What is the return on investment for online training?
An example of an AI chatbot conversation about ROI for online training programs.
What is the return on investment for online training?
The return on investment (ROI) for online training can vary, but it generally measures the benefits gained from training against the costs incurred.
How do I calculate the ROI for my online training program?
To calculate ROI, use the formula: ROI = (Net Benefits / Costs) x 100. Net benefits are the gains from training minus the costs.
What factors should I consider when evaluating ROI?
Consider factors like employee performance improvement, productivity gains, reduced turnover, and overall business impact.
Can you give me an example of a successful online training ROI?
Sure! A company that invested $10,000 in training saw a $50,000 increase in productivity, resulting in an ROI of 400%.
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