Fixed Training Costs versus Variable Training Costs
Your Training Edge
MAY 24, 2017
Many times departments must “make do” with the budget they’ve been handed. But once you have a budget, no matter how large or how small, you should have an idea of what costs are fixed and what costs are variable. Fixed training costs are simply the ones you can count on at any point. You’ll budget for these costs and be able to rely on the fact that they will most likely stay the same. If so, this is a variable cost.