Program Information
Years of apprenticeship
1
Apprentices per year
1
Cost per Worker
Variables
Without Apprenticeship
Apprenticeship Program
Value
Assumption
Total
Value
Assumption
Total
Wages
$64,300.00
100%
$64,300.00
$64,300.00
57%
$36,651.00
Benefits & Taxes
$64,300.00
22%
$14,146.00
$36,651.00
22%
$8,063.22
Tuition or Related Training
$0.00
100%
$0.00
$4,000.00
100%
$4,000.00
Mentor Time
$7,000.00
4%
$280.00
$37,200.00
19%
$7,068.00
Recruitment
$4,000.00
100%
$4,000.00
$700.00
100%
$700.00
GoSprout Basic Plan
$4,000.00
100%
$4,000.00
$700.00
100%
$700.00
Total Costs
$0.00
$0.00
Benefits per Worker
Variables
Without Apprenticeship
Apprenticeship Program
Value
Assumption
Total
Value
Assumption
Total
Employee Output
$78,400.00
410%
$321,440.00
$78,400.00
310%
$243,040.00
Increased Retention
$0.00
100%
$0.00
$4,000.00
11%
$440.00
Total Costs
$0.00
$0.00
Return on Investment
ROI
Without Apprenticeship
Apprenticeship Program
Total Benefits
$0.00
$0.00
Total Costs
$0.00
$0.00
Net Cost-Benefit
$0.00
$0.00
ROI
NaN%
NaN%