Return on Investment Calculator

Company Investments in Industry Certifications and Workforce Partnerships

Of course, partnerships with a community college do require an investment. Most companies find the biggest costs are staff time to establish a partnership and manage candidate flows.

DIRECTIONS: Use the numbers and formulas provided to calculate business impact. Enter figures you expect for your company, or use the prepopulated numbers that other companies have reported spending.


Project Planning Activities

Typically, the company's initial investment in setting up workforce certification includes time spent by the line management, supervisors, and HR Manager to plan and implement the process.

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$


Project Management

In successful projects where certified workers are being prepared, the company identifies a point person to serve as manager of the project. This person will serve as the point of contact with the company for all aspects of the project.

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    /hr
  • X
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Workforce Supervision

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$


Miscellaneous Costs

Enter other costs you associate with this project, such as equipment donation, travel, or stipends/wages for interns.

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Total Implementation Cost

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