using data based on average compensation, number of attendees, and length.
The average 30-minute meeting with three employees at the company costs between $700 to $1,600, according to an internal note. By getting rid of three meetings a week per person, Shopify estimates it will see a 15% reduction in overall costs.
The tool furthers steps Shopify took in January when it did away with all previously scheduled recurring meetings involving three or more people, enforced meeting-free Wednesdays, and limited large meetings with over 50 people to a six-hour window on Thursdays.
View Full Article
No entries found