Schedule on Behalf of -

We have several admins and coordinators who do not host meetings; they schedule meetings on behalf of their executives. It seems fiscally irresponsible to pay for a license just for the privilege of scheduling on behalf of an executive.

Aside from the obvious of having to log in and out of an executive account (which goes against all of our policies related to password sharing), is there another way?

I can't be the only one in this situation.