Time Valuer / Resources / Glossary / Meeting cost
Meeting cost
The combined value of everyone's time in a meeting, for as long as it runs.
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What it means
A meeting's cost is the sum of each attendee's hourly value × its length. It's rarely shown, so meetings are rarely priced.
A recurring meeting is a yearly expense. Halving it is often the easiest saving a team can make.
Example
| Team of five, 1 hour | $307.69 |
| Weekly for a year | $16,000 |
| Halved | saves $8,000 a year |
In Time Valuer
Once your team has profiles in Time Valuer, select who's in a meeting to see what it costs, ranked by attendee.
Related terms
Questions and answers
How do you work out what a meeting costs?
The combined value of everyone's time in a meeting, for as long as it runs.
Know what every hour is worth. Download Time Valuer for iPhone.