Free Tool

Meeting Cost Calculator

Discover the true cost of meetings in your organization. Adjust the inputs below to see how much time and money your team spends in meetings every week, month, and year.

Meeting Details

2 people
people
50 people
$10 /hr
$/hr
$500 /hr
5 min
min
180 min
1 /week
/week
40 /week
Cost Per Meeting
$250
Weekly Cost
$1,250

Annual Meeting Cost

$65,000

Based on 5 meetings/week with 5 participants at $50/hr

Monthly Cost
$5,413
Hours / Week
5.0hrs
Equivalent FTEs
0.1employees
Total Meeting Hours Per Year260 hrs

That is 2.5% of each participant's total work hours (2,080 hrs/year)

Did you know?

The average professional spends 31 hours per month in meetings, and studies show that 71% of meetings are considered unproductive. With ReMinutes, teams report saving 5+ hours per week on meeting follow-ups by automating transcription, summaries, and action item tracking.

Share Your Results

Copy a summary of your meeting cost analysis to share with your team or manager.

Start capturing meeting value

Every meeting has decisions, action items, and commitments. Stop letting them slip through the cracks. ReMinutes captures everything automatically.

Free forever. No credit card required.

How to Use the Meeting Cost Calculator

1

Set participant count

Enter how many people typically attend your meetings. Include all regular attendees.

2

Enter hourly rate

Use the fully-loaded cost (salary + benefits). A good rule of thumb is 1.3x the base salary divided by 2,080 work hours.

3

Choose duration

Select how long your typical meeting lasts. Use the quick presets for common meeting lengths.

4

Review the impact

See the full financial impact broken down by week, month, and year — plus equivalent FTEs consumed.

Why Meeting Costs Matter

Meetings are one of the largest hidden costs in any organization. While they are essential for collaboration, alignment, and decision-making, unproductive meetings drain resources fast. Research from Harvard Business Review shows that executives spend an average of 23 hours per week in meetings — up from less than 10 hours in the 1960s.

By quantifying the cost, you can make better decisions about which meetings are truly necessary, how long they should last, and who really needs to attend. Pair this awareness with tools like ReMinutes that automatically capture decisions and action items, and you can dramatically reduce meeting overhead while keeping your team aligned.

ReMinutes | AI Meeting Minutes & Transcription Software