What is the return on our investment in last years training


Question: As we review our people management practices, it's essential to evaluate the return on the money we spend. Last year we spent $1100 on training and development per employee. From our internal research, these expenditures were tied to an increase of 3.5% in employee productivity, with every 1% productivity gain resulting in a profit per employee increase of $650. What's the return on our investment in last year's training and development investments?

 

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