No Image Available

TrainingZone

Read more from TrainingZone

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1705321608055-0’); });

Establishing Training Budget

default-16x9

Appreciate many factors need to be considered, but can anyone help me with a simple method of calculating a Staff Training/Development budget from scratch?
Craig Lewis

3 Responses

  1. Training Budget
    Craig

    Yes, it is a difficult one to answer in one paragraph or less so if you want to give me a ring on 01942 743882 I’d be happy to talk through my experience with you. Have had to do this on a number of occassions and eventually found a formula that worked – for me anyway !
    Regards
    Andrea
    Achievement By Design
    01942 743882

  2. Establishing a Training and Development budget
    Hi craig

    I have a good solution for this which will address your needs as well as that of line managers and the bean counters! Simple method which involves very simple techniques but producing effective results and buy in ….. . email me at [email protected] and I will get some info to you

    regards Neil

  3. Percentage of payroll
    If you want something that the beancounters can cope with use a percentage of payroll. There are industry standards figures depending on your industry sector and the average qualification level of your staff. This gives you a headline and you prioritise down from there. I’ve put together countless training budgets and am happy to give more advice (07931371943)
    Regards
    Howard

Newsletter

Get the latest from TrainingZone.

Elevate your L&D expertise by subscribing to TrainingZone’s newsletter! Get curated insights, premium reports, and event updates from industry leaders.

Thank you!