The document discusses return on investment (ROI) for training and how to calculate it. It introduces ROI and how companies want to ensure money spent on training provides value through improved productivity, reduced waste, and better employee retention. More in-depth analysis of a training's effectiveness requires understanding its purpose and expected financial benefits. Factors that impact ROI include reaction, learning measurement, and addressing problems. The formula for calculating ROI is (monetary benefits from training - cost of training) / cost of training x 100.
The document discusses return on investment (ROI) for training and how to calculate it. It introduces ROI and how companies want to ensure money spent on training provides value through improved productivity, reduced waste, and better employee retention. More in-depth analysis of a training's effectiveness requires understanding its purpose and expected financial benefits. Factors that impact ROI include reaction, learning measurement, and addressing problems. The formula for calculating ROI is (monetary benefits from training - cost of training) / cost of training x 100.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
The document discusses return on investment (ROI) for training and how to calculate it. It introduces ROI and how companies want to ensure money spent on training provides value through improved productivity, reduced waste, and better employee retention. More in-depth analysis of a training's effectiveness requires understanding its purpose and expected financial benefits. Factors that impact ROI include reaction, learning measurement, and addressing problems. The formula for calculating ROI is (monetary benefits from training - cost of training) / cost of training x 100.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
Presenting by Sudharshan K M VVN IMTR Introduction
Every Company management wants to know
that the money they are spending on training is well spent. They want to know that they are getting a sufficient return on their training investment (ROI). Improvement factors include increased productivity, reduction of waste, and improved employee retention. What is ROI for Training?
More in depth analysis of the effectiveness of training in changing positively the participants’ ability to do their job and increase productivity, or reduce costs, requires more in depth understanding of the real business purposes of the training and the real financial benefits expected by the organisation. Factors in Return and Investment • Reaction and plan • Measuring Learning • Problem statement Formula • (Monetary benefits – cost of the training) / cost of the training x 100 Conclusion