Business Planning

Meeting cost calculator

People attending
Length
min
Average annual salary
Times per week
Working weeks a year
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 · loaded cost is ~1.3×

Six people in a one-hour meeting at an average 65,000 salary costs about 212. Held weekly for a year, that is nearly 9,800 — a real budget line that never appears in any budget. It is also why halving the attendee list or cutting the slot to thirty minutes is one of the few cost reductions available that costs nothing to implement.

Salary only. The fully loaded cost of an employee — taxes, benefits, equipment, space — is typically 1.25 to 1.4 times salary, so the real figure is higher.

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320 × 100

Meeting cost is attendees times duration times the average hourly rate. Six people for an hour on a 65,000 average salary costs about 212 — and the same meeting held weekly costs nearly 9,800 a year.

How to calculate meeting cost

1 Enter how many people attend and for how long.
2 Use the average salary of the people in the room.
3 Add the frequency to see the annual figure.
4 Multiply by about 1.3 for the fully loaded cost.

The annual figure is the one that changes behaviour, because a single meeting always looks affordable and a year of them does not. The useful comparison is against something concrete: a weekly hour-long meeting for six people costs roughly what a junior contractor costs for a month. That framing makes the question "does this need everyone, and does it need an hour?" a budget question rather than a matter of taste — and the honest answer is often that half the room could read the notes.

Questions

Attendees × hours × average hourly cost. Hourly cost is annual salary divided by working weeks times hours per week.

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300 × 250
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