A well planned and allocated training budget enables your L&D department to operate as efficiently as possible and equip your learners with skills that are mission-critical to business success.

But from calculating the cost per learner to dividing up your budget between overheads and training initiatives, there’s a lot to take into consideration.

Once the necessities are taken care of, what’s the best way to allocate your training budget? Many of your decisions will depend entirely on the goals and objectives of your L&D team and your organization at large. But the critical factor in effective budget allocation is extracting the maximum value from the funds you have been given.

In this eBook, you’ll learn how to:

• Assess the current state of your training budget against global trends
• Support organizational performance through your training budget allocation
• Win internal buy-in for a training budget increase 
• Effectively prioritize new and existing costs for maximum performance impact
• Extract the highest value possible from a training budget of any size