See what a meeting actually costs: attendees multiplied by their hourly rate and the time it takes.
Cost of this meeting$400
Total people-hours8.0
Cost per month$1,600
Cost per year$19,200
Making meetings worth their cost
A meeting's real price is the salary of everyone sitting in it. A one-hour meeting with eight people is a full working day of someone's time, and a recurring weekly meeting costs that same amount fifty times a year. Seeing the number usually changes the conversation about whether the meeting needs to exist.
Before booking, ask whether the meeting needs everyone invited, whether it could be half as long, and whether a written update would do the same job. Cutting the attendee list is usually the fastest saving, since cost scales directly with headcount.