Unit 8 Assignment: Return on Investment (ROI)

Unit 8 [HR410: Employee Training and Development] Unit 8 Assignment: Return on Investment (ROI)
In this Assignment, you will apply ROI to a specific organization’s training, you will use a cost-benefit
analysis as a means of determining whether or not an organization should implement a specific
training program, and you will identify a potential training program of value to the organization.
You will apply ROI to a specific organization. Training programs are expensive and the companies
want to know what to expect in terms of a ROI if the training is completed.
Select an organization that you are sufficiently positioned with to get the information you need
for this Assignment. It could be a company you have worked with or a nonprofit organization
with which you have had some experience. It will be more difficult to complete the Assignment
if you select an organization where you are an outsider, unable to gather the needed
information.
You will use a cost-benefit analysis as a means of determining whether or not an organization should
implement a specific training program. The cost-benefit analysis will indicate the potential value of the
training program under consideration.
You will also identify a potential training program of value to the organization. (This could be any type
of training: Employee orientation, safety, quality, customer service, operations, and sales. Take a look
at Figure 1.4 on page 43 for ideas on different types of training provided by companies.) Then,
complete a cost-benefit analysis. You will then make a recommendation to the organization on how to
proceed with this potential training program. Tables 6.11 and 6.12 provide an example of how to do
this.
Worksheet: Use the ROI Worksheet for this Assignment. This worksheet is also available in
Course Resources.
Assignment Requirements
Answers contain sufficient information to adequately answer the questions and contain no
spelling, grammar, or APA errors. Points deducted from grade for each writing, spelling, or
grammar error are at your instructor’s discretion.
Review the grading Rubric below before beginning this Assignment.
Directions for Submitting Your Assignment
Compose your Assignment in a Word document and save it as Username-HR410
AssignmentUnit#.doc (Example: TAllen-HR410 AssignmentUnit8.doc). Submit your file by selecting
the Unit 8: Assignment Dropbox by the end of Unit 8.
Unit 8 [HR410: Employee Training and Development] Unit 8 Assignment Grading Rubric Maximum
Points
Introduction Introduce the organization and the intent of the
paper.
2
Potential Training
Program
What potential training program will you assess? 2
Direct Costs
(If any — if not, explain
why)
Determine the direct costs. List the direct costs.
Line item, calculation, and dollar amount (Table
6.11)
4
Indirect Costs
(If any — if not, explain
why)
Determine the indirect costs.
List the indirect costs.
Line item, calculation, and dollar amount (Table
6.11)
4
Development Costs
(If any — if not, explain
why)
Determine the development costs. List the costs.
Line item, calculation, and dollar amount (Table
6.11)
4
Overhead Costs
(If any — if not, explain
why)
Determine the overhead costs. List the overhead
costs.
Line item, calculation, and dollar amount (Table
6.11)
4
Compensation for
Trainees (if any — if
not, explain why)
Determine trainee compensation. List the trainee
compensation costs. Line item, calculation, and
dollar amount. (Table 6.11)
4
Determine Benefits Determine the benefits. List the benefits.
Line item, calculation, and dollar amount. (Table
6.11)
4
Determine the ROI Show your ROI calculations. (Table 6.12) 6
Recommendation Does the ROI cost-benefit analysis indicate that
this potential program has value for this
organization? Explain.
4
Conclusion One paragraph summary of your main points. 2
Writing Use the ROI worksheet in Course Resources. 10
Total 50