Skip to main content

Justify Your Training Expenses to Management

Technical training is beneficial to both you and your organization. By helping you develop additional skills and knowledge you will be more efficient and productive in your job which will save your company time and money. Training can also make you aware of significant regulations or ongoing developments within your industry. Training can help you become proficient in the newest technologies which are only as good as the people trained to use them. The bottom line is that training benefits both you and your organization.

 

Yet some managers can be hesitant to improve employee training because training is often considered a discretionary expense. It is often one of the first things to go when companies start looking for ways to save money and control costs. So how can you convince your boss to invest in your training? 

 

The first thing you need to do is to research company policies regarding professional development or educational programs. Check your employee handbook, company intranet, and HR materials for existing policies on employee training. Find out what your company pays for and if your professional development is covered under any existing programs. This could help defray costs from your department's budget.

 

Next you need to write a proposal. State what training you are interested in and what skills you will develop. Explain how these skills will benefit the company. Show the total cost of the program including registration fees, exams, books, and time requirements. Explain whether you expect to complete the course on your own time or company time. If you are going to be studying on company time, how will this affect your job performance?

 

Compare online learning to traditional training. Point out the lower costs, greater flexibility, mention that it does not require any time away from the office, and there are no travel costs.

 

Remember: your professional growth is worth investing in! Talk to your manager or human resources department and be prepared to show how training you will help reach the business goals. Good luck!