9 Important Training KPIs You Should be Tracking (2024)

9 Important Training KPIs You Should be Tracking (1)

KPI stands for key performance indicator(s). KPIs are numerical ways to track the progress of a business as it strives to reach different business goals. KPIs have to be something you can count and measure objectively so that you can track progress.

A business as a whole may have its own set of KPIs. In addition, each site or department may also have its own KPIs. And so it stands to reason that the training department might/could/should have its own KPIs too. We’re going to look at a few of those in this article.

There are many different kinds of KPIs to track for a training program. Some focus on things that are directly related to training–like how many workers are complete or how many are overdue. Others focus on how the training program is affecting business results–like a comparison of profits or production or quality before and after a training program began.

In this article, we’re going to focus on those KPIs that are directly related to your training program, and in particular KPIs you can track using a learning management system (LMS). In future articles, we’ll look at some of those KPIs related to business results. If you’re not familiar with what an LMS is, the short video below will make it more obvious.

Having a learning management system (LMS) can make it very easy to track these training KPIs because they automatically capture training data and make it easy to generate reports. The same KPIs might be very hard to track accurately if you have training records in multiple spreadsheets, paper-based documents, and/or various computer systems.

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Training KPIs to Track

Let’s look at a few of the KPIs you can track with an LMS to keep tabs of your training program and the training progress of the employees at your worksite.

Activity Pass/Fail Rate

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There are many reasons why you might want to see how many people are passing or failing an activity (such as a quiz).

For example, running this report over time, perhaps on a monthly or quarterly basis, will help you identify aberrations. If it’s typical that 80% of employees pass a specific test, and one month that suddenly drops to 40%, this may signal that something’s awry and you should investigate further. The sample report below illustrates this scenario.

In addition, you could run this report to show you pass/fail results on a compliance quiz at 12 different sites. This would let you identify sites where workers are passing at a high rate (and seemingly getting good training) and sites where workers are failing at a higher rate (and, perhaps, getting poorer training). You could then talk to the training manager at the sites with the poorer performances to begin to evaluate what’s going on.

Finally, you might want to run this report after creating a new quiz. This will help you evaluate if the quiz is too hard or too easy. If this quiz is too hard, the percentage of people who pass it will be too low. If this quiz is too easy, the percentage of people who pass it will be too high.

Average Test Score

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You could run this report to see the average test score for any number of reasons.

For example, maybe you’ve implemented a new change in your training program. Tracking test scores over time would allow you to see if the change has had a positive or negative effect.

In addition, if you run this report over time, and there’s suddenly an unexpected variation in average test scores, this may reflect a change out in the field. Maybe a new supervisor is sending a different message to workers when they’re on the job, or maybe a new production process that no longer matches your test has been put into place.

Training Completion Percentage Rate

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You might run a report to track completion of training every so often to make sure the training program isn’t being abandoned. If you run a seasonal business, such as construction or agriculture, you might expect training completion to dip at a certain time of year (summer for construction, fall for agriculture), but you’d expect to see those numbers pick up again after the busy season.

Another reason to run this report is related to compliance. For mandatory, compliance-based training, you’d expect the completion rate to be 100% every quarter. You can run this test a few weeks before the end of the quarter and, if the completion rate is less than 100%, alert department managers so they can make sure employees finish their required training on time.

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Overview Training Assignment Rate
Another handy thing you can report on is which employees have completed an assignment before the due date and which have not (and are therefore overdue). You can run a report to see if an individual worker is complete or overdue for an activity, if a selection of workers are complete or overdue, or just run a report to identify all workers in overdue status.–>

Job Role Competency Rate

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You can run a job role competency rate report to track the training progress of people in a given team or department. This is a great way to track their progress as they develop their job skills. It’s also a good way to identify people who are fully competent on a job role if your facility cross-trains people on multiple job roles and you need to identify a worker you can transfer to a different position to cover for someone who’s absent.

Departmental Job Competence Rate

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You can run this report to see the percentage of people in one or more department who are fully competent in their job role. Run it for one department to see if everyone in that department is competent, or run it for multiple departments to compare the competency rate across departments (this can help you identify departments that are more engaged in their training and self-improvement and those that are less so). This report can be very handy for training managers with responsibilities at an entire site.

Compliance Percentage Rate

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Training assignments are sometimes made in order to comply with regulatory training requirements. In that case, a training manager would want to know if employees had completed an activity (maybe by reading a document) or a series of activities (maybe by completing several activities related to EHS). You can run a compliance report to quickly determine if everyone’s completed mandatory compliance training. If not, you can alert their managers and ensure it is completed on time.

Class Attendance Rate

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This might be a useful report to run if you have an optional, elective-based class you offer on a monthly basis. For example, maybe you offer leadership training each month and make 20 seats available per month. This report would give you the ability to track how popular the elective-based course is at your organization.

Average Time to Completion

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Running a report that lets you identify average completion time (or even total combined completion time) can be a key element of determining the ROI of training. Just take the number of people who have completed training, multiply it by their average completion time, and multiply that by average hour pay rate to begin determining the cost of training.

Conclusion: Training KPIs You Can Track with an LMS

Now you’ve seen quite a few ways you can use an LMS to track some of the critical KPIs for your training program. In this post, we focused on level 1 evaluations (learner reaction/survey sheets), level 2 evaluations (performance on tests), and a series of “expanded” level 2 evaluations, looking at things like completion, training time, compliance, and more.

It’s easy enough to see how this data could be useful and how convenient it is to have a software system automatically generate it for you. Even better, the LMS can be scheduled to send you the data on a recurrent basis (daily, weekly, or monthly, for example), always re-generating the reports, retrieving fresh and current data, and delivering it to your email inbox first thing in the morning.

You can also use this data to compare your training metrics over time or from site to site (or department to department). All of this data puts useful and actionable information at your fingertips, making your training efforts more productive.

If you’d like to learn even more about training KPIs and learning evaluation, check out our extended discussions on 4 Common Learning Evaluation Methods and Dr. Will Thalheimer’s LTEM Learning Evaluation Model.

If you’re currently using an LMS at work, use the comments section below to let us know the data you generate and evaluate for your own training program.

9 Important Training KPIs You Should be Tracking (2024)

FAQs

What KPIs should you be tracking? ›

Common things Key Performance Indicators might track are: Revenue: average profits, total revenue, and new customers. Employment statistics: employee turnover, employee performance, and vacancies. Customer service: average call time, efficiency and customer satisfaction.

What is a KPI for training? ›

First, Key Performance Indicators or KPIs are tools that are used to measure the performance of skilled personnel based on their results, innovation, quick thinking, quality, etc. Training helps employees to enhance their skills so that they can meet the expectations that are set by the trainers.

What are the 5 KPIs? ›

  • What is a Key Performance Indicator (KPI)? Key Performance Indicators are quantifiable measurements that help evaluate how well your business is performing. ...
  • Return on Investment (ROI) ...
  • Customer lifetime value (CLV) ...
  • Conversion rate. ...
  • Net promoter score (NPS) ...
  • Customer churn. ...
  • Takeaway.
Jun 12, 2023

What are the 4 mandatory Key Performance Indicators? ›

So if you are seeking relevant and meaningful KPIs, simply start with customer satisfaction, internal process quality, employee satisfaction and financial performance.

What is a KPI checklist? ›

KPI is a measurable value that helps organizations track their progress using a checklist toward achieving specific objectives. They provide data-driven insights into performance, allowing businesses to make informed decisions and optimize strategies for future growth.

What is the best tool to track KPIs? ›

The 10 Best KPI Software to Use in 2024
  • Tableau. Via Tableau. ...
  • Scoro. Via Scoro. ...
  • Datapine. Via Datapine. ...
  • Smartsheet. Via Smartsheet. ...
  • Databox. Via Databox. ...
  • SimpleKPI. Via SimpleKPI. ...
  • Geckoboard. Via Geckoboard. ...
  • Datapad. Via Datapad. Datapad is a new offering for small businesses to track their KPIs.
May 11, 2024

What are the 4 P's of KPI? ›

For marketers, the best guidance for choosing KPIs comes directly from your Intro to Marketing class: the four P's. For you non-marketers out there, those would be product, price, place, and promotion.

What are the training metrics? ›

Training metrics are measurements used to understand how well employees are learning and applying new skills or knowledge. These metrics help you evaluate the effectiveness of training programs by assessing factors such as: completion rates; performance improvement; and.

What is KPI in personal training? ›

Key Performance Indicators, or KPIs, are predefined numbers that you measure the efficacy or profitability of your fitness business against.

What are the four KPIs? ›

We've broken down our list of KPIs into the four categories of the Balanced Scorecard: Financial, Customer, Process and People. Make sure you select a few from each category so that your strategy is well-balanced across the organization.

What is KPI with examples? ›

KPIs support your strategy and help your teams focus on what's important. An example of a key performance indicator is, “targeted new customers per month”. Metrics measure the success of everyday business activities that support your KPIs. While they impact your outcomes, they're not the most critical measures.

What are KPIs for staff? ›

Employee key performance indicators (KPIs) are objective performance standards that set benchmarks for success. KPIs quickly reveal whether your employees are on track to meet their goals. They reduce bias, increase transparency, and provide insight into performance trends.

What are the 4 pillars of KPI? ›

KPIs are a signal that should help inform actions. The best way to identify these signals is to group KPIs into pillars. In this lesson, you'll learn what those pillars are (Awareness, Consideration, Demand, and Advocacy) and what insights to glean from each.

How to identify KPIs? ›

Step 1: Structure your KPIs based on measures that contribute directly to your organization's annual objectives. Step 2: Evaluate the quality of your new KPIs. Step 3: Assign ownership for each KPI to specific individuals in the organization. Step 4: Monitor and report on the KPIs regularly and transparently.

What 3 aspects do KPIs measure? ›

A good KPI provides objective and clear information on progress toward an end goal. It tracks and measures factors such as efficiency, quality, timeliness, and performance while providing a way to measure performance over time.

What are key performance indicators to track progress? ›

Key performance indicators are measures used to evaluate the success of an organization. KPIs can be quantitative and qualitative in nature. Quantitative KPIs include metrics such as sales revenue per employee, number of customers served by each call center agent, or revenue.

What KPIs should you be tracking on social media? ›

Setting Up To Track Social Media KPIs

However, some common KPIs businesses use to measure their social media performance include engagement rate, reach, impressions, website traffic, and generated leads.

How often should KPIs be tracked? ›

The frequency with which you review your KPIs is a personal choice and should be based on your goals and how much monitoring you feel your nonprofit organization needs to achieve them. Typically, KPIs are reviewed either monthly or quarterly.

How do I determine which KPIs to use? ›

A good KPI is one that can be easily measured and tracked over time. It should also be actionable, meaning that it provides clear guidance on what steps you can take to improve performance. Choose KPIs that allow you to identify problems and take concrete steps to address them.

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