Calculate total training cost per employee including direct costs (course fees, materials, trainers) and indirect costs (employee time at salary rate, productivity loss, travel). Industry benchmark: SHRM reports average US training spend of $1,300/employee/year.
Enter the values for the scenario you are assessing. Calculate total training cost per employee including direct costs (course fees, materials, trainers) and indirect costs (employee time at salary rate, productivity loss, travel). Industry benchmark: SHRM reports average US training spend of $1,300/employee/year. Use the training cost result to inform your calculation.