Value a recurring meeting by the combined salary time of attendees.
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.
Team Meeting Cost
Meeting cost = hourly rate x attendees x hours; weekly x frequency
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.
Putting a price on meetings makes it obvious when a low-value recurring meeting is costing more than the decision it produces.
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.