Employee Training Cost & LMS ROI Calculator

Employee Training Cost & LMS ROI Calculator

Estimate what training currently costs your organization and explore how changes in training administration, delivery, and participant time could affect the financial impact of implementing an LMS.

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Understanding the true cost of training can be difficult. Participant time, training administration, instructors, travel, facilities, and materials can all contribute to the overall expense. Enter a few details about your current training program to see where those costs come from and explore how an LMS could affect them.

Do you sell training to customers in addition to, or instead of, training your own employees or members? Try our Training Business Growth Calculator to explore how moving training online could affect your revenue, capacity, administrative workload, and delivery costs.


Your Estimated Current Training Costs

Start by entering information about how your organization currently delivers and manages training.

The approximate number of employees who complete training during a typical year.
Use an average hourly wage or estimated loaded labor cost for employees receiving training.
$
Estimate the total number of hours each employee spends completing training annually.
hours
Include time spent assigning training, scheduling, sending reminders, tracking completions, maintaining records, issuing certificates, and reporting.
hours
The estimated hourly labor cost of the employee or employees responsible for training administration.
$
Optional. Include outside instructors, purchased course content, licensing, or similar annual expenses.
$
Optional. Include travel, classroom or facility expenses, printed materials, supplies, and other costs associated with in-person training.
$
Optional. Enter other recurring training expenses that are not represented above.
$

Your Current Training Costs

Estimated Annual Training Cost
$0
Employee & Administration Hours
0 hours

Employee Training Labor
$0
Training Administration
$0
Direct Training Costs
$0
Admin Hours / Year
0 hours

Explore an LMS Scenario

Adjust the assumptions below to explore how potential efficiency improvements could affect your training costs.

Estimate how much administrative time could potentially be reduced through automated assignments, reminders, tracking, certificates, records, and reporting.
0% 40%
Estimate the portion of these expenses that could potentially be reduced if appropriate instructor-led or classroom training were delivered online.
0% 40%
Estimate time that could potentially be recovered through reduced travel, waiting, scheduling overhead, classroom transitions, or group pacing. This does not imply reducing required instructional content.
0% 10%

Estimated LMS Investment

Enter the estimated cost of the LMS you are considering. These values do not need to represent Axis LMS pricing.

Enter the expected recurring annual subscription or licensing cost.
$
Optional. Enter any one-time implementation, setup, onboarding, or migration cost.
$

Potential Financial Impact

Potential Annual Efficiency Savings
$0
Potential Time Recovered
0 hours
Ongoing Annual Net Impact
$0
Employee Time Savings $0
Administration Savings $0
Travel / Facility / Material Savings $0
Potential Annual Efficiency Savings $0
 
Annual LMS Cost $0
First-Year LMS Investment $0
First-Year Net Impact $0
Estimated First-Year ROI
Estimated Ongoing ROI
Estimated Payback Period
Enter an estimated annual LMS cost to calculate ROI and payback.
Want to see what these numbers could look like for your organization?

Request a free, no-obligation consultation with Axis LMS. We'll discuss your training needs, answer your questions, and help you determine whether an LMS makes sense for your organization.
Enter your name and email below. Company and phone number are optional.
About these estimates: Current training costs are calculated from the information you provide. Efficiency and ROI scenarios are hypothetical and are not guaranteed results from implementing an LMS. Actual results depend on your organization, training requirements, processes, LMS implementation, and the amount of training that can appropriately be automated or delivered online.
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