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Team Meeting Cost

Value a recurring meeting by the combined salary time of attendees.

About Team Meeting Cost

Multiplying the average hourly salary by every attendee and the meeting length values the meeting in lost work time, scaled up to a week or year. Putting a price on meetings makes it obvious when a low-value recurring meeting is costing more than the decision it produces.

Formula

Team Meeting Cost

Meeting cost = hourly rate x attendees x hours; weekly x frequency

attendees
People whose time the meeting consumes

Worked example

With the default values below, Team Meeting Cost returns Cost per Meeting of $400.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

Average hourly rate
50
Attendeesminimum 1
8
Duration (hours)minimum 0
1
Times per weekminimum 0
1

Results

Cost per Meeting
$400.00
Cost per Week
$400.00
Cost per Month
$1,738.00
Cost per Year
$20,870.80

Step by step

  1. 1Values used
  2. 2Team Meeting Cost
  3. 3Cost per Meeting= 400.00
  4. 4Cost per Week= 400.00
  5. 5Cost per Month= 1,738.00
  6. 6Cost per Year= 20,870.80

Assumptions and limits

  • The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
  • In particular, this calculator does not take inflation, tax or fees or charges into account.
  • Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Frequently Asked Questions

How is Team Meeting Cost calculated?

Meeting cost = hourly rate x attendees x hours; weekly x frequency Multiplying the average hourly salary by every attendee and the meeting length values the meeting in lost work time, scaled up to a week or year.

Why does Team Meeting Cost matter?

Putting a price on meetings makes it obvious when a low-value recurring meeting is costing more than the decision it produces.

What values do I need to enter?

This calculator takes 4 inputs: Average hourly rate, Attendees, Duration (hours), Times per week. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.

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