Meeting Cost Calculator
Calculate the real cost of any business meeting based on attendee salaries and time. The average company wastes 15-20% of payroll on unnecessary meetings — find out what yours cost.
Formula & Reference
| Variable | Formula | Units |
|---|---|---|
| Meeting Cost Calculator | Meeting Cost = Sum of (Attendee Hourly Rate x Duration) | $/meeting |
Step-by-Step Examples
6 attendees, $50/hr average, 60 minutes.
- Cost: 6x$50x1hr = $300/meeting
- Annual (52 weeks): $15,600/year
- Many status meetings could be a Slack update
10 engineers, $75/hr, 15 minutes.
- Cost: 10x$75x(15/60) = $187.50/standup
- Annual: $187.50x250 = $46,875/year
- Worth it only if it unblocks $187.50 in value daily
8 executives, $200/hr, 120 minutes.
- Cost: 8x$200x2 = $3,200
- This is why executive time is so valuable
- Every meeting should produce $3,200+ in decisions and alignment
Real-World Applications
Common Mistakes to Avoid
The cost of a meeting isn't just salaries — it's what those people aren't doing. A 1-hour engineering meeting blocks an hour of code that might be worth 5-10x the meeting cost.
Most recurring meetings are never cancelled. Audit your meeting calendar quarterly and remove meetings that no longer deliver clear value.
Every extra attendee costs money and reduces decision quality. Apply Jeff Bezos's 'two-pizza rule' (meetings shouldn't need more food than two pizzas could feed).