Meeting Cost Calculator – Calculate How Much Your Meeting Costs the Company
The meeting cost calculator calculates real-time meeting costs based on number of participants and average salary. See to the second how much the meeting has already cost.
Enter number of participants and estimated hourly wage, and the timer shows the meeting's growing cost in real-time. The tool helps visualize the financial impact of unnecessary meeting culture.
How much do company meetings cost per year?
A 10-person meeting for 1.5 hours at average wage ($40/hour) costs $600. If a company holds 3 such meetings per week, the annual cost is about $93,600. US studies show ineffective meetings cost companies hundreds of billions of dollars annually. Consider: could this be handled via email or Slack?
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Browse all tools →The meeting cost calculator estimates the total cost of a meeting based on participants' salaries and duration. An eye-opening tool that helps visualize the real price of time spent in meetings.
Enter number of participants, average salary, and meeting duration – the calculator shows the meeting's cost.
- Calculate total meeting cost as participant salary expenses.
- See cost per minute in real-time.
- Compare costs of different meeting formats (everyone vs. smaller group).
The cost includes only salary expenses – the real price is higher when accounting for overhead and lost productive time.
- Overhead costs (benefits, facilities, technology) can double the actual cost.
- Calculator helps prioritize: is a meeting needed or would an email suffice?
- Reducing participant count is the most effective way to lower cost.
Meeting cost doesn't mean it isn't valuable – a well-planned meeting can save many times its cost.
- An agenda and clear objective make meetings efficient.
- Use the calculator as an argument for reducing unnecessary meetings.
- Salary information is sensitive – use averages, not individual salaries.