Lost time on conference calls costs businesses $34 billion a year

Business people waste an average of 15 minutes on each conference call they make simply getting started or dealing with distractions throughout the call. This wasted time costs US and UK businesses over $34 billion/£26 billion according to a new report. Online meeting company LoopUp surveyed 1000 professionals in the US and UK and finds the cost of wasted call time is up by 46 percent since 2015. Dial-in remains the main way business people participate in conference calls, regardless of whether they have access to web or video conferencing tools. 61 percent of people (68 percent in bigger companies)… [Continue Reading]