Meetings, unless done properly, can be costly to businesses. Every minute you are late to a meeting is a minute that others have to wait around for. If you hold up 5 people for just 5 minutes, at an average salary of £25ph, you cost the company more than £10 in unproductive time. These are unnecessary fees that could be avoided if employees can be more diligent when approaching meetings.
We held an online poll asking regular meeting users whether they thought having a meeting tax in place could help cut these costs that are lost to unproductive time. This would be a small fee paid when you are late for meetings that help to cover money lost to unproductive time such as waiting for colleagues to join a call. We saw a response which favoured not having a system like this in place with 74% of people opting for no. 24% of people thought that this was a good idea and they would choose to implement this system in their meetings. 2% were unsure about the system.
It depends 2%
We received a number of comments which gave an insight into people's thoughts on this idea. A recurring theme seemed to be about respect and that a monetary tax shouldn’t be necessary because losing the respect of your colleagues due to regular lateness beyond a reasonable doubt on the first time is a more expensive tax on the individual. I think this is a very reasonable argument as this can have more of an effect in a ‘lesson learned’ way than a monetary tax can. Other comments asked whom the tax would go to, with most assuming that this money would be funnelled back into the company or even used to fund staff parties!
Would you sign up for a meeting tax so your responsible colleagues pay a forfeit when they/you are late?