{"id":1750,"date":"2012-10-01T20:48:36","date_gmt":"2012-10-01T20:48:36","guid":{"rendered":"http:\/\/presentation-skills-blog.co.uk\/?p=1750"},"modified":"2012-10-01T20:48:36","modified_gmt":"2012-10-01T20:48:36","slug":"the-cost-of-a-presentation","status":"publish","type":"post","link":"http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/the-cost-of-a-presentation\/","title":{"rendered":"The cost of a presentation"},"content":{"rendered":"<p><a class=\"thumbnail\" href=\"http:\/\/presentation-skills-blog.co.uk\/2012\/10\/the-cost-of-a-presentation\/british-pound-coins-over-white\/\" rel=\"attachment wp-att-1752\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-1752\" title=\"british-pound-coins-over-white\" src=\"http:\/\/presentation-skills-blog.co.uk\/wp-content\/uploads\/2012\/10\/british-pound-coins-over-white-217x300.jpg\" alt=\"presentation costs\" width=\"217\" height=\"300\" srcset=\"http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/wp-content\/uploads\/2012\/10\/british-pound-coins-over-white-217x300.jpg 217w, http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/wp-content\/uploads\/2012\/10\/british-pound-coins-over-white-742x1024.jpg 742w, http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/wp-content\/uploads\/2012\/10\/british-pound-coins-over-white.jpg 870w\" sizes=\"auto, (max-width: 217px) 100vw, 217px\" \/><\/a>I ran a training course today for a mixed bunch of engineers and salespeople for the European branch of an global engineering company. Not everyone wanted to be there (although everyone enjoyed it and no one was negative on the day). To try and make the point that the training was there for <strong>them<\/strong>&#8230; we did some sums.<\/p>\n<p>Their MD told me that (although it was something of an under-estimate by a quite bit of a way) they worked on the assumptions of it costing them \u00a3100\/hour for them to employ people &#8211; this included costs and some of their on-costs, such as pension and so on: it didn&#8217;t include the broader &#8216;soft&#8217; on-costs such as training them, illness, recruitment costs and so on). The under-estimate was made up for by the convenience of having simple calculations to do! :)<\/p>\n<p>We applied that figure to a presentation, like this: (all these figures are taken from the figures we worked with this morning, I&#8217;m not hyping anything here &#8211; in fact personally I think things were underestimated by people who didn&#8217;t want to be proven wrong!)&#8230;<\/p>\n<ul>\n<li>time spent designing a presentation &#8211; about two hours<\/li>\n<li>time spent delivering a presentation &#8211; another hour<\/li>\n<li>number of other people there &#8211; seven<\/li>\n<li>average travel time for \u00a0the attendees &#8211; two and a half hours each<\/li>\n<\/ul>\n<div>That&#8217;s a total time input of 20 and a half hours. Multiply that by the cost per hour of each employee and each presentation costs tidy sum &#8211; \u00a32050. That doesn&#8217;t include the cost of travel &#8211; coming by train for a few of the staff who came along to the presentation in question came to well over \u00a3300 and adding on the petrol mileage for the others brought travel costs to an (estimated) \u00a3500+<\/div>\n<div>Not including the value of opportunity costs and the effect on lost productivity either during the meeting itself or afterwards because of low morale after a bad presentation&#8230; the wasted presentation cost the company over \u00a32500 &#8211; to get nothing done!<\/div>\n<div>Isn&#8217;t it about time we started figuring out the <strong>real<\/strong> cost of presentations!?<\/div>\n","protected":false},"excerpt":{"rendered":"<p>I ran a training course today for a mixed bunch of engineers and salespeople for the European branch of an global engineering company. Not everyone wanted to be there (although everyone enjoyed it and no [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,10,12],"tags":[],"class_list":["post-1750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-blog-related","category-rant","category-reviews-case-studies"],"_links":{"self":[{"href":"http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/wp-json\/wp\/v2\/posts\/1750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/wp-json\/wp\/v2\/comments?post=1750"}],"version-history":[{"count":0,"href":"http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/wp-json\/wp\/v2\/posts\/1750\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/wp-json\/wp\/v2\/media\/1752"}],"wp:attachment":[{"href":"http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/wp-json\/wp\/v2\/media?parent=1750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/wp-json\/wp\/v2\/categories?post=1750"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.awareplus.co.uk\/presentation-skills-blog\/wp-json\/wp\/v2\/tags?post=1750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}