FINANCIAL

Meeting cost calculator

Answers the question: How much does the meeting cost?

If you call a meeting in your organization, the meeting will have a direct cost. This cost can quickly become high in organizations where too many people attend meetings. Use this meeting calculator to understand what it costs to hold a meeting and to see the effect of reducing meeting time.

Results

Total meeting cost: $ 3,000
Cost of waiting for one meeting attendant: $ 250

A great tip is to use this meeting cost calculator to realize how much a company-wide meeting costs.


Our calculations

At Calculatorian, we are keen to share our knowledge, be transparent and open to feedback. Here are the calculations used to create this calculator. If you find an error or deficiency, contact us and we'll fix it in an instant!

Total meeting cost was calculated like this:

Cost of waiting for one meeting attendant was calculated like this:

Variables used in this formula

s = Average hourly salary
p = Number of meeting attendants
d = Meeting duration in minutes
w = Time spent waiting for one meeting attendant (minutes)