Meeting Cost Calculator
Calculate how much a meeting costs in wages based on length, number of attendees, and average hourly rate.
Examples
- 2 h, 5 participants, $50/h ⇒ $500
- 1 h, 10 participants, $40/h ⇒ $400
FAQ
Why consider meeting cost?
It highlights the time investment in monetary terms.
Can rates differ per person?
Use an average rate for simplicity.
Does this include opportunity cost?
No, it only calculates wages.
Additional Information
- Shorter, focused meetings reduce wasted resources.
- Knowing the cost helps decide if a meeting is necessary.