It was estimated that the benefit of the training program to the organization would include a $15,000 improvement in employee productivity and a $30, 000 savings in turnover after one year. Training costs would include materials for the trainees of $3,000, refreshments ($1,000). The company trainer's salary is $60,000 per year and each of the 12 trainees in the workshop earn $68,000 per year. Employees typically work 2000 hours per year. Administrative support services are estimated at $3,500. The trainer estimates that the design, delivery and evaluation of the training program will take 40 hours.

Calculate the ROI of the training program to the company and make a reasonable interpretation of the ROI result.. Show all your work.