Proving the ROI of Manufacturing Training Programs
Many companies put training off and relegate it to a small line item on the yearly budget. While equipment and technology are funded, training on how to use that equipment and additional skills are not.
But not investing in training can lead to diminished productivity and quality, and increase safety issues and concerns. Getting leadership buy-in is difficult, but can be made easier by proving the ROI of training programs.
Using your training program to educate your workforce on safety, compliance, communication, and more can help develop employees and lead to better and stronger outcomes.
In this ebook, you’ll learn key elements for proving the ROI of manufacturing training programs at your organization. You’ll also learn:
- How to tie L&D programs to your bottom line
- Formulas for calculating ROI regarding onboarding and productivity
- Best practices for implementing a training program that increases ROI for manufacturers