Training Budget 101: How to effectively manage your training costs
JULY 18, 2017
But while cutting your training budget can seem like the logical thing to do, stop and think about its long-term implications, as they can far outweigh the immediate costs saved. If you plan your training budget wisely, you can minimize staff turnover and maintain productivity. As you attempt to make money-conscious choices on staff – always turn to your trustworthy HR department on suggestions for how to manage training and development budgets.