HOW TO CUT DOWN ON YOUR TRAINING COSTS WITH WEBINARS

Whether you are a company who wants to conduct training for your personnel who are assigned in different branches in one city or country or just someone who want to acquire additional training for career development, webinars are practical alternatives to on-site trainings because they radically reduce your budget for the conduct or acquisition of said training.

On-site trainings, when organized by a company for its personnel, are very costly. The cost of gathering your people together in one venue would entail cost for transportation, venue, accommodation and food. How much these will cost your company would depend on how many personnel you are going to train, where the training will be conducted and the duration of the training. This still does not include your costs for the speaker or speakers who you would most likely provide with better accommodation on top of their professional fees.

Individuals who want to attend trainings at their personal expense would probably spend for the same things. But unlike companies who can avail of discounts for bulk services, individuals have to pay singly for everything which could be costlier unless they find someone who is interested in the same training or be lucky enough to get training support from their companies.

Webinars are less expensive compared to on-site trainings for obvious reasons. Expenses for the usual logistics are done away with. For example, instead of transporting the speaker to a particular venue, providing him with an expensive hotel room, good food and some R and R, a company could choose to hire a webinar speaker who will conduct live training or provide previously recorded videos of a particular training topic. With this, the company would save a lot because they would only spend for the speaker’s professional fees. 

Web-based seminars would give the company even further options to cut on costs by giving them the choice to gather the trainees in one area or schedule the web conferencing during their regular work schedule. In any of these two options, the company has already cut down on training because the fact that the speaker does not go on site but does the training through the internet alone is already a huge source of savings. Still the first option is costlier than the second since fare, accommodation and food would still be at the expense of the company. The second option is apparently the better choice if the company really wants to cut training costs.

These very same parameters are the reasons why individuals who opt to get their training through webinars would spend less. Since webinars are less costly to organize, then the training fees would also be lesser.

No comments:

Post a Comment