Calculate the actual cost of meetings based on participant salaries, meeting duration, and frequency. This tool helps organizations understand the true financial impact of meetings and optimize meeting efficiency. All calculations are based on 260 working days per year (52 weeks à 5 days).
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Define specific goals and desired outcomes before scheduling any meeting.
Try 25 or 50 minute meetings instead of standard 30 or 60 minute blocks.
Only include essential participants. Use follow-up emails for others.
Share detailed agendas 24 hours in advance to maximize preparation.
| Meeting Type | Duration | Participants | Avg Salary | Single Cost | Weekly Cost | Annual Cost |
|---|---|---|---|---|---|---|
| Team Stand-up | 15 min | 8 | $70,000 | $134.62 | $673.08 | $35,000 |
| Department Review | 1 hour | 12 | $85,000 | $980.77 | $980.77 | $51,000 |
| Executive Briefing | 2 hours | 6 | $150,000 | $1,730.77 | $1,730.77 | $90,000 |
| Project Kickoff | 3 hours | 15 | $65,000 | $2,250.00 | - | $2,250 |
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