How this tool works
Meeting cost = people x hourly cost x meeting hours.
Work and Income
Meeting Cost Calculator
Estimate the people-cost of a meeting from attendees, hourly rate and duration.
Keep exploring this topic
Use the related tools and guides when the first answer raises the next question.
Formula
Meeting cost = people x meeting hours x hourly rate. It is a rough visibility tool, not payroll accounting.
Example
Eight people in a one-hour meeting at 40 per hour represents about 320 of working time.
Common mistake
Cost is not the only question. Some meetings are worth it, but the number helps decide whether the format should change.