BasisMedia e-Learning solutions and applications provide significant cost savings compared to traditional instructor-led training…
Do
the math...
Use our powerful e-Learning ROI calculator to determine your Return On
Investment. We have provided an example below that shows how a sample
organization drastically reduced the cost of training.
Review the example, enter your own numbers, and then click on the Calculate button. You can also use click on the Example button to auto-fill the fields with data from the example and then adjust the values to match yours.
Training Volume: ABC Corporation teaches 5 courses per year. Each course is taught 3 times a year for a total of 15 sessions per year. The average length of a session is 2 days. They also teach 500 students per year and each student attends an average 2 sessions per year.
Travel Costs: The average airfare and/or car costs per person is $400 and the average hotel and food cost is $200 per day per person. Plus, the average number of hours traveled per student to attend training is 16 hours.
Room and Material Costs: The average cost of a training room per session is $1500, with the average cost of duplication of training materials per student is $200 and postage per student is $35.
Other Considerations: You can also determine sales training costs per division or product by entering the division or product annual revenue.
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