Evaluating ROTI (Return On Training Investment) (How? What? Why?)
“Bite-Size” workshops are three (3) hours long and designed to provide the maximum value in the minimum time.
Increase Profit Margins by 24 percent
The American Society for Training and Development (ASTD) collected training information from over 2500 firms. They found that companies that offer comprehensive training:
- Have 218% higher income per employee than those with less comprehensive training,
- Enjoy a 24% higher profit margin than those who spend less on training, and
- Generate a 6% higher shareholder return if the training expenditure per employee increases by $680.
http://www.businesstrainingexperts.com/preview/training_white_papers.htm
The extent that training can impact the behavior and outcomes of trainees can be measured through the following:
- Understanding how well the training was assimilated through the trainees’ reactions.
- Measuring the variety of knowledge in your trainees according to the defined training objective.
- Evaluating trainees’ behavior and the practical application observed after the training.
- Identifying how the results of employee performance are most closely linked to the training style and content.
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