Home » Excel Templates » Human Resource » Training Spend Rate Calculator

Download Training Spend Rate Calculator Template In Excel

Human Resource

Training Spend Rate Calculator is a ready excel template to calculate percentage of Training cost spent against HR Costs and Operating Costs.

This template consists of predefine formulas. Just enter require data and template will automatically calculate Training Spend Rate for you.

What is Training Spend Rate?

Training Spend Rate is an HR metric used to calculate percentage of training cost spent against human capital costs as well as operating costs.

Usually, this metric is calculated annually against total human capital cost as well as total operating costs. It helps the management to know effectiveness of recruiting process and also helps to understand effect of training costs on operating costs.

Training Spend Rate Calculator Excel Template

We have create a simple and easy for Training Spend Rate Calculator Excel Template with predefine formulas. Moreover, This template calculates Training Spend Rate against HR Costs as well as Operating Costs.

So, with the help of this template, you can calculate the Training Spend Rate by directly entering the figures of respective heads.

In addition to this, you can also calculate Training Spend Rate with a detailed computation of Training Costs, HR Costs, and Operating Costs.

Therefore, This template can be helpful to HR professionals, HR assistants to get insights into the proportion of training costs spent over a specific period of time.

How To Use Training Spend Rate Calculator Excel Template

This template consists of 2 sections:

Training Spend Rate
Detailed Training Spend Rate

1. Training Spend Rate

Furthermore, In this section, just enter the following 3 details:

Training Costs
HR Costs
Operating Cost

So, Enter the following details and it will calculate TSR against the HR Costs as well as the Operating Cost.

2. Training Spend Rate (Detailed)

Moreover, This section consists of the computing of each head in detail.

There are 4 subsections:

A. Training Costs

Instructor Cost
Training Material Costs
Facility Costs (Rents)
Training Equipment
Traveling and Living Cost
Food Costs
Loss of Productivity of Trainees
Loss of Productivity of Administration Staff

B. Operating Costs

Rent
Repairs to building or equipment
Payroll
Travel cost
Pension contributions
Employee benefits such as health insurance
Accountancy and legal fees
Property tax
Utility costs
Office supplies
Advertising

C. HR Costs

Fixed Compensation
Variable Compensations
Benefits
Indirect Cost
Others

Thus, Enter amounts of expenses against respective head and it will provide you with final total. Additionally, it will calculate the TSR against HR and operating costs for you.

D. Summary

Training Spend Rate (HR)
Training Spend Rate (OE

Download this Training Spend Rate Calculator template in Excel Format

Our easy to use editable Excel templates and save your significant amount of time and effort. Here’s how to download and use one of our templates:

Download this free Excel Template: Once you’ve browsed through our collection of templates and find the one that best fits your needs. Once you’ve found the template you want, click on the download button.
Replace sample data with your actual data: Once the template is downloaded, open it in Excel. You’ll see that it is already set up with sample data. To start analyzing your own data, simply replace the sample data with your actual data.
Customize the template: Our templates are completely editable, which means you can customize them to fit your specific needs. For example, you can change the formatting, add or remove columns, or create new charts and graphs.
Use the Excel template: Once you’ve fed in your data and customized the template, you’re ready to start using it for data analysis. Use the various tools and features of Excel to analyze and visualize your data, and make informed business decisions.
Save and share: Once you’ve finished working on the template, save it to your computer and share it with other members of your team or stakeholders as needed.

Click Download Button To Get Training Spend Rate Calculator Excel Template

Instruction :

All Excel templates and tools are sole property of xlsxtemplates.com. User can only download and use the excel templates for their Personal use only. All templates provided by XLSX templates are free and no payment is asked. However, you are not allowed to distribute or share in any other website for sole purpose of generating revenue from it.

You can also download and use our 1000 Best PowerPoint Presentation Templates and 500 Resume Samples from PPTXTemplates.com Completely Free. All our templates are designed by Professionals

Training Spend Rate Calculator Template

Excel Template Category

Download Free Editable Excel Templates | Popular Templates

Task Order Billing Format

Task Order Billing Format Template: Your Key to Efficient Milestone-Based Invoicing In a landscape where project dynamics shift and evolve, billing clients based on project

Software Development Services Invoice

Software Development Services Invoice Format: Bridging the Gap Between Development and Billing In the intricate world of software development, attention to detail is paramount. This

Social Media Marketing Services Invoice

In the age of digitization, businesses are increasingly relying on social media to enhance their reach, engagement, and conversion rates. As a social media marketing

Simple UK VAT Invoice Template

For businesses in the UK, VAT (Value Added Tax) compliance is essential. One of the key components of this is issuing VAT-compliant invoices for all

Simple Tax Invoice

In the realm of business, clarity, precision, and simplicity can be the key to smooth transactions. A Simple Tax Invoice Template is designed to cater

Sample Material Supply Invoice

In various industries, the accurate and prompt delivery of materials is vital to maintaining uninterrupted operations. A Material Supply Invoice acts as both a request

Free editable professional Excel templates can be a useful tool for businesses, organizations, and individuals looking to streamline their data management and reporting processes. These templates can provide a pre-designed and pre-formatted framework for storing and organizing data, as well as for creating charts, graphs, and other visualizations to help communicate that data more effectively.

One advantage of using professional Excel templates is that they are often designed by experienced professionals who understand best practices for data management and visualization. This means that the templates are likely to be well-organized, easy to understand, and aesthetically pleasing, which can make working with them more efficient and enjoyable.

Another advantage is that these templates are often fully editable, allowing users to customize them to meet the specific needs of their organization or project. This can include adding or deleting rows and columns, changing the formatting and layout, and adding custom formulas and functions.

Some examples of professional Excel templates that may be available for free include budgeting templates for personal or business use, project management templates for tracking tasks and deadlines, and sales tracking templates for analyzing and forecasting sales data. There are also a wide variety of templates available for specific industries, such as real estate, marketing, human resource, Payroll management and among others.

Overall, free editable professional Excel templates can be a valuable resource for anyone looking to improve their data management and analysis skills. By providing a pre-designed and customizable framework for storing, organizing, and visualizing data, these templates can help users save time and make more informed decisions.

Popular Keywords

Categories

Download Training Spend Rate Calculator Template In Excel

What is Training Spend Rate?

Training Spend Rate Calculator Excel Template