Every conference — online or in-person —
is an Investment your company makes in time,money and resources.
Whether that investment turns out to be a good one — when value exceeds cost — depends on the outcome of the meeting.
A good sales meeting takes the prospect to the next step. A good project management meeting synchronizes the team and supports on-time, on-budget project outcomes.Weak ones do just the opposite. Weak conferencing has hard and soft costs that directly affect the company and the brand image.
Use our calculator below to determine how much weak conferencing actually costs your company.
Average number of people who attend a meeting (including SMEs, managers, executives & more)
Average cost per person who attends an hour meeting (cost per staffing hour)
Percentage of time employees spend in meetings
Cost of meeting attendance per employee
NotesThis is calculated by taking the average cost per person who attends an hour meeting times (25% x 8 hours in a day) times 20 working days in a month.
Percentage of Meetings Attended That Employees Find to Be Unproductive
Number of employees that attend at least one meeting per day
NotesMost companies assume that their sales, marketing, and executive teams attend at least one meeting per day. If unsure, simply enter the size of your company.
The average total cost of meetings per year
Estimated percentage of unproductive meetings where conferencing technology was considered the problem
Percentage of meetings that have a technology failure and required Information Technology's involvement
Cost of Information Technology Staff Per Hour
Number of meetings per year
Total IT cost per year for meetings that have technology failure and require Information Technology's involvement
Your company is losing
a year due to weak conferencing.