10 Low-Cost Ideas for Employee Training

The Training by Nelle Blog | Corporate Training and Consulting

So, What Will it Cost Me? In terms of pricing, Microsoft PowerPoint (standalone, not including full Microsoft Suite) will cost you about $109, for 1 user (both PC and Mac) in the Microsoft Store, but you can shop around and check out other vendors such as Amazon, Overstock or Office Max/Depot. So, What Will it Cost Me? ON-DEMAND WEBINARS On-demand webinars are a great and cost-effective way to train your employees - as they can access the content anytime, anyplace.

How a Low Cost LMS for CME Costs You More in the Long Run

EthosCE

When it comes to software, however, the difference is that a low cost LMS platform rarely offers the kind of value that you need to support your organization’s goals. In this post, we’ll look at some steps to get the most value for your budget while making sure you have the features that your program needs to ensure success. Bargain LMS platforms often provide value that matches their low, low price. Low or No Support for Learners or Your Organization.

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Preventing Expensive Risks of a Low-Cost LMS Software for CME

EthosCE

While cost is always a consideration when evaluating LMS software, there are unreasonable risks that require careful consideration when reviewing your options for CME. Low-cost LMS software doesn’t always mean “unusable” but can you afford the risk? A low-cost LMS may be able to give you just enough of an admin panel for you to launch a single course and manage it, but this won’t be valuable if your organization wants consistent sustainable growth.

eLearning too Expensive? A Solution for Every Budget

Bottom-Line Performance

Some companies think the cost of eLearning is ONLY driven by the quality of the images, audio, visual, and complex interactions. Therefore, a stripped down course with minimal aesthetic value will be the most cost-effective. But while adding multimedia to an eLearning course will increase the cost, this is not the main contributor to eLearning cost. Low Budget Means Less Reviewers and Smes. Low Budget Means Straightforward Content.

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Factors that Determine eLearning Costs

Enyota Learning

Several factors impact the overall eLearning costs of your project: Volume. The duration of courses and the number of course elements have a major role to play in determining the eLearning costs of your project. The size and type of your course can impact the overall cost in a large way. Hence always include only the essentials to keep your costs under control. A highly interactive course can cost almost two times as much as a basic eLearning course.

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How to Attract a Loyal Learning Audience, Even on a Tight Budget

Talented Learning

Several decades ago, software companies began offering no-cost access to products for a limited time (or with a limited feature set), hoping to drive more demand for the premium version in the long-run. Many low-cost marketing automation tools and marketing-savvy learning platforms now support specialized packaging, pre-scheduled content subscriptions, coupons, discounts, bundles, branded promotions and more. Here are some of the no/low-cost techniques that work for us.

Small E-Learning Budgets? Create Your Own Training Videos

CommLab India

As a training manager, you are always faced with the conundrum of building an effective online course within a limited budget. You can even edit these videos using free and low-cost tools, on your phone, laptop, or tablet. YouTube can be a great resource when you want to include videos in your e-learning, but are on a budget. Creating training videos need not necessarily make a dent in your budget.

Cammy Beans Learning Visions: The Corporate Moodle: A Tipping Point?

Learning Visions

A ‘low-cost’ LMS starts at an average of $58K. That’s the low price. Because it’s open source, there are no licensing costs. Our customers benefit from low-cost and self-management with no technical knowledge required. John -- by "bottled pilot" are you thinking more of a tactical implementation -- low point entry to LMS to test the waters?

5 Ways to Stretch Your Training Budget

Mindflash

Despite ample evidence supporting the bottom-line value of training and professional development , training budgets are almost always the first place business leaders target for cost-cutting. But for those of us who are trainers or training designers faced with more pressing day-to-day challenges of operating on a limited budget, what can we do to stay budget-conscious and maintain our relevancy in the eyes of business leaders? Need more budget-friendly ideas?

5 Ways to Stretch Your Training Budget

Mindflash

Despite ample evidence supporting the bottom-line value of training and professional development , training budgets are almost always the first place business leaders target for cost-cutting. But for those of us who are trainers or training designers faced with more pressing day-to-day challenges of operating on a limited budget, what can we do to stay budget-conscious and maintain our relevancy in the eyes of business leaders? Need more budget-friendly ideas?

Thinking Outside the Course: Free Tools for Making E-learning Better

Mike Taylor

Come check out these great sessions that will give you new ideas for stretching your budget much farther than you ever dreamed was possible. 101 Tools and Techniques for Creating Your Own Low-Cost, High-Quality Images. It is *CRAZY* cold around here today but that won´t stop us from exploring a mountain of great free tools that can make your elearning better.

Is a Learning Management System Really Worth the Investment?

TOPYX LMS

Even an LMS that is economical can take a chunk out of a company’s budget. Here are a few reasons why they (and we) think a learning management system is worth spending money on: An LMS Trains Employees, Volunteers, and Members — A company that doesn’t offer quality training is a company on its way out. An LMS Lowers Costs — Although an LMS does involve an initial investment, the right type of LMS will eventually lower a company’s costs of training.

Stop Hunting, Start Demo-ing with Virtual Classroom LMS Platform

PSB

And definitely, it can be a significant investment in both time and budget. Conclusion: Many times decisions were made in a hurry, just to choose the low-cost or budget-friendly platforms. Thinking about the budget is definitely a good step towards business development, but the quality and services matter the most. The time has come to move your training programs forward into an interactive virtual classroom.

Is a Learning Management System Really Worth the Investment?

TOPYX LMS

Even an LMS that is economical can take a chunk out of a company’s budget. Here are a few reasons why they (and we) think a learning management system is worth spending money on: An LMS Trains Employees, Volunteers, and Members — A company that doesn’t offer quality training is a company on its way out. An LMS Lowers Costs — Although an LMS does involve an initial investment, the right type of LMS will eventually lower a company’s costs of training.

Emerging technologies & challenges in e-Learning content creation: Global resourcing to rescue

G-Cube

The emergence of new technologies requires the organizations to quickly arrange for skilled workforce that can develop quality e-Learning content on the new platforms to satisfy the Learners’ needs. Off-the-Shelf e-Learning content publishers, technology-driven training providers, and everybody in the e-Learning space is under pressure to maintain the pace of content design & development on the new platforms at the same cost. Quality Check and Analysis.

The Only Time You Should Deliver Mediocre eLearning

eLearning Architect

In this article we'll look at when delivering lower quality content can be an advantage. But I had very limited resources and an even smaller budget. Well, I had to start deciding which content needed to go through a full design process and be developed into high-quality interactive eLearning. I realised that making a list of content that wasn’t going to be high-quality was just as important. Have you ever delivered lower quality content to save time?

Pricing Your eLearning Materials: Subscription versus One-Time-Fee Models

Web Courseworks

Additionally, this pricing model offers members with a low-cost way to gain access to the eLearning materials they want—especially if you offer a monthly subscription. Subscription models work best at the bottom end of the product quality continuum. Subscription models work best at the bottom end of the product quality continuum. One-Time-Fee should be the first pricing option for higher quality courses. Quality & Creation Costs.

How to Raise the Price of Your Online Course

LearnDash

Low is not always better: raising your price could help you sell more courses. As they continue to lower the price of their course, they start down a never-ending spiral of high-effort and low returns. However, many online learners perceive low cost as low quality. You may have a higher-quality course than your competition, but if you aren’t charging enough, your potential buyers may not realize the great deal they’re passing up.

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More Answers to Your Rapid E-Learning Questions

Rapid eLearning

So now’s a good time to offer some quick answers and links to additional resources for those just getting started, I have no budget. The first thing I recommend is to ask for a budget. If you do get a budget then you can stretch your money by purchasing the lower resolution images. You don’t need print-quality images for elearning courses. When you’re working with limited resources you’ve got to find places where you can get good free or low cost assets.

How to Get the Greatest ROI from eLearning

TOPYX LMS

Whether it’s an investment in oneself, a business, another person, or a product, a quality return is always desired. These movers and shakers want the very best for their organizations and personnel but also have budgets to honor. The first step in measuring eLearning’s ROI is determining what the initial investment will cost. The price of an LMS is a huge consideration in determining the overall cost of the initial investment into eLearning.In

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Changing Landscape in E-Learning

Vikas Joshi on Interactive Learning

During the Thought Leadership Webinar on “ Interactive Courses on a ShoeString Budget ” in November, 2011, I had a good discussion with Jim Hanlin, President and Founder of Best Training Resources. They face a lot of cost pressure on eLearning programs. From the Producer’s standpoint – we have to focus on reducing the cost of producing eLearning programs and increase the level of interactivity and graphic rich content.

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Is the Recession Bad for Effective Learning Solutions?

Upside Learning

When eLearning came into being through its early predecessors in the form of CBT and then WBT one of the primary reasons and its drivers was increasing acceptance of its potential to save costs due to the inherent advantages in centralizing (more with WBT) content, the reduction in logistics costs, persistent storage and to an extent uniformity in content delivery.

The future is bright: corporate learning gets smart

Torrance Learning

Rapid development tools allow the fast and easy creation of new elearning programs, and organizations can choose from a variety of off-the-shelf libraries containing thousands of courses for very low cost. Online learning has widened the reach and decreased the cost of delivering employee training, but it’s often delivered as a one-size-fits-all approach that misses its full potential. Megan Torrance, CEO TorranceLearning.

How Much Does It Cost to Develop an Online Course?

learnWorlds

But, how much would it cost? But, how much does it cost to create one? Knowing all about the course creation and development costs upfront can help you come up with the right plan to create a course, and deciding on the best price tag for your courses. This article attempts to make out an estimation on the cost of the course development process taking into account all the categories of costs that go into it. These categories are: Course Creation Costs.

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Video for Learning: Tips, Trends & Technology

Leo Learning

Are there any low-cost but good-quality ways to start out with video for learning? Even though it’s not broadcast-quality content, people are very happy to watch it and accept the quality. So it’s always worth stepping back a bit and if you ask the right questions, you can often come up with a perfectly viable low-cost alternative. And at the cheaper end, it would probably be, minute for minute, the same as the cost of eLearning.

Ultimate Guide to Customer Service eLearning

Academy of Mine

When people are crossing expenses out of their monthly budget, most businesses want to make sure their positive relationship with the customer keeps them on the list. Investing early in a high-quality LMS saves you money in the long run.

How To Help Your Employees Develop As Leaders

Clarity Consultants

Even those who are not in managerial roles provide more value to the organization if they possess some of the leadership qualities described by Adam and Jordan Bornstein in Entrepreneur , like having focus, confidence and integrity. The most important tool you can provide is a list of the leadership qualities that you admire and that you want your employees to develop, along with some examples of what those qualities look like in action.

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Measurement Matters: 3 Data Analytics Lessons to Remember

Talented Learning

High-quality data. But how do you quantify quality ? The complexity and cost of real-time reporting put it far out-of-reach for all but the largest and wealthiest organizations. With big-ticket advertising budgets on the line, we knew that faster insights could dramatically improve campaign results for the brands we served. They, too, inched their way forward, compressing reporting turnaround times as quickly as their budgets and capabilities would allow.

20 Top Learning, Technology & Media Links: Weekly Digest – 13

Upside Learning

Online learning, cheap access devices, open content, and broadband will soon provide low cost universal access to quality high school learning and building a bridge to post secondary and job opportunities for the next billion youth. Online courses are on the rise as firms continue to cut training budgets and the newly redundant update their skill sets.

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The Lesser-known Benefits of Outsourcing E-learning to India

CommLab India

However, it is simply not the numbers, but more importantly the quality of talent is quite remarkable. If you are looking for a budget-friendly vendor to develop eLearning courses for your company, Indian vendors are the best bet. Choosing an Indian e-learning vendor can result in significant cost saving for companies. According to a research by Bersin by Deloitte , online course development in India could cost 20-40% lesser, when compared to the other countries.

Part III : Where Are You with Your Blended Learning Strategy?

CraneMorley

Along came the internet and duplication, packaging and shipping costs gave way to low-cost digital delivery on the internet. For many companies developing simple “page-turner” eLearning courses, the loss of Flash and the addition of authoring tools only lowered costs and shortened development time. Part 3 of Part 4.

4 Tutorials to Help You Become an Audio Pro

Mindflash

Audio in online training is usually served up in one of two forms: (1) poor-quality, amateurish, or (2) high-quality and professional. No one wants to be responsible for producing great-looking training that sounds awful, but with training budgets being what they are these days it’s hard to justify the expense of high-quality, professionally recorded audio. Use a decent-quality microphone and place it 6 to 12 inches away from the person doing the speaking.

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Giving Thanks for Built-in Templates

360 Training

Templates offer plentiful opportunity for fast, low risk, low cost experimentation—allowing you to deliver an optimal experience to your learners while still meeting deadlines and budgets. More efficient quality assurance cycles : Built-in e-learning templates can also help minimize the time spent reviewing a course to make sure it is ready for students.

VR is it on Life Support for L&D?

eLearning 24-7

One company I know who creates VR custom content, charges over 60,000 pounds (around 80K US) for a low tier version. . There are a couple of reasons for this: Cost of Self-Contained headset. Total cost with 128GB, close to $600 before tax. Be sure, that you are not in a place with low ceilings. If you want 100% True VR with high quality -i.e. Cost is unknown. Which again leads back to the problem of mass adoption – headset and cost. .

Part III : Where Are You with Your Blended Learning Strategy?

CraneMorley

Along came the internet and duplication, packaging and shipping costs gave way to low-cost digital delivery on the internet. For many companies developing simple “page-turner” eLearning courses, the loss of Flash and the addition of authoring tools only lowered costs and shortened development time. Part 3 of Part 4.