The formula
Meeting cost = people × average hourly pay × hours. To turn a salary into hourly pay, divide by 2,080. A team of six on $90,000 costs about $260 an hour together.
| Meeting | People | Each time | Per year |
|---|---|---|---|
| Daily 15-min standup | 8 | $86.54 | $21,634.62 |
| Weekly 1-hour team sync | 8 | $346.15 | $17,307.69 |
| Weekly 30-min 1:1 | 2 | $43.27 | $2,163.46 |
| Monthly 2-hour all-hands | 40 | $3,461.54 | $41,538.46 |
At $90,000 average pay, salary only.
Cutting the cost
- Invite the people who decide, and send notes to everyone else.
- Default to 25 or 50 minutes instead of 30 or 60.
- Drop a recurring meeting for a month and see who misses it.
To see how much of your own week goes to Zoom, Meet and Teams, Timecard tracks meeting apps alongside everything else on your Mac.