What does your weekly status meeting cost?
A status meeting rarely shows up in a budget, but every attendee's hour has a price. Change the example numbers to match yours.
This meeting costs about £14,080 a year.
£306 each time it meets, and 368 hours of people’s time a year.
How this is worked out
- Cost of one person-hour
- £38.26 (salary plus employer costs, over 1,725 hours)
- One meeting
- £38.26 × 1 h × 8 people = £306.09
- A year
- £306.09 × 46 meetings = £14,080