How often does this meeting happen? Used for the annual cost projection
How to calculate meeting costs (the honest way)
Most tools use a simple formula: hourly rate × attendees × duration. That's a start, but it's not the full picture. Employers don't just pay salaries. Benefits, payroll taxes, and overhead typically add 30-40% on top of base pay. A $120K employee costs closer to $156K when you account for what the company actually spends.
The formula this tool uses: (hourly rate × 1.3 overhead) × attendees × duration in hours. If you're entering annual salary, that gets divided by 2,080 - the standard number of working hours in a year. The result is the true cost of the time in that room.
The per-meeting cost is useful. The annual projection is the number that makes people act. A $300 weekly standup sounds manageable. Running 50 weeks a year, that's $15,000. That's a headcount. That's a product sprint. That's real money, and most recurring meetings don't get audited against it.
The annual number is the one that changes behavior.
A 1-hour meeting with 5 people at an average $120K salary costs about $375, overhead included. Run it weekly and you're spending $19,500 a year on that one meeting. Daily, and you're past $97,000.
Meetings that produce decisions, alignment, and real momentum earn their cost. The ones that don't are easy to spot: the weekly check-in that became a status update, the all-hands that could be a doc, the sync that should have been a message.
The annual projection is the gut check. If you can't say what that meeting produces that's worth the number, you have your answer.
Frequently asked questions about meeting costs
Run meetings that earn their cost.
A meeting agenda template that forces the right prep before anyone gets on the call. Outcomes defined, decisions documented, next steps assigned before you leave the room. The kind of meeting people actually show up for.