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Shopify uses cost calculator to shame employees in its effort to reduce turnover.

The Problem: The Ubiquitous Nature of Meetings in the Modern Workplace

The modern workplace is a tempest of activity, yet meetings remain one of the most divisive and misunderstood aspects of daily life. They come in all shapes and sizes—virtual or in-person, short or long—and often serve little purpose beyond creating confusion and inefficiency. According to research spanning two decades, the cost of meetings can add up to tens of millions of dollars annually for large organizations alone.

Why Meetings Are Expensive

Meetings are among the most expensive elements of organizational life. A survey conducted by Professor Steven Rogelberg of the University of North Carolina at Charlotte reveals that noncritical meetings alone waste approximately $100 million per year in big companies, contributing significantly to inefficiency and wasted time. Rogelberg’s research underscores the importance of addressing meeting culture head-on, as even the most trivial discussions can spiral out of control.

Shopify’s Leap: The Cost Calculator

In a bold move to combat unnecessary meetings, Shopify has introduced a groundbreaking tool designed to quantify the cost of meetings—a concept that has long eluded many corporate cultures. This innovative "meeting calculator" assigns dollar values to various meeting components, from time spent in sessions to materials consumed during discussions. By providing tangible data, the calculator empowers employees to make informed decisions about whether a meeting is truly necessary or if it can be trimmed.

The Broader Initiative: A Campaign for Change

Shopperify’s efforts extend beyond the calculator itself, as part of a larger campaign aimed at reducing meetings in the workplace. This initiative includes providing employees with resources on best practices for managing their time and prioritizing tasks. Senior management’s active participation is crucial to ensuring that this campaign gains traction and achieves its intended impact.

The Resistance: Concerns from Experts and Employees

Despite Shopify’s efforts, there are valid concerns within the organization about how such a tool might be received. Some argue that assigning monetary values to meetings could discourage junior employees or those from marginalized groups from raising important issues during discussions. Additionally, questions have been raised about whether the cost calculator will effectively change workplace behavior, as superficial interventions often fall short of addressing root causes.

The Results: A Turning Point

In its first five months of 2023, Shopify reported a notable decline in average meeting time per worker—a 14% reduction compared to the same period last year. This shift has contributed to an increase in project completion rates and a more efficient work environment. For employees like Brian Elliott, whose role now includes managing calendar requests across the company, these changes have been met with both enthusiasm and a sense of relief.

The Broader Impact: A New Era of Efficiency

As Shopify continues its "meeting purge" initiative, the question remains: will this be the catalyst for sweeping change in workplace culture? The arrival of the cost calculator has already sparked discussions within the organization about redefining what it means to work. By embracing a more deliberate and efficient approach to meeting management, Shopify is setting an example for other companies looking to eliminate inefficiencies.

In conclusion, Shopify’s introduction of the "meeting calculator" represents a significant step forward in workplace productivity. While challenges remain, the company’s commitment to fostering change through innovation will undoubtedly shape the future of work in meaningful ways.