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Calculate the true cost of meetings including prep time, follow-up, and opportunity cost. Track individual attendees, get efficiency scores, and discover actionable ways to reduce meeting overhead.
Total hourly rate: $250.00/hour
Cost per Meeting
$354.17
5 attendees x 60 min
Cost per Person
$70.83
Per attendee
Monthly Cost
$1533.54
Weekly
Annual Cost
$18416.67
52 meetings/year
Annual Impact: This meeting costs $18416.67/year and consumes 52 hours (6.5 workdays) of collective time annually.
Meetings are one of the largest hidden costs in any organization. According to research, unnecessary meetings cost U.S. businesses approximately $37 billion annually. By quantifying meeting costs, you can make more informed decisions about which meetings are truly necessary and how to optimize them for maximum value.
Total Cost = (Hourly Rate x Duration) + (Prep Time Cost) + (Follow-up Cost) + Overhead + Opportunity CostOur efficiency score evaluates meetings based on key factors that determine productivity:
Opportunity cost represents the value of productive work that could have been accomplished instead of attending the meeting. Research suggests that focused deep work generates 1.5-3x more value per hour than meeting time. Our calculator uses a default 1.5x multiplier, which you can adjust based on your organization's work patterns.