People & employment
Training investment and payback Calculator
Estimate the cost and potential productivity return of workforce training. This free training investment and payback calculator shows the calculation and its assumptions so you can compare your own figures.
Your results
Estimate the cost and potential productivity return of workforce training.
Calculated outcomes
- Net Training Benefit
- €24,240.00
- Training Return Percent
- 206.12%
Assumptions and estimates
- Undiscounted benefit estimate. Saved hours have cash value only if redeployed or costs are reduced; extra contribution must exclude the value of hours already counted.
- Method: Investment includes course fees and paid training time. Benefits combine saved-hour value and separately entered extra contribution.
- Saved hours have cash value only when redeployed or costs decrease. Avoid counting the same benefit as both saved time and extra contribution.
Useful next steps
- Check the payback period against how long you will keep the vehicle.
- Use Compare options to test an alternative side by side.
- Copy, print or download a record of this calculation when you need one.
Reports open your email app addressed to s@s1.ie with the public page address only. Your inputs are never added.
How the training investment and payback calculation works
Investment includes course fees and paid training time. Benefits combine saved-hour value and separately entered extra contribution.
Saved hours have cash value only when redeployed or costs decrease. Avoid counting the same benefit as both saved time and extra contribution.
Using this calculator
- Enter your own figures in the labelled inputs. Keep the currencies, units and time periods consistent.
- Choose any applicable rate profile, pattern or assumption shown for this tool. Open additional inputs when relevant.
- Review training investment and annual training benefit and training payback years, then read the stated assumptions and eligibility conditions before using the result.
Worked example
This is a static example using illustrative inputs, not facts about you or today’s date. The displayed eligibility selections and assumptions apply only to this example.
See example inputs
- Participants
- 12
- Course fee per person (€)
- 500
- Paid training hours per person
- 16
- Loaded hourly employment cost (€)
- 30
- Annual hours saved per person
- 40
- Other annual extra contribution per person (€)
- 300
- Benefit horizon (years)
- 2
- Training Investment
- €11,760.00
- Annual Training Benefit
- €18,000.00
- Training Payback Years
- 0.6533