Costly: The cost
of administering corporate training is high, with nearly half of those asked
reporting that it takes up between 20 percent and 50 percent of their training
budget, according to a newly released survey conducted jointly by Expertus and
TrainingOutsourcing.com.
The survey found that 14.7 percent of respondents thought
that administrative-related spending for training was too high. Meanwhile, 65
percent thought it was “about right.”
But those costs can be cut, says Mohana Radhakrishnan, vice
president of client services for Expertus, a learning outsourcing
company.
“Training administration consumes way too many dollars in
most companies, and despite the spending, there are still high levels of
dissatisfaction in the services provided,” Radhakrishnan says. While the survey
shows most companies consider such costs fixed, she says that’s often not the
case.
“We’ve seen companies reduce administrative expenses by as
much as 55 to 60 percent through the effective use of technology, personnel
resources and shared services,” Radhakrishnan says.
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