Training ROI Calculator

Enter your information to see how much we can save your lab

Enter number of test systems *
Enter other allied lab processes (supply management, inventory, etc) *
Number of new hires or retraining performed annually *
Enter number of leaders/trainers performing training *
Weeks spent training a new employee *
Average hourly rate for leader/trainer *

Training management activities per test system	Current time spent on activity during training (hrs)/employee
Printing *
Scheduling and assigning *
Documentation *
Review and signoff *
Filing and retrieving *

Annual Training ROI Report

Lab Demographics			Manual (annually)	TPL (annually)	Time saved (annually)
Number for test systems		One-on-one training	hrs	hrs	hrs
Number for allied lab processes (supply management, inventory)		Program management	hrs	hrs	hrs
Average hourly wage per leader/trainer		Total	hrs	hrs	hrs
Number of new hires or retraining performed annually

Estimated Payroll Savings $$$:	Increased Efficiency %:	Hours Saved (hrs):