Many businesses recognize the inherent value of employee training. That’s why a substantial portion of their budgets are spent on employee training and development. But what if you don’t have a dedicated training department? Perhaps your business has diverse training needs, only needs a short-term program, or simply lacks the software expertise to develop training materials. In these cases, instead of internal training, companies often opt for the most obvious solution: shelling out a small fortune to outsource training and development.
As a matter of fact, according to Statista, a whopping 45% of US corporations outsource learning. In this article, we’re going to discuss why many opt for external versus in-housing training solutions. But first, let’s take a closer look at what outsourcing truly entails. Read more