ROI Calculator

  • Updated

The Hone ROI Calculator is a tool that helps estimate the potential ROI of investing in a training program. The calculator takes into account a variety of factors to generate a projected ROI.

 

Calculator Inputs 

Note: All of the inputs are pre-filled with industry data as an example.

  1. # of employees being trained
  2. Cost per person of the training program 
  3. Average learner salary (assuming they contribute 100% of their salary)
  4. % improvement in productivity 
  5. Pre-training annual employee turnover
  6. % decrease in turnover as a result of training

 

Steps to Use the Calculator

1) Go to https://honehq.com/roi-calculator/ and click 'Create my ROI report'.

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2) Enter the number of learners being trained. 

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3) Enter the average cost per person being trained. 

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4) Enter the average learner's salary.

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5) Enter the percentage of improvement in productivity, pre-training turnover rate, and turnover decrease as a result of training. 

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6) Enter the cost of replacing an employee. 

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7) Submit your work email address to generate the report. 

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8) Receive your results, download them, and share them with your stakeholders! 

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Frequently Asked Questions

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