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Training ROI Calculator

See whether training pays for itself: ROI, net return and benefit from the time people save and the errors they avoid afterwards.

  • Free
  • No sign-up to try
  • Works as you type

Training ROI

Training ROI

215.0%

Net return

$34,400

Benefit over the period

$50,400

Training cost

$16,000

  • Monthly benefit = people × hours saved × hourly cost + errors avoided × cost per error.
  • Benefit = monthly benefit × months counted.
  • ROI = (benefit − training cost) ÷ training cost × 100.

Free, no sign-up to try. Save it as a live calculator you can share; an estimate from the numbers you enter, not financial advice. Check the result against your own records before you rely on it.

See a worked example

How it works

How the Training ROI Calculator works

  1. 1

    Enter your numbers

    Every result updates as you type, with the formula shown under it.

  2. 2

    Check the method

    See how each number is worked out and what it assumes.

  3. 3

    Save it as a Room

    Share a live calculator: others can change the numbers and see the result update.

Worked example

What it makes

Example inputs

People trained
20
Training cost per person, including their time
$800
Hours each person saves per month afterwards
3 h
Hourly cost of their time
$45
Errors avoided per month, whole team
10
Cost of one error
$150
Months you count the benefit
12

Results

Training ROI
215.0%
Net return
$34,400
Benefit over the period
$50,400
Training cost
$16,000

How it's calculated

  • Monthly benefit = people × hours saved × hourly cost + errors avoided × cost per error.
  • Benefit = monthly benefit × months counted.
  • ROI = (benefit − training cost) ÷ training cost × 100.
  • Assumes: Hours saved and errors avoided are your own estimates: measure them before and after if you can.
  • Assumes: The benefit is the same every month; it does not fade or grow.

An estimate from the numbers you enter, not financial advice. Check the result against your own records before you rely on it.

Who it's for

Who uses it

  • L&D teams

    Make the case for a training budget with numbers.

  • Managers

    Decide between two courses on expected return.

  • Training providers

    Show a client the return using their figures.

Good to know

What to consider

  • Hours saved and errors avoided are estimates: measure them before and after the training if you can.
  • Benefits such as retention and morale are real but not counted here.

Questions

About the Training ROI Calculator

What should the training cost include?

The course or trainer fee, materials and travel, plus the time people spend in training at their hourly cost. Leaving out their time makes the return look better than it is.

Can I share the calculator with my team or a client?

Yes. The Room keeps the calculator live: anyone with the link can change the numbers and see the result update, with the method and assumptions on the same page.

Make your calculator now

Free, no sign-up to try. It becomes a Room you can edit, publish and share.

Create my calculator

Related

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  • ROI CalculatorWork out the return on an investment, as a net amount and a percentage, and share it as a calculator anyone can adjust.
  • Automation Time Savings CalculatorEstimate the hours and money you save by automating a repeated task, how many months the setup takes to pay back, and the first-year result.
  • Payback Period CalculatorFind how many months an investment takes to pay for itself from the monthly gain it brings, and where you stand after a period you choose.
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