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Pre-Training ROI Forecasting Model | |
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Determine Training Cost | Consider these costs: materials, instructor, training facility, equipment, travel/lodging/meals, number of students and time away from the job. |
Identify & Calculate Cost Metrics Impacted by Workforce | Metrics include the cost of downtime, vendor support, overtime, waste, maintenance, etc. Use the on this web site to choose metrics for measuring the impact of training on your business. |
Estimate Percent Improvement as a Result of Training | Industry standard for estimated annualimpact from training is 8 – 13%. |
Calculate the Return on Investment | Calculate the forecasted ROI using the total projected savings and costs. ROI% = ((Net Savings-Cost)/Cost) x 100. Refer to the ROI Tool for details about this calculation. |
Forecast Any Intangible Benefits of Training | Results that are hard to measure and not easily converted to monetary value. Examples include, improved teamwork, reduced complaints or conflicts, improved communication, increased job satisfaction, increased confidence, etc. |
Más información sobre este producto consulte en: http://www.rockwellautomation.com/rockwellautomation/services/training/resources/roi-tools.page