Enter the total training budget ($) and the number of employees to be trained into the Training Cost Calculator. The calculator will evaluate and display the Training Cost. 

Training Cost Formula

The following formula is used to calculate the Training Cost. 

TC = TB / #E

  • Where TC is the Training Cost ($/employee)
  • TB is the total training budget ($) 
  • #E is the number of employees to be trained 

How to Calculate Training Cost?

The following example problems outline how to calculate Training Cost.

Example Problem #1:

  1. First, determine the total training budget ($). The total training budget ($) is given as 9000.
  2. Next, determine the number of employees to be trained. The number of employees to be trained is provided as 100.
  3. Finally, calculate the Training Cost using the equation above: 

TC = TB / #E

The values given above are inserted into the equation below:

TC = 9000 / 100 = 900 ($/employee)

Example Problem #2: 

The variables needed for this problem are provided below:

total training budget ($) = 7000

number of employees to be trained = 35

Entering these values and solving gives:

TC = TB / #E = 200 ($/employee)