By Andrew Liszewski
Besides the toll on your employee’s souls (or what’s left of them) long, drawn-out office meetings can end up costing your company a lot of money when it comes to lost productivity. So the TIM, or Time Is Money, clock makes it easy to calculate the true financial cost of a boring meeting.
Before things get under way you enter the number of people in the room, and an educated guess at the average hourly wage of everyone in attendance, and then hit the large illuminated Start button. As the seconds tick by the true cost of the meeting is displayed on the TIM’s monochrome LCD display, hopefully encouraging everyone to get to the point, and to quickly get back to their desks. And the first time you use the TIM you’ll probably want to factor in the clock’s $24.99 price tag to the cost of the meeting as well.