HRM 3410 Lecture Notes - Lecture 11: Bell Canada, Indirect Costs, Absenteeism
Document Summary
Costing is the procedure to identify the training expenditures. There is difference between direct costs and indirect costs: (11 a & b) Direct costs: e. g. , the costs that are directly linked with the training program are called direct costs. They would not incur if training program is cancelled or do not happen at all. These costs include trainers" salary and benefits, equipment rental, course materials, instructional aids, food and refreshments, and the cost of travel to and from the training site. Indirect costs: e. g. , the costs that do not incur due to a particular training program, but they will increase to support that particular training program. This include clerical and administrative support, trainer preparation and planning, training materials sent to trainees, and the cost of marketing the training programs. The organizations will still bear these costs even if this particular training program is cancelled.