How to Run a Cost-Benefit Analysis for Employee Training
MARCH 21, 2019
Well-run employee training programs are an investment. There are clearly a number of factors at play, and while many can be difficult to measure—let alone assign a strict dollar value to—a careful breakdown of your program’s purpose can help to clarify the picture. Why are you running a training program? Knowing your objectives is the first step toward determining the costs and benefits behind a program. Factor in the costs of developing and running the program.