We asked small, medium, and large employers across Canada about the benefits and barriers to investing in WIL. They said it was time consuming and hard to calculate. And they said it was harder still to make the case for investing in WIL without knowing the return on investment.
To help, we built an evidence-based planning calculator. Nothing like this existed before. So think of it as a beta test and know that we’ll constantly be evaluating the tool and looking for ways to improve it based on your experience.
For the first time anywhere our ROI calculator enables employers, whether you’re new to WIL or already have a WIL program, to estimate your costs and identify some of the key benefits of WIL.
To learn more about completing your WIL ROI calculations, take a look at our How to Calculate Your ROI guide, where you’ll find step-by-step instructions on each component of your ROI calculations. This guide will also help you identify the broader social benefits of WIL, of which there are many, i.e. the Social Return on Investment (SROI).
Our interactive calculator is available as a spreadsheet too for you to take with you and use on your own time. Download it below.
Download the Full Calculator
In the process of calculating your ROI, you may identify broader social benefits from your WIL program which are difficult to quantify. To learn how to determine your social return on investment (SROI) for WIL, please follow the 5 steps on How to Calculate Your ROI.