Hourly rates per person. Leave blank for anyone at the average rate above.
The math behind meeting cost
Every meeting has a price tag: attendees × average hourly rate × fully-loaded multiplier ÷ 3,600 gives you the cost per second. The multiplier accounts for the fact that an employee costs more than their salary. Benefits, payroll taxes, equipment, and office space typically add 25 to 40 percent on top of base pay, which is why 1.3x is the default here.
For a quick estimate, divide annual salary by 2,080 (the standard number of working hours per year) to get an hourly rate, then apply the multiplier. Six people averaging $75 an hour at a 1.3x multiplier burn $585 an hour, or $9.75 every minute. An hour-long status meeting that could have been a message costs more than most team lunches.
FAQ
How is meeting cost calculated?
What is a fully-loaded cost multiplier?
What average hourly rate should I use?
Does the timer keep running if I switch tabs?
Is my salary data sent anywhere?
Guides
How to Calculate the Cost of Unproductive Meetings for Your Team
The honest formula with loaded rates, a worked $240,000-a-year example, and the three costs most estimates miss.
What a One-Hour Meeting Actually Costs: Worked Examples by Team Size
Real numbers for teams of 3 to 30, annual costs of recurring meetings, and what changes at senior salary levels.