Multiply the hour cost by the number of executives.
Multiply that number by the number of hours spent in meetings.

[(Annual cost / # hours) x # executives] x hours of meetings = Cost of meeting hour per executive

You quickly get a large number, a very significant cost of doing business.  A cost you can reduce with Sofi.

For example:  
Let’s say you have 10 executives who have of a total cost each of $400K (total cost is salary, insurance, all benefits etc.)

For this group to meet together, the total cost per hour is $2000.  Multiply this rate by the number hours spent in meetings.

$300K is $150 an hour,  $200K is $100 an hour per executive and so on.
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