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As we review our people management practices, it's essential to evaluate the return on the money we spend. Last ye spent $1100 on training and development per employee. From our internal research, these expenditures were tied to increase of 3.3% in employee productivity, with every 1% productivity gain resulting in a profit per employee increase $650. What's the return on our investment in last year's training and development investments? Rich Rich Carter Board Member, Human Resources | Andrews Corporation 95.0%

As we review our people management practices, it's essential to evaluate the return on the money we spend. Last ye spent $1100 on training and development per employee. From our internal research, these expenditures were tied to increase of 3.3% in employee productivity, with every 1% productivity gain resulting in a profit per employee increase $650. What's the return on our investment in last year's training and development investments? Rich Rich Carter Board Member, Human Resources | Andrews Corporation 95.0%

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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As we review our people management practices, it's essential to evaluate the return on the money we spend. Last year we spent $1100 on training and development per employee. From our internal research, these expenditures were tied to an increase of 3.3% in employee productivity, with every 1% productivity gain resulting in a profit per employee increase of $650. What's the return on our investment in last year's training and development investments? Rich Rich Carter Board Member, Human Resources | Andrews Corporation 95.0% 21.4% 104.5% -40.9% Respond
Transcribed Image Text:As we review our people management practices, it's essential to evaluate the return on the money we spend. Last year we spent $1100 on training and development per employee. From our internal research, these expenditures were tied to an increase of 3.3% in employee productivity, with every 1% productivity gain resulting in a profit per employee increase of $650. What's the return on our investment in last year's training and development investments? Rich Rich Carter Board Member, Human Resources | Andrews Corporation 95.0% 21.4% 104.5% -40.9% Respond
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