Shopify is trying to discourage useless meetings with a tool that estimates the cost of employees' time.
The calendar tool calculates meeting costs based on employee pay data, meeting duration, and attendees.
The strategy is part of Shopify's push to purge thousands of unnecessary meetings.
Shopify has introduced a new tool to help employees find out — and encourage them to cut back on non-crucial meetings.
"No one at Shopify would expense a $500 dinner," Shopify COO Kaz Nejatian, who built the program, told Bloomberg.
Persons:
Shopify, Kaz Nejatian, Tobi Lütke, Nejatian
Organizations:
Service, Bloomberg
Locations:
Wall, Silicon