:: CE Solutions Cost Benefit Calculator ::

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CE Solutions' Cost-Benefit Analysis Calculator

How many members participate in your training program?
Including makeup sessions, how many training classes do you hold per year?
On average, how many members attend each training class?
On average, how many members attending while on shift are out of their district?
What is the average hourly pay of the employee being trained?
What is the average hourly pay for the instructor?
On average, how much do you spend or reimburse employees for meals or fuel on each training class?
Please indicate how many members attending each class are on straight time, over-time or volunteering. The total should equal 100%.
Of the people attending each class what percentage is on straight time?
Of the people attending each class what percentage is on over-time?
Of the people attending the class what percentage are not being paid to attend?
0%

Cost Benefit Analysis or CBA is a relatively simple and widely used technique for deciding whether or not to make a change. As its name suggests, to use the technique simply add up the value of the benefits of a course of action, and subtract the costs associated with it.

In its simple form, cost-benefit analysis is carried out using only financial costs and financial benefits. For example, a simple cost/benefit analysis of switching to an internet based continuing education system or enhancing your in-house program with a distributed learning program measures the costs you are currently experiencing against the savings you would incur by switching.

This cost benefit analysis is an estimated savings your department would expect to achieve by switching to CE Solutions. Please keep in mind that this is an estimated cost benefit analysis based upon many factors and your individual's department savings may be greater or less.