Meeting Cost Ticker
Weaponize real-time cost to demonstrate meeting absurdity.
The true cost of a meeting isn't just the sum of salaries in the room; it's the total cost to the business. We use a "Loaded Rate" to better represent this reality.
The "Loaded Rate" Multiplier
An employee's hourly rate is only part of their cost. Businesses also pay for benefits (health insurance, retirement), payroll taxes, and overhead (office space, software). A standard multiplier, typically between 1.3x and 1.5x, is used to estimate this "loaded" cost. We use a conservative 1.4x multiplier.
CostPerSecond = (NumParticipants * AvgHourlyRate * 1.4) / 3600
Embeddable Ticker Widget
Want to make the cost of meetings painfully visible to your team? You can embed this cost ticker directly into your company's Notion or intranet page. Copy the code below and paste it into an embed block.
<iframe src="https://nichesolver.com/meeting-cost?embed=true" width="100%" height="400" frameborder="0"></iframe>
* Note: The embeddable version is a simplified view of the calculator for universal compatibility.
Case Studies: The True Cost of "Quick" Meetings
The "Quick Sync"
A 30-minute daily standup with 8 engineers (avg. rate $100/hr) costs the company $560. Every single day.
Weekly Cost: $2,800
The "Weekly Update"
A 1-hour all-hands meeting with 50 employees (avg. rate $60/hr) isn't just an hour. It's 4,200 minutes of lost productivity.
Meeting Cost: $4,200
The "Project Kickoff"
A 2-hour kickoff with 12 stakeholders (avg. rate $120/hr) seems important, but the meter runs fast. That's a $4,032 investment before any work begins.
Meeting Cost: $4,032