INTRODUCTION

As many organizations try to trim and balance their budgets, they may overlook a
simple option to reduce money while maintaining training efficacy. It's critical to
have a solid training team at your company, but you also don't want to hire more
full-time employees than you need because training demands fluctuate.
Outsourcing services that assist training design, development, and deployment are
a relatively new technique to address this.

OUTSOURCING TRAINING SERVICES

Outsourcing training services keep track of the client's requirements and respond
with a package of training standards and materials, training software licences,
train-the-trainer programmes, and training logistical assistance, among other
things. This includes using a learning management system to administer the
training, as well as class coordination and trainer preparation. Meanwhile,
regardless of how much or how little training work is required at any given time,
the corporation is able to maintain a consistent payroll and employees in the
training department. The additional employees also helps to shorten the time it
takes to create or update training materials, which can be a problem if there aren't
enough in-house resources.

Advantages of Outsourcing Training Services are :-

Specialized Expertise
This one is self-evident and has a direct bearing on total training. Working with a
third-party company gives your staff access to subject-matter experts with years of
hands-on experience with the technology. An added benefit is that your staff will
be able to relate better to someone who has worked in the business for a long time. 

Human Resources Reinvestment

Outsourcing eLearning/training allows a company's Human Resources to focus on
other tasks. The training team can be reduced in size, allowing them to focus solely
on internal trainings that they would prefer not outsource. Employees can be
absorbed into other teams that require more help, resulting in little to no financial
impact and internal hiring.

Cost Savings
The cost is a very important factor to consider when it comes to outsourcing. A
growing number of businesses are finding that outsourcing training sessions is
much less expensive than maintaining an internal training team and an eLearning
system. A third-party training provider would undoubtedly alleviate the financial
strain that would otherwise be sustained in the name of business growth.

Business Development
Saving money and freeing up human resources helps the company to focus on
something more important, like business development. Ideation, planning,
implementation, and execution of plans are all possible with outsourced corporate
training. Core capabilities can remain the focus, and strategic problems can be
effectively addressed. The money saved can be put toward things like research,
sales, or recruiting the VP you need for a new market.

Effortless Scalability
New or temporary employees can be trained at any time. For a project manager,
the scheduling hurdle for trainings becomes a non-issue. Participants might be
trained in batches by a specialist training provider. All your Training Coordinator
would have to do is call and register with us. Outsourced eLearning allows for this
flexibility.

Disadvantages of Outsourcing Training Services are :-

Outsourcing Training is Costlier
Outsourcing training to external trainers is often more expensive than hiring a
trainer on a “per-session” basis. The majority of training organisations bill
businesses for each learner who attends their classes. This cost frequently exceeds
a hundred dollars, and as a result, expenses can quickly mount. For firms with a
large staff and frequent training needs, outsourced training is more expensive than
in-house training.

Difficult to track quality of Training

When it comes to outsourcing, tracking effectiveness is one of the most difficult
tasks, and training is no exception. Even if you perform a thorough job,

Several Hidden Overhead Costs

Many training outsourcing companies demand that your staff be present in person
at a location of their choosing. Not only does this limit your capacity to train staff
in different parts of the country, but it also comes with hidden overhead charges.

For example, an employee travelling to a specific location for corporate training

will expect to be reimbursed for travel expenses. Furthermore, while your staff are
undergoing training, they will be unavailable to handle their primary
responsibilities at your company.

Lack of Personalization
The majority of training companies create content for a wide range of audiences.
As a result, much of the training information offered by these companies is generic
and, in many cases, irrelevant to your company.

As specialisation becomes the norm, companies must spend in creating customised

content that contributes to both their corporate goals and their workers'
development paths.

Risk Of Leaking Sensitive Business-Related Information

When conducting research to find a reliable training partner, keep in mind that the
effectiveness of their training programme will only become obvious after the
training has been paid for and completed. If the training falls short of your
expectations, you may end up wasting money and time.