CALCULATOR
Meeting Cost Calculator
Estimate gross time cost of a meeting. Example: Attendees: 5 attendees, Minutes: 30 minutes, Supplied hourly rate: 20 currency/hour/person gives 50 currency. Gross supplied-rate arithmetic only. Currency supplied consistently; no taxes, deductions, overtime law, benefits or minimum-wage advice. Pay periods and worked hours supplied explicitly. All attendees have one supplied average gross hourly r
Gross supplied-rate arithmetic only. Currency supplied consistently; no taxes, deductions, overtime law, benefits or minimum-wage advice. Pay periods and worked hours supplied explicitly. All attendees have one supplied average gross hourly rate; this is allocated time cost, not necessarily extra cash expenditure. Derivation: Convert minutes to hours and sum participant time amounts.
Accepted inputs: Attendees: 0 to 1,000 attendees; Minutes: 0 to 10,000 minutes; Supplied hourly rate: 0 to 100,000 currency/hour/person.
How the calculation works
time cost = attendees × minutes/60 × hourly rate/person
Worked example
With attendees 5 attendees, minutes 30 minutes, supplied hourly rate 20 currency/hour/person, gross time cost of a meeting is 50 currency.
Assumptions and limits
Gross supplied-rate arithmetic only. Currency supplied consistently; no taxes, deductions, overtime law, benefits or minimum-wage advice. Pay periods and worked hours supplied explicitly. All attendees have one supplied average gross hourly rate; this is allocated time cost, not necessarily extra cash expenditure. Derivation: Convert minutes to hours and sum participant time amounts.