How do you measure your Return on Investment (R.O.I) of your time from attending a free certification course, workshop, degree program?

CW3 Dylan E. Raymond, PHR — Sat, 20 Aug 2016 17:10:03 -0400

Response by ENS Private RallyPoint Member made Aug 20 at 2016 5:11 PM

ENS Private RallyPoint Member — Sat, 20 Aug 2016 17:11:38 -0400

I would measure my ROI based on if I learned anything and how valuable that knowledge will be in the future. The smallest bit of knowledge can yield incredible results. Knowledge is power and can be very beneficial when dealing with finances and stocks. I'd never pass up a free course - to me, such things are priceless.

Response by MAJ Private RallyPoint Member made Aug 20 at 2016 6:46 PM

MAJ Private RallyPoint Member — Sat, 20 Aug 2016 18:46:28 -0400

The degree program I went through with the Army (USAGPAN or US Army Graduate Program of Anesthesia Nursing) has an extremely high ROI. All I gave was my time (was Masters now Doctorate
- about three years now after your undergrad and your two years plus critical care). The school was paid for plus I got salary, insurance, time in grade/service, etc. I have a great job on active duty providing surgical and OB anesthesia to soldiers, family members, retirees, etc. Our bonuses are competitive. We do the same job in garrison or out in austere environments while deployed.

The profession is usually well compensated on the civilian side when one gets out or retires. I have friends and colleagues that borrowed over $200K to complete this education on the civilian side whereas through the Army I had no student loans. Best decision I ever made. Was enlisted for 9 years prior and can retire in about 3 1/2 years.

Response by SGM Mikel Dawson made Aug 20 at 2016 8:35 PM

SGM Mikel Dawson — Sat, 20 Aug 2016 20:35:59 -0400

Very hard question to put a realistic answer to. First of all, we can't see into the future. One never knows what you're going to need or use in the future. When I took typing class in school I never knew I'd need it so much now that computers are here. Being able to type correctly instead of "hunt and peck" is a blessing. This is just a small example, but here are so many more. Knowledge gained is never wasted, no matter if you never think you will ever use it - more than once I've been surprised!

Response by CW3 Dylan E. Raymond, PHR made Aug 20 at 2016 9:34 PM

CW3 Dylan E. Raymond, PHR — Sat, 20 Aug 2016 21:34:30 -0400

It is a tough question but those are the questions one should ask before investing money or time if you are not getting a return on investment

Response by SGT Private RallyPoint Member made Aug 20 at 2016 9:36 PM

SGT Private RallyPoint Member — Sat, 20 Aug 2016 21:36:54 -0400

How much did I learn?
How much applies to my short and long term goals?
How well does it better me personally and professionally?
Are there any external benefits - membership, official recognition, association?
Is it relevant to current and future business practices?
How well can I share what I've learned?