Question: Information on proposed training program: Cost of training program (from vendor): $100,000 Number of employees to be trained: 500 Estimated time to complete training: 4

Information on proposed training program:

  • Cost of training program (from vendor): $100,000
  • Number of employees to be trained: 500
  • Estimated time to complete training: 4 hours
  • Fully loaded labor rate for employees: $60/hour
  • Overhead rate applied to all training-related costs: 20%
  • Estimated dollar value of benefits from training per year: $250,000
  • Time period for benefits to be realized: 5 years

Calculate the following (assume no discounting of future cash flows):

Total costs (including overhead)

_____________????_____________

ROI (assuming 5 year window)

______________????____________

Please answer the total cost including overhead and the ROI of the 5 year window. (Will give thumbs up)

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