Numbers Don’t Lie: Making the Case for Employee Development

Publisher: Executive Forum

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Numbers Don’t Lie: Making the Case for Employee Development

Identifying the skills gap and the training/coaching solution is sometimes far easier than getting budget to fix the issue. Additionally, using a basic ROI equation like ROI (%) = ((Monetary benefit – Training Cost)/Training Cost) x 100 is short-sighted. To help you make the case for professional development, here’s a sampling of the ways training pays off in the organization.