Question 1

How much does the average Australian meeting cost?

Accepted Answer

A one-hour meeting with 8 people on the Australian median full-time salary (~A$90K, ABS Employee Earnings Aug 2025) costs roughly A$370 in direct labour. At A$130K per person — typical for a mid-size tech team in Sydney or Melbourne — the same meeting costs about A$533. Multiply that by weekly recurrence and the annual figure easily runs into five figures per recurring meeting.

Question 2

How is the meeting cost calculated?

Accepted Answer

Each attendee's annual salary is converted to an hourly rate (salary ÷ 1,950 working hours per year for Australia), then multiplied by the number of attendees and the meeting length. For example: 6 people × A$51.28/hour × 1 hour = A$308. This is direct labour cost only; the true cost including preparation and context-switching is typically 2–3× higher.

Question 3

Why 1,950 hours a year?

Accepted Answer

Australian full-time workers average around 1,950 productive working hours per year once the 20-day statutory annual leave entitlement, ~10 public holidays, personal/carer's leave and typical training days are removed. US calculators commonly use 2,080 because US workers have far fewer statutory days off. Using the Australian figure gives a more honest per-hour salary cost for teams based here.

Question 4

How can I reduce meeting costs?

Accepted Answer

The highest-leverage moves are: only invite people who genuinely need to be there, default to 25 or 50 minutes instead of 30 or 60, require a written agenda before any meeting is booked, and move status updates to async (Loom, Slack, shared docs). Many Australian teams report saving 3–5 hours per person per week by trimming recurring meetings alone — substantial given time zones already pressure APAC collaboration windows.

Question 5

Is this tool free to use?

Accepted Answer

Yes — completely free, no sign-up, no account. TimeIsMoney.tools is supported by minimal, non-intrusive advertising. Nothing you enter leaves your browser.

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