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OPTIMIZED ONBOARDING


ROI CALCULATOR

Let's face it: your onboarding isn't a perfectly optimized process. Almost no-one's is. So you have learned to tolerate it. Problem is, that the cost associated with ineffective onboarding is huge. Bigger than you think. So let's calculate it. It will take 5 minutes or 15 minutes if you wan't to do it really diligently.

Average salary of your most common positions
Salaries vary, let's think of the most numerous group and put an average annual salary
  / monthly
How many people you hire for those positions yearly
Combined figure for your most common roles, planned for the next 12 months
Combined savings on improved onboarding
Wow! that's a lot! How have we calculated it? Please fill free to input your own figures into the editable yellow fields and calculate you potential savings! (i.e. unnecessary loss that you are incurring now)

Do you want to dig deeper to see the whole picture?

1. Time-to-Performance
Your new hires will be learning on the job when they arrive. It will take time for them to contribute the value you've invested in them.
First month efficiency
Second month efficiency
Third month efficiency
You pay them for first 3 months
 
You get from them
 
Estimated improvement level
If we put effort, streamlined the process and transfer most of it to an engaging online training format - by how much we can improve the current situation?
Savings from improved Time-to-Performance
 
 
Per 1 employee
Yearly hire quota
Yearly
Loss on 1 employee
Loss after optimization
Gain
2. Damage, errors
Savings
Est. improvement
How much damage does a new hire do on average through error?
How much damage does a new hire do on average through error?
3. Downtime, scrap events
Savings
Est. improvement
How many events caused by new hires happen per year?
How much one event cost?
How many events caused by new hires happen per year?
4. Training travel costs
Savings
Est. improvement
Cost of one group trip
trips yearly
Expenses on external trainers coming to your fab, and your employees travelling for training
5. Time of mentors
Savings
Est. improvement
Hourly Mentors rate
Hours weekly dedicated to mentoring
How many mentors
This is how much you will save on your mentors spending less time helping new hires
6. Time of HR
Savings
Est. improvement
Hourly salary
Hours weekly dedicated to training
How many HR personnel involved
Hours per week your HR team members spend on onboarding?
7. Cost of service contracts
Savings
Est. improvement
Yearly spending
If your documentation is lacking and your internal mentors too busy, you have to pay for service contracts. How much do you spend every year?
8. Cost of external trainers
Savings
Est. improvement
Yearly spending
If your documentation is lacking and your internal mentors too busy, you bring in external trainers. How much do you spend every year?
9. Overtime cost
Savings
Est. improvement
Current per month
How much overtime you have to pay people because of vacancy, undertrained staff, and mentors helping them or troubleshooting?
10. Attrition / turnover cost
Savings
Est. improvement
Current attrition rate
Rehire and retrain cost
Cost
What percentage of new hires leave within first 3-6 months?
Combined savings on improved onboarding
  • Savings on Time-to-performance improvement
  • Attrition / turnover cost
  • Damage, errors
  • Downtime, scrap events
  • Training travel costs
  • Time of mentors
  • Time of HR
  • Cost of service contracts
  • Cost of external trainers
  • Overtime cost savings
  •    

Fill the form and download your copy of the calculator in editable MS Excel

Microlearning created from your valuable content

Microlearning development assignments based on your valuable content are a key part of our offering. Short, focused training modules are easy to digest, enabling employees to learn new skills quickly. This makes the learning process more efficient and tailored to a dynamic work environment. This increases employee engagement and motivation for continuous improvement.

Motivation mechanics


The platform offers advanced analytical tools to accurately monitor employee progress. Managers can generate detailed reports on training effectiveness, identify areas for improvement and customize training programs. Full analytics enable informed decision-making and continuous improvement of training processes.

READY FOR THE NEXT LEVEL OF ONBOARDING?

If you want to learn more about our e-learning platform and see how we can revolutionize your company's training process, we are here to help. We're ready to answer all your questions and customize our solutions to meet your needs. Contact us today and discover how we can achieve success together!

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