If a Training Program Costs $2,000 Per Employee and the Benefit

question 8

True/False

If a training program costs $2,000 per employee and the benefit of the program is $5,000 per employee, then the ROI is 1.50, or 150 percent.

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Definitions:

Exceeded The Standard

Surpassing the established benchmarks or expectations set for performance or quality.

Desired Performance

The specific level of output or efficiency an organization aims to achieve through its employees or systems.

Actual Performance

The real, measurable outcomes or results achieved by an individual, team, or organization.

Engineering Approach

A systematic and analytical method to problem-solving and design, typically focusing on efficiency, functionality, and scalability.