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Is It Worth the Cost? - Calculating the ROI of Training

PublisherTHINQ Learning Solutions
Format23.5KB PDFDate added09 Aug 2002
Topics Learning Management Systems, IT HR - Staffing - Training, ROI - TCO, Training
Downloads200

In the past corporations have viewed training as a necessary expense rather than an investment. Emphasis was on cutting the cost of this expense by making it more efficient. However, now corporations are beginning to view training as an investment. Knowledge and skills are now being viewed on equal basis with monetary assets. Increasingly training departments are being asked for hard data to prove the effectiveness of their programs. Obtaining an accurate measure of ROI is a powerful method for demonstrating the effectiveness of your training.

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