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.
- # of employees being trained
- Cost per person of the training program
- Average learner salary (assuming they contribute 100% of their salary)
- % improvement in productivity
- Pre-training annual employee turnover
- % 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'.
2) Enter the number of learners being trained.
3) Enter the average cost per person being trained.
4) Enter the average learner's salary.
5) Enter the percentage of improvement in productivity, pre-training turnover rate, and turnover decrease as a result of training.
6) Enter the cost of replacing an employee.
7) Submit your work email address to generate the report.
8) Receive your results, download them, and share them with your stakeholders!
Frequently Asked Questions
- Click on this link for our frequently asked questions about Hone ROI Calculator.
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