Costs and Benefits of Training

Authors

• Narayana Rao

Published

Creative Commons Attribution 3.0 License

Version 2

Last edited: 04 Dec 2008

Exported: 26 Nov 2011

Original URL: http://knol.google.com/k/-/-/2utb2lsm2k7a/557

Costs

 

The main heads under which costs can be categorized are:

 

1. Establishment costs

2. Marginal costs of conducting training programs.

3. Interference costs

 

Benefits

 

Benfits are to be identified under categories:

 

1. Short term benefits

2. Medium term

3. Long term

4. Hidden

 

References

 

Pepper, Alan D., Managing the Training and Development Function, 2nd Ed, Gower, 1992.