An analytic method for the economic effectiveness of personnel training

• Rainer Aaltonen Tampereen yliopisto

DOI: https://doi.org/10.33336/aik.96642

Abstract

Personnel training is now becoming an essential part of the coping strategy of leading enterprises. With growing investments in training, the need for evaluation of the returns and effectiveness is also increasing. This article presents a method of carrying out a utility analysis which can be used to estimate and evaluate economic usefulness. The article ends by discussing some methodological problems associated with evaluation.