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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

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Click Download Button To Get Training Spend Rate Calculator Excel Template

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Training Spend Rate Calculator Template

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Download Training Spend Rate Calculator Template In Excel

What is Training Spend Rate?

Training Spend Rate Calculator Excel Template