Business Planning

Meeting cost calculator

People attending
Length
min
Average annual salary
Times per week
Working weeks a year
Does two jobs: it sets the hourly rate and it counts the repeats in the annual figure.
Hours a week
Cost of this meeting 211.96
6 people × 60 min at 35.33 an hour
Person-hours consumed 6
Average hourly cost 35.33
Cost per attendee 35.33
Per week 211.96
Per year 9,750
Salary only · an opportunity cost, not a cash saving

Six people in a one-hour meeting at an average 65,000 salary costs about 212. Held once a week across 46 working weeks, that comes to 9,750, a budget line that appears in no budget. Halving the attendee list or cutting the slot to thirty minutes halves it exactly, and neither change needs approval, a supplier or a project.

Salary only. The fully loaded cost of an employee — taxes, benefits, equipment and workspace on top of pay — typically runs 1.25 to 1.5 times salary, so the real figure is higher than the one shown.

Meeting cost is attendees times duration times an hourly rate derived from salary. On the figures above, six people for an hour at a 65,000 average works out at 211.96, and repeating it once a week across 46 working weeks comes to 9,750 a year. That is salary only, so the real figure is higher.

How to calculate meeting cost

1 Enter how many people attend and for how long.
2 Use the average salary of the people actually in the room, not the company average.
3 Set the frequency to see the annual figure, which is the one that changes anything.
4 Check the working weeks and hours: they set the hourly rate as well as counting the repeats.
5 Multiply the result yourself for the fully loaded cost, using whatever your finance team applies.

Two of the six inputs do more work than they look. Working weeks a year divides the salary into an hourly rate, so at 46 weeks the hourly cost is 65,000 ÷ 1,840, or 35.33. Divide by 52 weeks instead and it drops to 31.25, so the working-week version is 13% higher. Forty-six is the more defensible choice, because holiday and public holidays are paid but not worked, so an hour of somebody’s attention costs more than a naive fifty-two-week division suggests. The same field also counts the repeats in the annual row, and the two uses cancel exactly: 46 weeks and 52 weeks both give 9,750 a year, because a lower hourly rate is spread over proportionally more meetings. What the field really controls is the per-meeting figure, 211.96 against 187.50.

The larger caveat is what "cost" means here. Nobody is paid by the meeting. Cancelling the weekly hour releases no cash whatsoever; the salaries go out exactly as before. What the 9,750 measures is attention, priced at what the organisation pays for attention, and the correct reading is "this recurring meeting consumes as much of the payroll as a 9,750 line item would". Presenting it to a finance team as a saving invites the obvious rebuttal and loses the argument. Presenting it as the price of a standing decision usually wins it.

Salary is also only part of what an employee costs. Employer social contributions, pension, insurance, equipment, software seats and workspace all sit on top, and the multiple varies enough between jurisdictions that no single figure belongs in the tool: employer payroll charges alone differ by a factor of several between countries. The panel therefore reports salary cost and leaves the multiplier to you. Whatever your finance team uses for a fully loaded rate is the number to apply, and if nobody has one, applying anything between a quarter and a half again — 1.25 to 1.5 times salary — is closer than applying nothing.

The average hides the thing you most want to see. Six people averaging 65,000 might be six peers, or five people at 50,000 and one at 140,000; the total is similar and the decision is not. Whoever costs most usually contributes least to a status round, so a room priced on its average conceals exactly the attendee whose absence would save the most. When a meeting is genuinely under review, price the expensive attendees separately rather than smoothing them into the mean.

What the panel leaves out is also structural. Preparation is not in it, and for anything needing a deck the preparation frequently exceeds the meeting. Neither is the recovery cost of interruption: an hour booked in the middle of an afternoon does not remove one hour of focused work, it removes the afternoon, because what remains on either side is rarely long enough to start anything substantial. Both effects push the true figure up, and both argue for clustering meetings rather than spreading them.

Where the number does its best work is on the standing invitation nobody has revisited. A single meeting always looks affordable, and a year of the same meeting does not. Six people, one hour, weekly, is six person-hours a week and 276 person-hours a year; roughly seven working weeks of one person’s time, spent by a room that was invited once and never re-invited.

What people use it for

  • Auditing a recurring meeting
  • Deciding who genuinely needs to attend
  • Making the case for an async update instead
  • Costing a workshop or offsite
  • Pricing a standing invitation nobody has reviewed in a year
  • Comparing a thirty-minute slot against the calendar default of an hour

Questions

Attendees × hours × hourly cost, where hourly cost is annual salary divided by working weeks times hours a week. On the defaults above that is 65,000 ÷ 1,840, or 35.33 an hour.

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