Return on your Investment, (ROI) Calculator
* training.com.au

Both international and national research indicates that the increase in labour productivity resulting from targeted training can yield a return on investment of more than 30 per cent.

Researchers use sophisticated statistical techniques to measure performance before and after the training in order to evaluate its impact.

Try this simple method of estimating the potential return on your training investment via the training.com 'Return on Investment' Calculator:

Return on Investment Calculator

Business Case Helper * training.com.au
Research shows that the two key factors in achieving a positive return on training investment are the focus and the quality of training. A return on investment is not dependent on the size of your business or the industry you are in.

In order to justify training costs for your business you should address the following questions:

• Is the proposed training in line with your business strategy?
• Compared to your competitors, are there any areas where you can improve performance through targeted training?
• Are your performance targets achievable?
• Is the implementation of training the best option?
• Are the costs of training worth it?
• How do you propose to measure the effectiveness of your training?

To assist you further identify the justification of training costs please visit:

Business Plan Helper

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