Learning & development
Are you struggling to get budgets approved for training initiatives? The simple truth is that employers can’t afford not to invest in learning & development (L&D). But, how can you assess the impact on your people and demonstrate the value provided?
Assessment of learning
Fortunately, there is help at hand. Although the assessment of learning has traditionally been put into the ‘too hard’ basket, or has been hazy at best, there are in fact numerous proven ways to calculate the value of learning initiatives.
Calculating the value of L&D initiatives
This guide provides seven simple calculations to try, complete with examples and explanations of why these metrics are important, including:
- How many employees have successfully completed a learning course
- Whether employees retain and recall their training
- Understanding the time given / allowed for training
- The financial cost of learning initiatives
Download this handy cheat sheet for business leaders and use it as a useful resource to help calculate the value of learning initiatives.