Instructor Led Vs. Computer Based Training Cost Comparison
You and your company can experience the revolutionary and flexible alternative to the high cost and low yield training programs being offered in the marketplace. Studies prove that companies, who invest in their employees by incorporating effective training programs, increase their profits, improve quality, enhance productivity and reduce turnover by extending the productive life cycle of their employees. Progressive companies are transitioning from instructor led training to PRACTIUM's Interactive Training Solutions. If you want to enhance your organizational learning curve and reduce your IT Certification or End User training costs by as much as 40-70%, you should seriously consider our high yield training solutions. We have over 120,000 satisfied customers whose world has been enhanced through our training programs.
Professionals love it because it's self-paced, interactive, challenging, fun, and they learn when they need and want to learn.
Human Resource Managers love it because it attracts higher quality candidates, improves the hiring process, increases employee morale, and maximizes employee retention.
Department Managers love it because it offers them a virtual learning environment. Employees can learn on the job, before starting work, lunch time, or after hours. Employees and management have immediate access to deliver progressive training programs to cross train all their employees and improve quality and production output.
General Managers love it because it helps the workforce produce greater results while incorporating cost containment strategies. A cost-effective investment to promote a continuous learning environment that enables employees to do things faster, better and more at a reduced cost.
Presidents love it because it their impacts profit performance. Our Computer Based Training (CBT) programs are 40-70% less when compared to instructor led training courses and other training programs in the market while eliminating the liability associated with external training.
Return On Investment Analysis – Comparison
End User Application Training
|
Factor |
Instructor Led |
Computer Based Training |
|
Average Cost Per Session |
$150.00 |
$69 |
|
Cost Savings per Session |
Expense Overage |
$81 savings (54% reduction) |
|
Average Instruction Time |
3 Hrs. (charged for 8) |
5-8 Hours |
|
Travel Expense |
.31 cents + meals |
None / Portable / In-House |
|
Training Expense @ $18 per hr. x 8 |
$144.00 |
Train during off hours |
|
Challenge Reviews for Retention |
None/ Book Review |
After each Training Module |
|
Assessment on Learned Skills |
None |
Pre and Post Test /Mgnt.Reports |
|
On Line Help |
None |
Lifesaver - On line Tutor |
|
Avg. Retention of Material Learned |
15% |
80% |
|
Impact on Operations |
Major Interruption |
Minimal to none - Virtual Training |
|
Certificate of "Completion" |
Yes |
Yes / Optional |
|
Customized "Certification" Standards |
No |
Yes - Tailored to your company |
|
Off Premise Liability Factor |
Major Risk |
None- In House |
|
Cost Per Training Course |
$294.00 |
$69.00 |
|
Average Savings with our CBT |
$225.00 |
