This app was removed from the App Store.
TimeIsMoney - Meeting Cost Calculator
iOS iPhone Business
Have you ever sat in a meeting and wondered just how much it is costing with all these people sitting around listening so someone drone on about something you have no interest in? Yes, I'm sure you have. Now, how do you make people hurry up and stop people from wasting valuable time? Well, this App can help. All you have to do is specify how many are in the meeting and what the average hourly rate is for the people and then start the timer. Just watch those dollars, pounds, euros, etc mount up during the meeting. It is quite powerful visual aid to see that first 100 dollars, etc tick past and the meeting is only just started. Some people just cannot understand how much their waffling on is costing.
But you can use the App for other purposes. The first person I showed the App to went 'Oh, I can use it to time how much money my co-worker's cigarette break costs'. I had not though of that but Yes you can.
It is quick and easy to use.
Select the 'Setup' button and specify the number of people and the average hourly rate. Select 'Back' to return to the main page.
Select 'Start Timer' and the App starts to show the cost and time.
If you need to you can use 'Pause' to stop the timer. Press 'Pause' again to restart the timer.
Select 'Stop Timer' and that is it the final cost of the meeting is shown. Shocking how large a number it can be.
You can even quit the App do other things and as long as the timer was running when you quit then the time and costs will still be mounting up. So you may have to take a call or use another App just don't stop the timer before quitting the App, do whatever you need to do and start the App and the timer will still be running and the costs mounting up.
Updated for iOS6 and iPhone5.
Changed Pause button to say 'Restart' when timer paused.