Training ROI Report
Training ROI Report
Prepared by: [Your Name]
Company: [Your Company Name]
I. Objectives
The primary goal of the Sales Training Program was to improve the sales team's skills and increase overall sales performance by 20% within six months.
II. Costs
|
Cost Category |
Amount ($) |
|---|---|
|
Instructor Fees |
5,000 |
|
Training Materials |
2,000 |
|
Venue Rental |
1,000 |
|
Employee Time (50 hrs at $25/hr) |
1,250 |
Total Costs |
9,250 |
III. Benefits
|
Benefit Category |
Amount ($) |
|---|---|
|
Increased Revenue (20% increase on $500,000 sales) |
100,000 |
|
Cost Savings from Reduced Errors |
5,000 |
Total Benefits |
105,000 |
IV. Calculation Methodology
Using the ROI formula:
Substituting the values:
V. Results
The Sales Training Program yielded an ROI of 1033.33%, significantly exceeding the target performance goals.
VI. Recommendations
-
Continue investing in sales training to sustain high performance.
-
Explore additional training opportunities for other departments to replicate this success.
-
Regularly evaluate training programs for effectiveness and alignment with company goals.
