Question 1

How is the meeting cost calculated?

Accepted Answer

We calculate each participant's hourly rate from their annual salary (÷ 2080 work hours), multiply by meeting duration, and sum all participants.

Question 2

Why 2080 work hours per year?

Accepted Answer

This is the standard: 40 hours/week × 52 weeks = 2,080 hours. It's commonly used for salary-to-hourly conversions.

Question 3

Does this include opportunity cost?

Accepted Answer

This is the direct salary cost only. The true cost including lost productivity, context switching, and opportunity cost is typically 2-3x higher.

Question 4

How can I reduce meeting costs?

Accepted Answer

Consider: async updates instead of status meetings, shorter default durations (25/50 min), fewer attendees, clear agendas, and no-meeting days.

Meeting Cost Blog

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