The methodology of evaluation return of investments in the training programs
( Pp. 330-333)

The article is focused on the multilevel system of training programs evaluation. Special emphasis is on the return investments analysis, as this indicator provides to define cost-efficiency. Training programs becomes increasingly important for companies in conditions of the strong competition and difficult economic situation. Materials and methods: In this article scientific literature and studies about training programs thematic has been analyzed and systematized. The empiric basis is presented by Donald Kirkpatrick, Jack Phillips, George T. Meek research. Conclusion: The author has described the multilevel system of training programs evaluation. The four phases which are included in analysis of return of investments is fully developed. The procedure for each phases is also described. The formula of ROI calculation was proposed. Results: The results of investigation have practical significance for companies which plan to implement the training programs. Based on described system top-managers and HR specialists have possibility to work out the internal system of programs results evaluation.

Chernikov A.., (2013), THE METHODOLOGY OF EVALUATION RETURN OF INVESTMENTS IN THE TRAINING PROGRAMS. Business in Law, 6 => 330-333.

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Klarin M.V. Korporativnyy trening ot A do YA M.: Delo, 2002. 159 s.
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Phillips, J. Phillips, P. Show Me the Money: How to Determine ROI in People, Projects and Programs San Francisco: Berrett-Koehler Publishers Inc., 2007. 269 p.
Phillips, J., Phillips, P., Stone, R., Burkett, H. The ROI Field Book: Strategies for Implementing ROI in HR and Training, Massachusetts: Butterworth-Heinemann/Elsevier, 2007. 416 p.
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PMI Today, Supplement to PM Network / PMI Fact File, July, 2008, 10 p. 10

educational programs, ROI, ROI evaluation, personnel management, the organization.