|
Classroom Training
|
E-learning |
Employee Wages ($270/day)
(Time Away From Job)
|
$ 135,000
|
$ 67,500 |
Travel Costs
(25% of people traveling)
|
$ 37,500
|
$ ---------- |
Trainer Wages
(10 weeks + prep)
|
$ 55,000
|
$ ---------- |
Trainer Travel
(10 weeks) |
$ 25,000
|
$ ---------- |
Development Costs(custom training)
|
$ 160,000
|
$200,000 |
LMS Delivery & Tracking
(annual license)
|
$ ---------
|
$ 12,000 |
Totals
|
$ 412,500
|
$279,500 |
Savings
|
1st year
|
32% |
Subsequent Years
(25% update development costs)
|
|
$129,500 |
Savings
|
Subsequent years
|
68% |