Meeting Cost Calculator
See what a recurring meeting actually costs in time and money.
Each meeting
$382.50
Each month
$1,530.00
Each year
$18,360.00
Worked example
Six people at $85 an hour, meeting for 45 minutes, four times a month, cost $382.50 a meeting. That is $1,530 a month, and $18,360 a year.
FAQ
- How is the cost calculated?
- People times the hourly rate times the length of one meeting. The month multiplies by how often it repeats, and the year is that month times 12.
- Should I use salary or charge-out rate?
- Use the rate that matches the decision. A charge-out rate shows client cost. A salary rate shows payroll cost, and still ignores overhead.
- Does this include preparation?
- Only if you add that time to the meeting length.