Whitepaper: Measuring Training Effectiveness
About the Whitepaper
Training employees are beneficial in many ways as it results in improved skills and productivity, greater retention, and an even better employer brand. While the quality or effectiveness of the training can be understood easily, quantifying the same value is not. This calls for a standard of measurement.
With the U.S. corporate spending on employee education continuing to grow by 15 percent per year to more than $70 billion, businesses need reliable metrics and methods to measure their training ROI. Converting training results into dollar values helps to make necessary adjustments in course spending, evaluate training vendors you may use, and also build a credible business case for future learning and development funding.
This whitepaper explains:
- The proven methods of measuring training effectiveness
- The challenges of measuring training effectiveness
- Specific metrics for planning, monitoring, and reporting on the tangible and intangible results of training programs
These measurement tips will reduce wasted learning and ensure your employees can apply what they learn to their job.