Meeting Duration Calculator
Calculate the total duration and cost of a meeting based on start/end times and attendee hourly rates.
Durée
1.50 hrs
Duration vs Start Time (24hr)
Formule
## How to Calculate Meeting Cost The true cost of a meeting is the duration multiplied by the number of attendees and their average hourly compensation. ### Formula **Duration = End Time - Start Time (in hours)** **Meeting Cost = Duration x Attendees x Average Hourly Rate**
Exemple Résolu
A meeting from 10:00 to 11:30 with 5 attendees averaging $50/hr.
- 01Duration = (11:30 - 10:00) = 90 minutes = 1.5 hours
- 02Person-hours = 1.5 x 5 = 7.5 hours
- 03Meeting cost = 7.5 x $50 = $375.00
Questions Fréquentes
Why calculate meeting costs?
Understanding the financial cost of meetings encourages efficiency. A 1-hour meeting with 10 people at $60/hr costs $600, motivating tighter agendas.
What hourly rate should I use?
Use the fully loaded cost (salary + benefits) divided by annual work hours, or a rough estimate. Benefits typically add 20-30% to base salary.
How can I reduce meeting costs?
Invite only essential attendees, set clear agendas, keep meetings short, and consider async alternatives like emails or recorded updates.
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