Training reduces employee turnover,
which saves money
Companies that spend $218 per employee on training have more than a 16 percent voluntary turnover, while companies that spend over $273 per employee have turnover of 7 percent annually.
— Workforce — September 2001

The cost to replace an employee who leaves is, conservatively, 30% of his annual salary. For those with skills in high demand, the cost can rise to as much as 1.5 times the annual salary.
— American Management Association

Training leads to higher profits
A study of 540 U.S. companies concluded that those who invested more in training realized a 37% higher gross profit per employee.
— ASTD — 1998

A portfolio of firms (across industries) selected because they invest an above-average amount on training returned an average of 45 percent more than the S&P 500 index annually in recent years.
— Do firms investments in education and training pay off? By Laurie Bassi and Dan McMurrer for ASTD and Saba. Unisys World — July 2001

E-learning increases efficiency
In one study, employees, on average, saw a 24 percent increase in efficiency as a result of training. And even those who get no time savings see a 17 percent gain in effectiveness.
— The Business Case for E-Learning — By Tom Kelly and Nader Nanjiani

E-learning saves money
It has been estimated that a company saves $2400 per week per student for e-learning rather than classroom training.
— The Business Case for E-Learning — By Tom Kelly and Nader Nanjiani

Even with a population as small as 100 and a class as short as one hour, e-learning was still more than 40 percent less expensive than instructor-led training ($9,500 vs. $17,062 or $76/learner). When large populations are modeled (40,000+), the cost advantage of online learning is even greater, with savings as high as 78 percent ($1.1 million vs. $5 million or $99/learner).
— Comparing Costs: eLearning vs Traditional — By Michele Webb

E-learning takes less time
GE Aircraft Engine used to fly their customers in to GE’s Cincinnati headquarters for a three day orientation course that cost GE $47 an hour in lost productivity per customer and $1,500 for each customer's travel and living expenses. Then GE implemented an online version of the orientation course for its customers and found that they were able to absorb the same amount of learning as in the onsite training and were able to do this in only three hours versus the three-day onsite course. So the company was able to reduce the amount of time employees spent away from their jobs and save money on travel costs.
— CIO Magazine — February 2001

A survey of the American Manufacturing Workforce resulted in the recommendation that employers invest at least three percent of payroll to provide training opportunities for current employees in order to build a high-performance workforce.
— 2005 Skills Gap Report — A Survey of the American Manufacturing Workforce, — Deloitte Consulting, LLC