Boneyard Tools

Meeting Cost Calculator

Enter how many people attend, their average hourly rate and how long the meeting runs to see what it really costs. A fast way to make the case for tighter agendas.

How to calculate meeting cost

  1. Enter the number of attendees.
  2. Enter the average fully-loaded hourly rate per person.
  3. Enter the meeting length in minutes.
  4. Read the total cost, cost per minute and cost per person.

Examples

Five people, one hour

5 attendees, $50/hr, 60 minutes
$250 total, $4.17 per minute

Frequently asked questions

How is meeting cost calculated?

Total cost equals attendees times the average hourly rate times the meeting length in hours. So 5 people at 50 dollars for 1 hour costs 250 dollars.

What hourly rate should I use?

Use a fully-loaded rate that includes salary plus benefits and overhead, which is often 1.25 to 1.4 times base salary. This reflects the true cost to the business.

What is cost per minute useful for?

Cost per minute makes it obvious how much each minute of overrun costs, which helps keep meetings focused and on time.

Does the currency matter?

No. The math is currency-agnostic, so enter rates in whatever currency you use and the result is in the same currency.

Is anything stored?

No. The calculation runs in your browser and nothing is uploaded.

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