Question: Develop a cost sheet for training class. Briefly discuss how you will determine if transfer of training is successful for YOUR TRAINING and how you

Develop a cost sheet for training class.

Briefly discuss how you will determine if transfer of training is successful for YOUR TRAINING and how you would measure ROI (return on investment). Minimum of 1page

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Develop a cost sheet for training class. Briefly
Develop a cost sheet for training class. Briefly
Effective training of employees is key when improving organizational performance. Nevertheless small organizations face challenges of employees training due to financial implications. The small business can achieved employee training through the use of cost effective training program. This can be attained by joining associations, associations offer training program to members though event planning, online or at seminars at a manageable member's fee. Secondly the organization business can find trainers within the organization who have good communication and interaction skills. This will reduce the amount that the business could have otherwise hired external trainers Third, the online training courses should be structured for workers and made accessible by employees. The online courses significantly reduces the training cost but improves the efficiency of the trainings. Cross-Train Employees in the Workplace is also important in cutting the organizational training cost and lastly introduce a mentorship program within the organization. This programs allows works who are stranded to inquire and get into the dynamic changes within the organization If the transfer is successful I will try to managed how much the cost of the training will be the most. First of all, I will calculate the direct cost which will include the Travel expenses and total direct of the trainer. Overall, the cost of the training will overall be $1200 at most First to measure the ROI. I will look at the percentage of the rejected, results before training and result after training. I will look at the quality of the panels, housekeeping and preventable accidents. I will measure the ROI by return divided by the investment and equal it to the benefit minus the costs divide by the costs. Effective training of employees is key when improving organizational performance. Nevertheless small organizations face challenges of employees training due to financial implications. The small business can achieved employee training through the use of cost effective training program. This can be attained by joining associations, associations offer training program to members though event planning, online or at seminars at a manageable member's fee. Secondly the organization business can find trainers within the organization who have good communication and interaction skills. This will reduce the amount that the business could have otherwise hired external trainers. Third, the online training courses should be structured for workers and made accessible by employees. The online courses significantly reduces the training cost but improves the efficiency of the trainings. Cross-Train Employees in the Workplace is also important in cutting the organizational training cost and lastly introduce a mentorship program within the organization. This programs allows works who are stranded to inquire and get into the dynamic changes within the organization If the transfer is successful I will try to managed how much the cost of the training will be the most. First of all, I will calculate the direct cost which will include the Travel expenses and total direct of the trainer. Overall, the cost of the training will overall be $1200 at most. First to measure the ROI, I will look at the percentage of the rejected results before training and result after training. I will look at the quality of the panels, housekeeping and preventable accidents. I will measure the ROI by retum divided by the investment and equal it to the benefit minus the costs divide by the costs

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