A meeting cost calculator estimates the monetary cost of the time employees spend in a meeting.
Because employees are paid for their working time, every meeting has a labor cost. The more people who attend and the longer the meeting runs, the greater the cost.
For example, inviting 10 people to a one-hour meeting doesn't consume one hour of work. It consumes 10 person-hours. A meeting cost calculator converts those hours into an estimated monetary value so you can better evaluate meeting length, attendance, and frequency.
You can use the calculator to estimate the cost of:
The basic meeting cost formula is:
Meeting Cost = Number of Attendees × Hourly Cost per Attendee × Meeting Duration
If you only know annual salaries, first convert the average annual salary into an hourly rate.
Using a standard 40-hour workweek and 52 weeks per year:
Hourly Rate = Annual Salary ÷ 2,080
Then:
Meeting Cost = Attendees × (Annual Salary ÷ 2,080) × Meeting Duration in Hours
For example, consider a one-hour meeting with eight employees who earn an average of $75,000 per year. Their estimated hourly rate is about $36.06. Multiplying this by eight attendees gives a meeting cost of approximately $288. If the same meeting takes place every week for a year, the total cost rises to about $15,000.
This shows that even a meeting that seems inexpensive at first can become a significant annual expense when it is repeated regularly.
This calculator uses four main inputs:
Every attendee contributes time to the meeting. A 30-minute meeting with two people uses one total person-hour. The same 30-minute meeting with 20 people uses 10 person-hours.
Salary is converted into an estimated hourly cost. By default, the calculator assumes 2,080 working hours per year. That's based on 40 hours per week × 52 weeks. This keeps the calculation simple and transparent.
Meeting duration has a direct effect on cost. For the same group of attendees, a 60-minute meeting costs twice as much in salary time as a 30-minute meeting.
A one-time meeting may not represent a major expense. Recurring meetings are different. A weekly meeting can happen roughly 52 times in a year, while a meeting every workday can happen hundreds of times. That's why this calculator shows both the immediate cost and the potential recurring cost.
Salary isn't always the full cost of an employee. Employers may also pay for expenses such as:
If you want a broader estimate of the financial cost of a meeting, enable the Employer Overhead option and enter an appropriate percentage for your organization. If you're unsure, leave this option off. Your result will then represent estimated salary cost only.
Because employment costs vary significantly by company, country, role, and benefits package, there is no single overhead percentage that is correct for every organization.
This calculator can be useful for anyone responsible for team time, productivity, or operating costs.