Training ROI

When you invest time and money in training your employees, you must ensure you are getting a return on that investment. We’ve broken our training ROI how-to articles, white papers, and case studies into two groups:

  1. Training ROI for any Industry
  2. Training ROI for Manufacturing Organizations

Click the link above to visit the section most applicable to your organization.

 


Training ROI for any Industry


Profiting From Learning: Do Firms’ Investments in Education and Training Pay Off?

The American Society for Training and Development (ASTD) collected training information from over 2500 firms. They found that companies that offer comprehensive training:

  • Have 218% higher income per employee than those with less comprehensive training,
  • Enjoy a 24% higher profit margin than those who spend less on training, and
  • Generate a 6% higher shareholder return.
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Quantifying the Benefits of Training

When training your supervisors and managers with The Leadership Journey, in addition to time savings, your organization will achieve productivity and performance improvements. This short article focuses on three key areas that will help you quantify the benefits of training.
Quantify Training Benefits

 

How to Determine Training Return on Investment (ROI)

This paper will show you how to calculate ROI with specific step-by-step examples that you can follow. It includes a case study from a client in the business services industry.

Learn to Calculate ROI

 

Training Returns of 30 to 7000 percent

The National Canter for Vocational Education Research found:

  • ROI from training investments are nearly always positive and can be very high.
  • Case studies of individual firms found that ROI varied between 30 and 7,000 percent.
  • That three criteria must be met to get high returns from training.
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Training ROI for Manufacturing Organizations


Profiting From Learning: Do Firms’ Investments in Education and Training Pay Off?

The American Society for Training and Development (ASTD) collected training information from over 2500 firms. They found that companies that offer comprehensive training:

  • Have 218% higher income per employee than those with less comprehensive training,
  • Enjoy a 24% higher profit margin than those who spend less on training, and
  • Generate a 6% higher shareholder return.
Read More

 

Quantifying the Benefits of Training

When training your supervisors and managers with The Leadership Journey, in addition to time savings, your organization will achieve productivity and performance improvements. This short article focuses on three key areas that will help you quantify the benefits of training.
Quantify Training Benefits

 

Leadership Training ROI – Key Data from 1000 Manufacturers

This table compares the effect of leadership training on manufacturing organizations’ key performance indicators. One thousand manufacturers were broken into two groups, those that had more than 20 hours of leadership training per supervisor or manager, and those with less than 20 hours. (When calculating training ROI in your manufacturing facility, the key performance indicators listed in this table will be very helpful.)

View the Results

 

How to Determine Training Return on Investment (ROI) in a Manufacturing Environment

This paper will show you how to calculate ROI in your manufacturing environment with specific step-by-step examples that you can follow. It includes a case study from a client in manufacturing that recently completed The Leadership Journey. Specific examples and figures are used.

Learn to Calculate ROI

 

Training Returns of 30 to 7000 percent

The National Canter for Vocational Education Research found:

  • ROI from training investments are nearly always positive and can be very high.
  • Case studies of individual firms found that ROI varied between 30 and 7,000 percent.
  • That three criteria must be met to get high returns from training.
Read More

 

Seven Facts about Supervisory Training in Manufacturing Organizations

This short summary contains seven key facts about training in a manufacturing organization. Facts like:

  • An MPI (Manufacturing Performance Institute) study of 1,000 manufacturing companies found that the median revenue per employee went up $31,000 when an effective supervisory leadership training program was part of their culture.
  • For Lean Manufacturing, Six Sigma, or new technologies to be successful the workforce must be engaged, and this requires effective leadership training.
See the Facts

 

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