A Better Metric for the Value of a Worker Training Program
FEBRUARY 14, 2017
Yet workplace training is more necessary than ever, as technology and globalization continue to change the types of jobs that are available. We need to adopt something similar to a “total cost of ownership” (TCO) analysis. Now common in industry, TCO considers both direct and indirect costs over time. At Generation, the CPED figure varies depending on the market, ranging from about $5 in India to $26 in the United States.