Human Factors International ROI Calculator — Reduced Costs on Formal Training Print
 
Example: Reduce training requirements by 40%.
Reduction in Training Needs: 40% Annual Salary (Trainee): 30,000 Improvement Cost: 100,000
Number of Target Users: 2,000 Annual Salary (Trainer): 40,000 Expected Project Life: 3 years
Duration of Training Hours: 20 hours Number of Classes: 100    
Annual Savings = ( (2,000 x (30,000/1,840*) x 20) + (100 x (40,000/1,840*) x 20) ) x 0.4 = 278,261
Total ROI = (278,261 x 3) - 100,000 = 734,783
* Work year = 230 work days / year; 8 hours workday = 1840 hours / year
Calculate Reduced Costs on Formal Training
Reduction in Training Needs: %
Number of Target Users:
Duration of Training: Hours
Annual Salary (Trainee):
Annual Salary (Trainer):
Number of Classes:
Days Per Year:
Work Hours Per Day:
Improvement Cost:
Expected Project Life: Year(s)
Annual Savings
Total ROI
 
Compare ROIs Scenario 1 Scenario 2 Scenario 3
Reduction in Training Needs: % % %
Number of Target Users:
Duration of Training: Hours Hours Hours
Annual Salary (Trainee):
Annual Salary (Trainer):
Number of Classes:
Days Per Year:
Work Hours Per Day:
Improvement Cost:
Expected Project Life: Year(s) Year(s) Year(s)
Annual Savings
Total ROI