Question
A training program will cost $125 per employee. It is estimated that approximately 25 employees will engage in this training. Since it is a sales
A training program will cost $125 per employee. It is estimated that approximately 25 employees will engage in this training. Since it is a sales training program, it is estimated that the sales will increase from $5,000 per month, per employee to $6,025 per month, per employee. Please compute the estimated ROI for this training program per employee, per month.
2. The sales training program in Question #1 was implemented, and the results were not as high as expected in the first full month following training. Training per employee still cost $125, but sales per employee only increased from $5,000 per employee to $5,500 per employee the first month. Please compute the actual ROI for this training program per employee, for the first month.
3. By adopting a new Human Resource Information System (HRIS), your department will be able to save $45,000 per year in administrative costs. The HRIS system will cost $75,000 for full adoption. Please compute:
a) ROI after 1 year
b) ROI after 2 years
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