Meeting Cost Calculator
How much could you save from your annual meeting costs?
Company Stats
# of Employees
5%
20%
75%
exec
mgmt
workers
% of Time in MeetingsAvg Hourly Salary
Executives
25
0%
100%
$10
$200
Management
100
0%
100%
$10
$200
Workers
375
0%
100%
$10
$200
Annual Totals
55,613 Meetings/Yr
?
$15,108,750 in Meetings/Yr
?
Annual Labor Costs
$34,875,000
Annual Cost in Meetings
$15,108,750
?
Annual Cost in Followups
$8,889,423
?
Meeting Stats
PlanningAnnual Potential Savings
Avg # of Attendees per Meeting
2
10+
55,613 meetings/yr
?
% of Attendees Not Necessary
0%
100%
$1,163,706 in wasted time
?
% Meetings with a Prepared Agenda
0%
100%
$1,530,768 in "ad hoc" agenda creation
?
Execution
% of Meetings w/out Key Attendees Present
0%
20%+
$75,543.75 in "lost" meetings
?
% Time in Meeting Spent off-Topic
0%
100%
$604,350 in repeat meetings and lost time
?
% of Meetings that Achieve their Purpose
0%
100%
$2,284,313 in repeat meetings
?
Timing
Avg Mins Starting Late
0
20+
$1,282,818 in lost time
?
Avg Mins Finishing Late
0
20+
$1,425,353 in lost time
?
Followup
% Meetings Without Minutes Shared Afterward
0%
100%
$2,262,762 in lost direction
?
% Action Items Not Completed
0%
100%
$628,545 in lost actions
?
$11,258,160 in potential savings