Meeting Cost Calculator
Calculate how much your meetings really cost the company. Enter the number of attendees and their average salary to see the true cost.
How It Works
We calculate meeting cost using the formula: (Hourly Rate × Attendees × Duration) ÷ 60. The hourly rate is derived from annual salary ÷ 2,080 standard work hours per year.
Example
A 1-hour meeting with 5 people earning an average of $80,000/year costs approximately $153.85. That's $769/month for a daily 30-minute standup.
Frequently Asked Questions
How do you calculate meeting cost?
Meeting cost = (Average hourly rate × Number of attendees × Meeting duration in minutes) ÷ 60. The hourly rate is typically annual salary ÷ 2,080 hours.
What is the average cost of a meeting?
For a team of 5 with an average salary of $80,000, a 1-hour meeting costs approximately $153.85. A daily 30-minute standup costs about $769 per month.
How can I reduce meeting costs?
Keep meetings short, invite only essential attendees, have clear agendas, and consider async alternatives like email or Slack for updates.