Is Web-Based Training Cost Effective?
Yes, in certain situations. If you are currently using a senior scientist to train your junior staff, you are probably spending at least $75 – 100/hour on senior staff time. If there is any additional preparation required (lecture, notes, slides, etc.), that time should also be factored into your training costs. For example, it can take 10 hours or more of preparation time to prepare one hour of quality lecture material. If you train in large groups, the cost per trainee goes down, but at the expense of flexibility in scheduling.
