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<i>Dear Workforce</i> How Do We Calculate a First-Ever Training Budget

June 15, 2010
Related Topics: Career Development, Behavioral Training, Basic Skills Training, Employee Career Development, Dear Workforce
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Our company has never had a formal training budget, but I’ve now been asked to develop one. I am collecting data on all the training we’d like to offer next year, per employee, but frankly don’t know if I am asking for too much training money or too little. How do I calculate an approximate training budget? And how much should we devote to leadership training?
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