TRAINING AND DEVELOPMENT

Group member
Muhammad Saad Bus-19f-046
Ismail Laghari Bus-19f-0
Training programs’ return on
investment in the Portuguese
railway company:
This study uses annual data from the Portuguese
railway company 2015 The institutional model for
railways in Portugal has complete separation
between the infrastructure and operations, we
have 327 program our objective for training are
Management, leadership, Technology improvement
.
the company had an average workforce of 2513 workers with
investment in their training at over 3400M€. The company has a
legal obligation to carry out an annual average of 35 hours of
training per employee. In that sense, the company has grown
the amount of training over the last few years (68,409.06 h in
year n − 1 to 88,412.5 h in year n)

We gathered firm-level data, and then analyzed the pre- and

post-training results. We isolated the training effect that led to
the calculation of the ROI. We used the Kirkpatrick method to
estimate the returns for unitary investments in training. The use
of these criteria varies depending on the training program’s
objectives
We were providing training 68,409.06 hour
to 2513 workers in a year.

68409.06/12 = 5700 hour per month

5700/2513 = 2.26 * 12 = 27.12 hour training

in provided to one employ in a year.
We are providing training 88,412.5 h
hour to 2513 workers in a year.

88,412.5/12 = 7367.70 hour per month

7367.70/2513 = 2.93 * 12 = 35 hour training in

provided to one employ in a year
Real TK in n − 1: 35,952M of TK
Real TK in n: 36,923M of TK
% Growth of production: + 2.7 per cent

35952 * 2.7% = 970.704 + 35,952 = 36,923

Real EBITDA n-1 -23,714M

Expected EBITDA will be calculated by last year real EBITDA 23714* 2.7% = 640

23714 – 640 = -23074

Real income n= 24,514M

Extraordinary income from the acquisition of the entire share capital of Lisbon
Intermodal Station, which included the acquisition of loans from the remaining former
shareholders: 26,929M€
Reduction of State Compensation: 6714M€
Workforce reduction: 9151M€

Estimated benefit calculation

24,514M € – 26,929M € + 6714M € + 9151M € = 13,450M €

ROI

Estimated benefits − Associated costs/

Associated costs

13,450M - 3400/3400
2.95%M result
Thank you