Return on investment (ROI) for training
|Author||Dr. Abdulrahman M. Aljamouss Ph.D. in business administration|
|Price before discount||
|Number of pages||10|
Measuring the cost of professional training is straightforward and easy. However, companies that provide employee training must also measure training value—personal value trainees and business value to the firm. Measuring training value is also straightforward but more of a challenge.
Can You Measure Training ROI?
The value of professional training and its return on investment are notoriously difficult to measure. Many business people discover just how difficult when they receive an imperative such as this:
"Show management in believable terms that training has a good return on investment. Or, face a lower training budget!"