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Calculate the real cost of meetings from attendee count, hourly rate, and duration. See per-meeting, weekly, and annual costs to optimize your meeting culture.
Meeting cost is the total financial cost of a meeting calculated from the number of attendees, their hourly compensation, and the meeting duration. It helps organizations quantify the hidden expense of meetings.
$300
per meeting
| Role | Avg Salary | Hourly Rate |
|---|---|---|
| Junior Developer | $65,000 | $31 |
| Senior Developer | $120,000 | $58 |
| Product Manager | $130,000 | $63 |
| Engineering Manager | $165,000 | $79 |
| VP/Director | $200,000 | $96 |
| C-Suite Executive | $300,000+ | $144+ |
Formula
Meeting Cost = Attendees × Hourly Rate × (Duration ÷ 60)Attendees = number of people in the meeting
Hourly Rate = average hourly compensation of participants
Duration = length of the meeting in minutes
Worked Example
8-person engineering meeting, 1 hour
Did you know? According to Harvard Business Review, executives spend an average of 23 hours per week in meetings, up from less than 10 hours in the 1960s. An estimated 71% of senior managers say meetings are unproductive.
Sources
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