Meeting Cost Calculator
Calculators · Added
Enter who is in the room and what an hour of their time costs, and this adds it up. Groups can have different rates, preparation and recovery time can be counted alongside the scheduled hour, and a recurring slot gets an annual figure — because the number that changes behaviour is rarely the cost of one meeting, it is the cost of the same meeting fifty times.
How to use the meeting cost calculator
- 1List the groups in the room. Give each a headcount and an hourly rate — split them up when the rates differ, since one blended average hides who the meeting is expensive for.
- 2Set the scheduled length, or use one of the preset durations.
- 3Add preparation time per person if there is reading beforehand or refocusing afterwards. Leave it at zero to price the scheduled hour alone.
- 4Choose how often the meeting runs to get the annual figure, and add an overhead percentage if you want employer costs rather than pay.
Examples
A weekly team meeting
- Input
- 5 people at 40 an hour, 1 manager at 85, 60 minutes, weekly
- Result
- 285 per meeting, 13,110 a year
The annual figure assumes 46 occurrences rather than 52, allowing for leave and the weeks it does not happen.
The half-hour that is not half an hour
- Input
- 8 people at 50 an hour, 30 minutes scheduled, 20 minutes prep each
- Result
- 333 in total, of which 133 is preparation
Preparation is 40% of the cost here. A 30-minute meeting consumes 50 minutes of each attendee's day.
Starting five minutes late
- Input
- 12 people at 60 an hour, 60 minutes, 5 minutes late
- Result
- 60 per occurrence, or 2,760 a year on a weekly slot
This is the figure that tends to change behaviour, because it is recoverable without cancelling anything.
About the meeting cost calculator
The arithmetic, which is deliberately simple
Cost is person-hours multiplied by an hourly rate, summed across the groups in the room. Four people on 40 an hour and one on 90, for one hour, is 4 × 40 + 1 × 90 = 250. There is nothing more sophisticated behind the headline, and there should not be — the value of this calculation is that it is checkable on the back of an envelope by anyone who disputes it.
Everything that makes the number interesting is a choice rather than a formula: which rate to use, whether the hour is really an hour, and how many times a year the slot actually runs. Each of those is an input here rather than a hidden constant, because they are where reasonable people disagree, and a tool that decided them quietly would produce an answer nobody could argue with or trust.
Why splitting the room by rate matters
A single blended rate gives the same total as separate groups, so it is tempting to use one. It hides the thing worth seeing, though. A meeting with eight junior attendees and two senior ones has a different shape from one with two and eight, even at identical cost, and the per-group breakdown shows which half of the room the expense actually sits in.
That matters because the usual remedy is not cancelling the meeting, it is changing who has to be there. Most recurring meetings accumulate attendees who joined for a reason that expired, and the cost of an optional attendee is the easiest saving available — it needs no one's agreement but theirs.
What the number is good for
Three uses hold up. Sizing the invite list, because the marginal cost of one more person is immediate and concrete. Questioning a recurrence, because the annual figure for a standing slot is often startling in a way the weekly figure is not. And pricing punctuality, since a meeting that habitually starts five minutes late is paying that tax at every occurrence, and it is the one cost on this page that can be removed without anybody giving anything up.
One use that does not hold up is performance measurement. Counting the cost of the meetings someone attends says nothing about whether they were useful in them, and a team that responds to the metric by declining meetings it should attend has made things worse at no saving. The figure is a prompt for a conversation, not an output to be minimised.
Frequently asked questions
What hourly rate should I put in?
Why does the annual figure use 46 weeks and not 52?
Should I count preparation time?
Does a high cost mean the meeting was not worth it?
Is anything I type sent anywhere?
Related tools
Salary to Hourly Calculator
Calculators
Convert pay between hourly, daily, weekly, monthly and annual — both directions.
Freelance Hourly Rate Calculator
Calculators
Works back from the income you want to the hourly rate you have to charge, after unpaid hours, expenses and tax.
Hours Calculator
Calculators
Weekly timesheet — clock in and out, deduct breaks, split overtime and pay.
AC BTU Calculator
Calculators
Size an air conditioner for a room, with the adjustments for sun, ceiling height, occupants and kitchens.