Calculate Your Training ROI

Use this ROI calculator to estimate your company’s potential return with Interplay’s award-winning technical training platform, SkillMill. Estimate the ROI of reducing employee turnover, callbacks, training costs, and ramp time.

To get started, complete the general inputs below or talk to one of our experts.

How to Fill Out the ROI Calculator Like a Pro

Need more help? Read this walkthrough.

1

Tailor the Results

We’ve pre-populated answers for you based on our expertise, but please adjust these to customize the results.

2

Year 1 and Year 2

Many customers experience continued savings in the second year. You have the option to adjust your numbers for year 2.

3

Training Costs

You may pay additional training expenses such as travel for your technicians. Be sure to add these costs.

ROI Calculator

General Inputs ROI Questions Your Info Results

ROI Inputs

Reduction in Classroom Training Costs

Year 1

Year 2

Reduction in Classroom Training per Year

Cost Per Classroom Training per Technician

Revenue Lost Due to Classroom Training per Technician

Travel Costs for Classroom Training per Technician

Reduction in Callbacks

Year 1

Year 2

Reduction in Callbacks per Tech per Year

Cost per Callback

Improvement in Technician Retention

Year 1

Year 2

% Turnover Improvement with Interplay

Average Tech Yearly Salary

Cost to Replace Tech (as % of salary)

Improvement in Service Manager Retention

Year 1

Year 2

% Turnover Improvement with Interplay

Average Service Manager Yearly Salary

Cost to Replace Service Manager (as % of salary)

Ramp Time Improvement

Year 1

Year 2

Decrease in Ramp Time (number of weeks saved)

Average Revenue Contribution per Tech (daily)

Number of Techs Being Ramped

CONTINUE >

	Year 1	Year 2	Total
Reduction in In-House Classroom Training Costs	$	$	$
Reduction in Callbacks	$	$	$
Improved Technician Retention	$	$	$
Improved Service Manager Retention	$	$	$
Improved Ramp Time	$	$	$
Total	$	$	$

	Year 1	Year 2	Total
Reduction in In-House Classroom Training Costs	$	$	$
Reduction in Callbacks	$	$	$
Improved Technician Retention	$	$	$
Improved Service Manager Retention	$	$	$
Improved Ramp Time	$	$	$
Total	$	$	$

	Year 1	Year 2	Overall
ROI	x	x	x

	Total Cost	Total Value Created	Net Value Created
Per Learner over Two Years	$	$	$
Per location over Two Years	$	$	$
Two-Year Total	$	$	$
Annual Total	$	$	$

Get the eBook:

Boosting Your Bottom Line: Maximizing Training ROI

In this ebook, we explain why training ROI is essential for companies, discuss costs associated with inadequate training, suggest ways to track training ROI for your program and share inspiring examples of companies like yours that have achieved impressive business outcomes by investing in Interplay.

Transform Your Organization

Quality technical training is a crucial investment for skilled trades businesses. From onboarding and compliance to upskilling and cross-training, a well-designed training program can streamline your operations, boost profits and help your company achieve overall success.

Testimonials

International Training Institute Brings Innovative Digital Training to More Than 14,000 Building Trades Union Apprentices

“ITI is using Interplay Learning’s technology to attract a new generation of professionals, change the way the workforce thinks about hands-on training and make learning faster and more powerful. Virtual training gives students the ability to see things from a perspective they typically can’t and helps them understand. For example, when you look at an HVAC system with exposed ducts, you have no idea what’s going on inside. With VR, you can now see right inside!”

N.E.T.R Reduces Training Costs and Tech In-Field Errors with Simulation-based Learning Paths

“I saw one kid, early 20’s, go from nothing to something in 6 months. He went through the training, started as a Helper, and now he’s moving into the service department and he’s going to become a Service Technician. We all track what he’s doing in his training. You can see he’s a kid that wants to learn, he wants to advance and he wants to get to the next level. In 6 months, with Interplay’s training, he increased his pay by 25%.”

Lincoln Property Company deploys Interplay’s skilled trades training courses and custom Learning Paths to upskill, promote and retain their essential maintenance teams.

“Interplay’s courses have served as the critical infrastructure needed to overcome industry-wide retention challenges and is a huge win for our company, maintenance techs, as well as our residents. Our team members now have the tools to empower themselves to improve their careers, which greatly translates to enhanced resident experiences across our portfolio of properties as well,”

Build Your Business Case

If you need help maximizing your training investment or creating a business case for your company, we’re happy to help.

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Calculate Your Training ROI

How to Fill Out the ROI Calculator Like a Pro

1

Tailor the Results

2

Year 1 and Year 2

3

Training Costs

ROI Calculator

General Inputs

Company Specific

ROI Inputs

Your Info

ROI

Total Value Created - Per Location

Total Value Created - Per Learner

ROI

Value Created and ROI (over two years)

Get the eBook:

Boosting Your Bottom Line: Maximizing Training ROI

Transform Your Organization

Testimonials

Build Your Business Case

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