See what a meeting really costs, live, based on attendee salaries
Meeting Cost Calculator is a free online browser-based utility designed to see what a meeting really costs, live, based on attendee salaries. All computations, processing, and rendering happen completely inside your browser client, ensuring your data is kept secure and private.
Multiply attendees by the average hourly cost per person, then by the meeting length in hours. Six people at 1,500 per hour for 60 minutes is 6 x 1,500 = 9,000. The tool shows this planned cost and a live counter that grows while the meeting runs.
Press Start meeting and the counter adds cost every second, based on attendees times the hourly cost. You can pause, resume and reset it. With 9,000 per hour, the cost rises by about 150 every minute. It runs only in your browser.
Choose Year as the rate type and the tool divides the annual figure by 2,000 working hours. An annual cost of 20,00,000 becomes 1,000 per hour. It is a simple approximation, so enter an hourly cost directly if you know a more accurate figure.
Total cost to the company is a fairer basis because it includes benefits, taxes and overheads, not just salary. Salary alone will understate the real cost. Either way, the result is a rough estimate to prompt better meeting habits, not an accounting figure.
Invite only those who need to decide or contribute, set an agenda, and shorten the slot. Cutting a 60-minute meeting to 30 minutes halves the cost, and removing 2 of 6 attendees reduces it by one third. Showing the live counter can also keep discussions focused.
No. It only counts the meeting length you enter, multiplied by the attendees and their average cost. Preparation, follow-up work and the cost of interrupting other tasks are not included, so the real cost of a meeting is usually higher than the figure shown.
No. Toolskyt operates under a zero-server policy. All calculations, data formatting, and file exports are executed locally on your machine.
No, this tool is 100% free. There are no limits, sign-ups, subscriptions, or hidden charges required.