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10 Ways To Maximize A Training Budget – How to get more bang from your training buck!

 

Let’s be real.  Money is tight right now.  One of the first things businesses cut back on during times like these is training.  So how do you run a business that depends on training with a smaller budget?  The answer to that may surprise you!

 

For the last couple of years, we’ve been mesmerized by expensive training tools. We’ve been led to believe by ‘training industry gurus’ that spending hundreds of thousands of dollars on high-tech simulations, learning management systems, and extensive (cumbersome) training design processes is the way to go.  We’ve read training industry newsletters, magazines and have listened to the leading experts.  But we all seemed to forget one thing.  All those guys are trying to sell something.

 

Honest question from a business owner: “Why won’t anyone tell us how to get good training that’s cheap?”

 

Honest answer from a Training Guru: “Because then you wouldn’t buy any more of our books or expensive training toys.”

"Right now, we don’t have a whole lot of money to throw at expensive training. But we still have a need to keep our employees trained and ready to do their jobs.”

 

Sound familiar?

 

There are things you can do to offer engaging, relevant, applicable and inexpensive training to your organization.  For instance, did you know…

  • Other companies may be willing to share training expenses with you?

  • Some employers may be eligible for federal reimbursements under the Workforce Investment Act of 1998 if they provide on-site, instructor-led training customized to employer equipment and need?

  • There are thousands of web-based courses offered free of charge?

  • Most of the training you need is already out there?

If you’re ready to save some money and continue to provide outstanding training to your organization, join Mike Davis from ATW Training & Consulting at the upcoming HR, Training and Benefits Conference hosted by HR One Source.  Mike will be speaking at (time) on April 21 at the 2009 Iowa Employment Training and Benefits Conference in Altoona.

 

Mike will share his organization’s top-ten (and more) ways to maximize a training budget.  How do you get started?  How do you convince your organization that this is a good idea?  What else should I consider, or not consider, when finding new training opportunities?  All of this and more will be discussed at the conference!

 

(A note from Mike’s boss, Todd McDonald: “Mike gets paid the same salary whether you show up or not.”)

 

If you would like to contact Mike prior to the session you can reach him at Michael@atwtraining.com or through the ATW website www.atwtraining.com .

 

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