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Download Training Spend Rate Calculator Excel Template

Download Training Spend Rate Calculator Excel Template

Use this Online Training Spend Rate Calculator to get the desired metric in just a few clicks or download a free template in Excel.

Training Spend Rate Calculator
Training Spend Rate against HR Costs
Total Amount Spent on Training
Total Amount Spent on Human Capital
Training Spend Rate against HR Costs :%
Training Spend Rate against Operating Costs
Total Amount Spent on Training
Total Amount spent on Operating Costs
Training Spend Rate against Operating Costs :%

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

This template consists of predefined formulas. Just enter the required data and the template will automatically calculate the Training Spend Rate for you.

What is Training Spend Rate?

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

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

Formula To Calculate Training Spend Rate against HR Costs

Training Spend Rate Calculator

Formula To Calculate Training Spend Rate against Operating Costs

Training Spend Rate Calculator

Training Spend Rate Calculator Excel Template

We have created a simple and easy for Training Spend Rate Calculator Excel Template with predefined formulas. This template calculates Training Spend Rate against the HR Costs as well as the Operating Costs.

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

Training Spend Rate Calculator

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

Click here to download the Training Spend Rate Calculator Excel Template.

Click here to Download All HR Metrics Excel Templates for ₹299.

You can download other useful HR Metrics Templates like Benefits Spend Rate Calculator, Base Salary Increase Rate Calculator, Total Compensation Spend Rate Calculator, Annual Benefit Spend Change Report, and many more from our website.

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:

  1. Training Spend Rate
  2. Detailed Training Spend Rate

1. Training Spend Rate

In this section, just enter the following 3 details:

Training Costs
HR Costs
Operating Costs

Training Spend Rate Calculator

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

2. Training Spend Rate (Detailed)

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

Training Spend Rate Calculator

There are 4 subsections:

A. Training Costs

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

B. Operating Costs

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

C. HR Costs

Fixed Compensations
Variable Compensations
Benefits
Indirect Costs
Others

Enter amounts of expenses against the respective head and it will provide you with the 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)

In addition to the above, you can also download Excel templates in other categories like HR and Payroll, Financial Analysis, Financial Statements, etc

We thank our readers for liking, sharing, and following us on different social media platforms.

If you have any queries or suggestions please share in the comment section below. I will be more than happy to assist you.

« Download EBIT Per FTE Calculator Excel Template
Download Average Training Hours Calculator Excel Template »

Filed Under: HR Metrics Templates

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About Shabbir Bhimani

I have worked in Excel and like to share functional excel templates at ExcelDataPro.

Comments

  1. Abraham Ramírez Soto says

    October 23, 2018 at 7:35 pm

    Porqué no traudcido al español?? sería más fácil su comprensión y ejecución

    Reply
    • Fahim Lashkaria says

      October 24, 2018 at 8:12 am

      Querido Abraham, he notado esto. Incluiremos la opción de traducción en nuestros artículos para que sea fácil de entender.

      Reply

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