Inefficient meetings cost mid-size companies $5.3m a year

Supplied by LogMeIn Australia on Tuesday, 19 May, 2015


Employees are having more meetings than ever, with the average employee having five per week and executives in some industries having up to 10.

But attendees overwhelmingly feel that meetings are not worth the time they are spending in them. The majority of meetings also start late due to factors including technical difficulties, which costs a mid-size company an average of $5.3 million per year.

While meetings aren’t inherently unproductive, the contemporary workforce lacks the tools to get the job done. A growing percentage of meetings are also one to one rather than group, and taking place online instead of in person, prompting the need for new collaboration tools tailored to these interactions.


Related White Papers

How to protect your business from extortive threats

Australia is being called the land of opportunity for hackers. Attack volumes are up over...

How power, growth and cost will change data centres

In an era when the cost of powering venues like data centres completely eclipses other costs,...

20 private cloud myth busters

Examine 20 of the most asked questions about the private cloud. Discover how to develop a...


  • All content Copyright © 2026 Westwick-Farrow Pty Ltd