Wednesday, April 3, 2013

How to measure ROI of English training in your organisation

An interesting study examined the methodology used to determine the return on investment (ROI) of an English as a Second Language (ESL) program in a multi-national biopharmaceutical company.
To achieve measurable results, two steps need to be implemented in each company:

1. Implement objective English language tests based on progress assessment.

2. Convert the results to monetary values. One of the methods is to calculate how much faster an employee executes their tasks with improved language skills.

While the monetary value may differ in every company, the first point can be applied universally using the standardized language skills assessment.  With Tracktest Corporate Module,  you can get an affordable English language assessment tool implemented in a few minutes.