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Are you making the most of your training budget?

Mentoring makes your training budget work harder

1

Are you making the most of your training budget?

Mentoring makes your training budget work harder

With budgets tightening across all industries, there has never been a better time to re-evaluate your approach to staff training. It’s tempting to simply reduce costs by selectively choosing more senior or long standing staff members as candidates for professional development. However, the fallout from this approach can have an unexpectedly disastrous effect on morale and staff retention as employees become frustrated with the lack of career progression.

But what if there was a way to reduce training costs and actually increase the number of staff engaged in training? Discover how combining e-learning with staff expertise can do this for you...

Immediate savings with e-learning

 Aside from the obvious savings that come from reduced travel, venue and teaching costs, e-learning gives you more control over your training. With a digital central hub, you can more easily keep up with ever changing legislation requirements and maintain consistent course materials.

e-Learning also widens accessibility, in part due to the savings which enable more participants and also due to staff being able to access learning material on their preferred device, at their own pace. It’s far less disruptive to existing work commitments because studying can be planned around schedules, rather than gathering the necessary employees together at the same time. And there are more ways to make your expenditure go further...

Utilise your existing resources

 There are a number of resources available to you that you may not have considered using in a training capacity. Staff can actually facilitate learning in a number of ways.

Consider on the job training by matching junior employees with more experienced team members, allowing them to shadow and learn essential practical knowledge. This approach is particularly effective when supplemented with e-learning for theory based requirements, as newly acquired skills can be applied in a hands-on capacity.

An interactive learning environment encourages the casual sharing of information between colleagues. Senior specialists are excellent at giving presentations in their area of expertise because they deliver their knowledge with first-hand relevancy. Their knowledge is also a great starting point for identifying training weak spots...

Strategically choose course material

 And with traditional training, you usually have less control over course content. This often covers a broad subject area that lacks specificity to an individual’s needs. Think about the compliance and skills gaps within your organisation and consider how you could tailor the material to target these. By covering only the most essential and relevant areas, you save wasted study time and increase staff engagement.

While you will most likely need to outsource teaching content for legal compliance, it is also worth looking at opportunities to author your own content in-house, or get your e-learning provider to do this for you. And there are a few more tricks that can optimise your learning material...

Use your people to improve the quality of the training

 Once you have your course content compiled, trial the material in a one-day course with a small focus group of staff. The feedback that you get from them will help you further edit the material to ensure maximum effectiveness. Blending e-learning with classroom learning like this is a great way of transitioning over to a digitised format. Overcome any worries about the new system with a pre-induction session to explain how to use it - your employees will thank you for it.

Finally, to make the most of your programme, implement some sort of post-training support to ensure staff are using their learning in the workplace. Again, this could be in the form of utilising other colleagues as a support team or by using online feedback processes. If you can use staff to help in the process of teaching and educating other staff, then the time and money spent on each employee will go far further than before.

To find out how e-learning by Red Rock can help you make the most of your training budget and improve the knowledge and skills of your employees, call +44 (0) 845 094 3827 or email training@redrockb2b.co.uk

Blog

Did you realise there is an easy way to reduce training costs and actually increase the number of staff engaged in training? Discover how combining e-learning with staff expertise can do this for you...

 

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