The L&D Blog

How do I save money with training outsourcing?

Outsourcing training can result in both direct and indirect cost savings for organisations. Here’s a breakdown of the potential cost savings in both categories:

Direct cost savings:

Economies of scale gains:

Managed learning services often serve multiple clients, allowing them to spread costs across a broader base. This results in economies of scale, making the provision of training services more cost-effective than managing similar initiatives independently.

Personnel costs:

Outsourcing training eliminates the need to hire and train in-house personnel for training administration, content development and training delivery.

Technology investments:

Managed learning service providers invest in technology to manage training administration. Organisations can avoid any upfront costs associated with purchasing and maintaining such systems.

Content development costs:

Developing high-quality training content requires specialised skills and resources. Outsourcing to training experts can be more cost-effective than building and maintaining an internal content development team.

Physical spaces, travel and accommodation expenses:

    • Organisations can avoid the costs associated with building and maintaining training facilities, including physical spaces, equipment, and technology infrastructure.
    • Traditional training methods may involve travel costs for instructors and participants. Virtual or online training solutions provided by outsourced services can significantly reduce or eliminate these travel-related expenses.

Scalability without proportional costs:

As the organisation grows or experiences fluctuations in training demands, outsourcing training allows for scalability without incurring proportional increases in internal staffing and infrastructure costs.

Predictable costs:

Many training outsourcing arrangements operate on a subscription or contract basis, providing organisations with predictable costs. This helps in budgeting and financial planning.

Efficiency gains:

Outsourcing training to specialists can lead to efficiency gains, reducing the time and resources required for the development and delivery of training programmes.

Indirect cost savings:

Focus on core competencies:

Outsourcing training allows organisations to focus on their core business functions, resulting in increased productivity and efficiency in areas where they have a competitive advantage.

Reduced learning curve:

Leveraging the expertise of external training professionals reduces the learning curve associated with developing and implementing new training technologies or methodologies, leading to quicker adoption.

Improved employee productivity:

Employees can spend more time on their primary job functions when training responsibilities are outsourced, leading to increased overall productivity.

Enhanced learning outcomes:

Outsourcing to training experts can result in more effective training programmes, leading to improved employee performance and reduced costs associated with errors or inefficiencies.

Employee retention and satisfaction:

High-quality training programmes contribute to employee satisfaction and retention, reducing recruitment and onboarding costs associated with turnover.

Flexibility and adaptability:

Outsourcing provides flexibility to adapt quickly to changes in technology, learning preferences, and industry demands, potentially avoiding costs associated with slower adaptation.

Risk mitigation:

Training outsourcing partners often have experience in risk management, reducing the likelihood of issues such as non-compliance, legal repercussions, or ineffective training strategies.

Global standardisation:

For organisations with a global presence, outsourcing training can lead to standardised training content and delivery methods, streamlining communication and reducing the risk of discrepancies across regions.

Continuous improvement:

Outsourced training providers often have processes in place for continuous improvement. This ensures that training programmes evolve with industry best practices without requiring internal resources for ongoing refinement.

Improved time-to-market:

Outsourcing allows for quicker development and deployment of training programmes, reducing the time it takes for employees to acquire necessary skills and contribute to organisational goals.

While the specific cost savings will vary depending on the organisation’s needs, industry, and specific outsourcing arrangement, the potential benefits listed above demonstrate the huge impact that training outsourcing can have on both direct and indirect costs.

Take a look at our client case studies. Working together we’ve helped to improve time to market, assist with risk mitigation, provide economies of scale, efficiency gains and more for our clients.

How to choose the right training outsourcing partner

In today’s dynamic business landscape, organisations are increasingly turning to training outsourcing as a strategic move to access specialised expertise, reduce costs, and enhance scalability.

However, selecting the right training outsourcing partner is critical for the success of your training initiatives. In this guide, we will explore key considerations and steps to ensure you choose a partner that aligns with your organisation’s goals and values.

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Create the perfect compliance training programme

Creating an effective compliance training programme involves careful planning, understanding the specific needs of your organisation, and ensuring that employees can comprehend and apply the information. Here’s a step-by-step guide to help you develop an impactful compliance training programme:

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Creating an ethical workplace culture

Creating an ethical workplace culture may mean there are some learning and development opportunities for your employees.

Training courses for businesses on ethics cover a range of subjects to ensure that employees understand and adhere to ethical principles in the workplace. Here are some common subjects covered in such courses:

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Cost savings to your business with training outsourcing

Training outsourcing can offer several cost-saving benefits for businesses. Here are some potential areas where cost savings can be achieved:

1. Infrastructure costs:
Physical space: Outsourcing training eliminates the need for dedicated training facilities or classrooms, saving on rent, utilities, and maintenance costs.
Equipment: Training providers often have their own equipment, reducing the need for the organisation to invest in additional training resources.

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The benefits of training outsourcing for your business

Training outsourcing, also known as learning or training business process outsourcing (BPO) or managed learning services.

Training outsourcing involves hiring external organisations to manage and deliver training programmes for your employees. There are several reasons why businesses choose to outsource their training activities:

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How to keep on top of business compliance

Staying on top of business compliance is crucial for the success and sustainability of your business. Here are some strategies to help you maintain compliance:

  1. Understand applicable regulations:
    Identify and understand the specific regulations that apply to your industry and business.
  2. Create a compliance calendar:
    Develop a compliance calendar that outlines key deadlines for filing reports, renewing licenses, and meeting other regulatory requirements. Regularly review and update this calendar.
  3. Designate responsibility:
    Assign specific individuals or teams within your organisation to be responsible for compliance matters. Clearly communicate their roles and responsibilities.
  4. Regular training:
    Keep your staff informed about compliance requirements through regular training sessions. This ensures that everyone is aware of the latest regulations and understands their role in maintaining compliance. Find out more about the compliance training we can help your organisation with.
  5. Engage legal professionals:
    Establish a relationship with legal professionals who specialise in business law and compliance. Consult with them regularly to ensure that your business practices align with current regulations.
  6. Monitor regulatory changes:
    Stay informed about any changes in regulations that may affect your business. Subscribe to industry publications, newsletters, and government updates to stay abreast of new developments.
  7. Implement compliance software:
    Consider using compliance management software to automate tracking and reporting. These tools can help you manage deadlines, track changes in regulations, and streamline compliance processes.
  8. Conduct regular audits:
    Perform regular internal audits to assess your business processes and ensure they align with compliance requirements. This proactive approach helps identify and rectify potential issues before they become major problems.
  9. Maintain detailed records:
    Keep thorough records of all transactions, agreements, and compliance-related activities. Well-maintained records can be crucial in demonstrating your commitment to compliance during audits.
  10. Network and stay informed:
    Attend industry conferences, seminars, and networking events to stay connected with other professionals in your field. This can provide valuable insights into best practices and regulatory changes.
  11. Seek professional advice:
    Consult with compliance experts or hire consultants to conduct periodic reviews of your business processes. They can offer insights and recommendations for ensuring ongoing compliance.
  12. Implement a whistleblower policy:
    Encourage employees to report any compliance concerns through a confidential whistleblower policy. This can help you address potential issues early on and foster a culture of compliance within your organisation.

By proactively addressing compliance and integrating it into your business processes, you can reduce the risk of legal issues, financial penalties, and damage to your reputation. Regular monitoring, training, and adaptation to regulatory changes are key to maintaining compliance in a dynamic business environment.

Recruitment, training and cybersecurity in the AI age

This guest blog post is written by one of our approved companies for cybersecurity training.  

AI in the HR and L&D world

Artificial intelligence (AI) and deepfakes are hot topics for employees in all industries, not least for recruitment and training professionals.

As it develops, AI is changing the future of HR, allowing professionals to streamline work processes and supporting decision-making processes. At the same time, employee training is benefitting from the AI revolution, with L&D teams harnessing its powers to create engaging, personalised training programmes and to analyse the effectiveness of existing training.

But what about the dangers of AI for HR and L&D teams? In particular, how can AI and deepfakes be leveraged by cybercriminals to manipulate HR processes, and how can we defend ourselves against them?

Deepfake job candidates

In July 2022, the FBI Internet Crime Complaint Center (IC3) released an advisory warning of a new social engineering technique in which fraudsters are using fake identities to steal company data[1].

Seems pretty standard, I hear you say – what’s new about this?

Well, while identity theft has been around for as long as you can remember, the difference here is that the fraudsters are using deepfake technology to misrepresent themselves in employment interviews. Their aim is to successfully navigate the recruitment process to commit cyber attacks.

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