That's a lot of math. But definitely worth giving a thought.
I always land-up to meetings just 3 minutes before it starts, of course when I am not presenting. That saves me a lot of time. Instead I have seen people gather half hour earlier, chit chatting over coffee or disturbing the work area near the meeting room.
I never thought so deep but always thought I would sit at my desk in peace rather than wondering around near the meeting room doing nothing productive.
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Hey, that's a lot of time they are wasting as you can see