How to Run a Cost-Benefit Analysis for Employee Training
MARCH 21, 2019
One the one hand, there are some obvious costs associated with it. Knowing your objectives is the first step toward determining the costs and benefits behind a program. A training program that can be reduced from a month to two weeks, or from a week to a few days, without sacrificing the material or learning outcomes, can be a big cost saver. Reduction in costly mistakes. Factor in the costs of developing and running the program. Cost of upkeep.