In any business, training is key to ensuring that your staff have all of the knowledge and skills that they need.
Of course, training can also be very expensive, and it can eat a lot into your budget, especially when your staff have to put off work in order to be trained.
The good news is that you can train your staff on a budget and still get good results from it. In this article, we are going to give you some top tips on how you can do exactly that. Keep reading if you would like to find out more.
Set A Budget
The first step to training your staff on a budget is to actually set the budget. Yes, you might know how much cash you have to work with throughout the entire year but how much of that budget goes towards training?
It can be very difficult to figure out how much you can spend when you don’t have any sort of basis for spending the funds.
To set a budget, all you need to do is figure out how much money you have to spend on other parts of the business.
Then, with the remaining funds, you can consider the cost of training and ensure that you are allocating enough to different parts of the business. You should be able to find some guidance on how to set a budget online so make sure to have a look.
Sometimes, it can be easy to spend money on training that doesn’t really need to be done. Yes, retraining is very important but if you are on a tight budget then you might need to focus on other types of important training such as when new staff come along.
If you can prioritise your training, then you should be able to stick to your budget and ensure that everyone gets the training that they need.
Try to write out a list of training that needs to be done and rank it in order of priority. This way, you can start at the top and adjust the list as time goes on and other things get added to the list.
Always remember to reshuffle your prioritised list in order to ensure that all of the relevant training gets done when you have the cash.
Try Free Courses
Did you know that training doesn’t always have to cost an arm and a leg? There are free online courses with certificates based in the UK which mean that you can encourage your staff to learn what they need to, without having to blow your budget on it.
Free training can be just as effective as the kind of training that you pay for. If you are trying to train your team on a budget, then this might be the best possible option for you.
They will not only receive expert training, but they will also receive a qualification to prove that they know what they are talking about.
Train In Groups
One of the reasons why many businesses cannot afford to train their staff is that they need people to be working at all times.
If you find that you cannot afford to have your entire office focusing on training rather than selling or working on things for clients, then you should consider training in groups. All you need to do is separate your team based on their needs and who needs to be trained first.
Then, you can make sure that there are always people on the floor working while others are in training.
This might sound simple, but it can be extremely effective. You can continue making money and you won’t have to worry about losing out on training time for your team.
Another great way to train your team on a budget is to pair them up. If you have some experienced members of staff, then you can introduce a buddy system that pairs them with another newer member of staff who needs some training.
While you might need to consider paying the experienced member of staff a little more to compensate for training the new staff member, you will save a lot of money that would have been spent on getting someone in externally to train your staff.
You can pair employees based on their experience and their current role.
Once you introduce the buddy system, you’ll get into the swing of it and realise just how effective it can be for your business.
Ask For Their Help
Our final tip for those who want to train their staff on a budget is to ask for their help and get some ideas from them. Your staff might be able to come up with some innovative ways to learn about new topics such as through gamification which is becoming increasingly popular in training in businesses right now.
It is always important to train your staff in a way that they will respond to and if they help to come up with the training structure themselves then they might be more willing to take part.
You could even have some of your more experienced staff work on some gamification for the less-experienced staff. This way, you can still get some effective training done and you won’t have to worry about spending a lot of money.
Regardless of what industry you are in, it is important that you are training your staff regularly to keep up with changes in the business and the technology that they are using.
Of course, doing this on a tight budget can be very tricky and it is often the reason why training goes down the drain and businesses end up suffering as a result.
If you are thinking about training your staff but don’t have much cash to do so then you should make sure to try out some of the ideas that we have given you in this article.
Look at the different online courses that you can have your staff complete for free and they’ll even get a certificate to show for it. You should also try to pair employees up and try to be innovative in the way in which you train.
If you can follow our advice, then you should be able to achieve your goals on a tight budget in the future. Don’t ignore training needs as it will only cost you more money in the long run.