Meeting Cost Calculator
Visualize the financial impact of meetings in real-time. Calculate burn rates, assign attendee tiers, and see what else that budget could buy.
About
Time is money, yet organizations often treat meeting hours as a free resource. This tool quantifies the financial drain of synchronized time, acting as a fiscal wake-up call for managers and teams. By inputting attendee salaries or hourly rates, you generate a real-time "burn rate" ticker. Accuracy here is vital; underestimating the cost of a 10-person executive sync can lead to significant invisible budget leaks over a fiscal quarter. This calculator helps justify asynchronous work policies or shorten agenda durations.
Formulas
The cost accumulation is calculated using a linear function of time and aggregate hourly compensation.
Reference Data
| Attendee Level | Avg Hourly Rate ($) | Cost per 1 hr Mtg | Cost per 100 Mtgs |
|---|---|---|---|
| Junior Dev / Admin | 40 | 40 | 4,000 |
| Senior Manager | 90 | 90 | 9,000 |
| Director / VP | 150 | 150 | 15,000 |
| C-Suite Exec | 300 | 300 | 30,000 |
| Team of 5 (Mixed) | 500 (Total) | 500 | 50,000 |
| All Hands (50 ppl) | 2,500 (Total) | 2,500 | 250,000 |