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Meeting Cost Calculator

See what a meeting actually costs in salary time, then start the live timer and watch a real one tick over.

Your numbers

Used for the annual figure across about 46 working weeks
Cost of this meeting
 
Live meeting, running hot
$0.00
00:00 Reset
Chime every $100, cash register every $500. The meter and the number run hot as the cost climbs toward the full meeting price.
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How do you calculate the cost of a meeting?

Take each attendee's hourly cost (annual salary divided by about 1,976 working hours), multiply by the number of people and the length of the meeting. This tool does it for you and adds an annual figure based on how often the meeting runs.

Where Compono fits

A calendar full of expensive meetings is usually a symptom, not the disease. When people are disengaged or unclear on priorities, the response is often more meetings, which costs more and fixes less. Compono Engage reads what actually drives your teams, so leaders can spend that time where it changes an outcome rather than where it fills a diary. The cheapest meeting is the one you did not need to hold.

See how it works

How it's calculated

The cost per person per hour is the annual salary spread across a standard working year of about 1,976 hours (38 hours a week over 52 weeks). Multiply that by the number of attendees and the length of the meeting to get the cost of one meeting, then by how often it runs across about 46 working weeks for the annual figure. The live timer uses the same per-second rate, so the number climbing on screen is the real salary cost of the meeting you are in. These are salary-time estimates, not a full loaded-cost figure.

Common questions

Does this include the full cost of employment?

No. It uses salary time only, so it is a conservative floor. The fully loaded cost, once super, payroll tax and on-costs are added, is higher. Use the True Cost of an Employee calculator for that.

What is the live timer for?

Start it at the beginning of a real meeting and it counts up the salary cost in real time using the same per-second rate. It is a fast way to make the cost of a long meeting visible to the room.

How can we reduce meeting costs?

Shorten the default meeting length, cut the invitee list to people who genuinely need to be there, and replace status meetings with written updates where you can. The largest saving is usually fewer people in the room, not shorter meetings.

Figures are estimates using published benchmarks. Sources shown above; rates reviewed annually.