ROI of Training
Definition
The financial return on investment from training programs, calculated by comparing the monetary benefits of improved performance against the total cost of training development and delivery. Measuring training ROI demonstrates the business value of learning initiatives and justifies L&D investments.
Related Terms
More Measurement Terms
Kirkpatrick's Four Levels
A widely-used training evaluation model developed by Donald Kirkpatrick that measures training effec...
Learning Analytics
The collection, analysis, and reporting of data about learners and their learning contexts to unders...
Competency Assessment
A systematic evaluation process that measures an individual's knowledge, skills, and abilities again...
Training Needs Analysis (TNA)
A systematic process for identifying the gap between current and required performance levels and det...
Skills Gap Analysis
A strategic assessment that identifies discrepancies between the skills an organization currently po...
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