Learning Management ROI Calculator

Estimate the ROI of ELMO Learning Management using our simple, online calculator. Receive an estimate of the financial savings you could enjoy in a given year by utilising ELMO’s cloud-based Learning Management system.

How many employees are there in your organisation? *

Including casuals, contractors, full-time, part-time and volunteers, across all sites and locations.

What is your organisation's annual revenue? *

What is the average number of training courses each staff member attends per year? *

Based on the number of employees in our organisation as entered above, the estimated number of training courses that they would need is:

What is the average logistical cost of training a typical staff member (including any venue hire, facilitator and transportation costs), per year? *

Average = 2% of a person's salary ^[1]. For example, with an average salary of $85,000, this equates to $1,700 per year.

What is the average number of hours an employee spends in training per year? *

Average = 47.6 per year ^[2]

Matrix 1

Matrix 2

productivity training

course guide

E8=SUM(D9*D8)

E10=SUM(C10*D10*C6)

Logistic costs

Time saving

Productivity

Total Value of LMS

First Name *

Surname *

Email Address *

Phone Number *

Company Name *

Sources:

ABS: Employer Training Expenditure and Practices
Training Mag: 2017 Training Industry Report

Disclaimer:

ELMO Cloud HR & Payroll provides this ROI Calculator as a tool to help you explore the potential cost savings that your business could achieve when utilising ELMO Learning Management, so that you can determine whether to further consider ELMO Learning Management for your business. ELMO Learning Management ROI Calculator savings are indicative only and are based on a combination of market data as referenced, and your responses to the questions displayed. Actual savings may vary.