Investing in employee development has become a good tone for companies, and for some time it was enough to persuade the suits to launch a training program. Now, they’re asking many more questions. The most common: what is the payoff? In 2018, in the US only, total training expenditures amounted to $87.6 billion. It’s only fair that in return, company leaders want to know what value eLearning initiatives bring in terms of numbers.
In this blog post, we’ll introduce you to the ROI methodology and provide you with a detailed plan on how you can show training value to stakeholders.