According to the 2015 Training Industry report, the year saw a slight increase in the average expenditure for training outsourcing: $306,683, up from $303,833 in 2014. The level of outsourcing was expected to stay relatively steady in 2016 – around 84% organizations said they expected to stay the same in the outsourcing area.
E-learning has become an integral part of training initiatives in organizations today. Many organizations are opting to outsource their e-learning projects to offshore vendors. An offshore company with expertise in e-learning development will give you instant access to a panel of experts who will help your e-learning initiative. It is important to build rapport with the vendor and develop a successful partnership.
It is well known that e-learning is a cost-effective approach to train employees. Organizations can choose to develop in-house or rely on third party e-learning vendors to develop online courses. Companies tend to outsource for various reasons such as the lack of in-house expertise or cost advantage compared to in-house development, and more.
We are often asked “How much does an e-learning course cost?”. It is not easy to answer the question. The most likely answer to this question would be, “it depends”. It is the most frustrating answer for clients. Yet, it is a fact that the cost of e-learning course development depends on many factors.
Organizations the world over are adopting e-learning to train their workforce. Many of them are opting to outsource their e-learning design and development requirements to an offshore vendor.
Outsourcing your e-learning requirements brings you many benefits. An offshore company with expertise in e-learning development will give you instant access to a panel of experts who will help your e-learning initiative.
Let’s say you have been training your employees the traditional way – with face-to-face interactions in classrooms. With growing workforce and increased frequency of training programs, instructor-led training is no longer viable. Hence, you search for alternatives. You have heard about e-learning and are looking to contact vendors for a quote. But before doing that, it is a good idea to understand the typical services e-learning vendors provide and how they price those services.
Ever growing business needs and shrinking training budgets are prompting organizations to outsource their online training projects. Outsourcing training development helps your organization concentrate on its core functions. You will benefit from the training partner’s domain expertise and get quality training material for your employees. Considering these benefits, it pays to outsource your training needs to a custom e-learning solutions provider. However, you will have to do some ground work before outsourcing your training requirement.
Recent developments have changed corporate training requirements, making online training more relevant. However, not many organizations specialize in developing online training; they look for a vendor who can convert their classroom training to e-learning. But a good e-learning vendor is not an easy find.
If you’ve made the decision to outsource your e-learning projects and have selected your vendor partner, you are on the right track. But before you pat yourself on the back, are you sure you can manage the e-learning project successfully with your outsourcing partner? Well, check out our infographic for some guidelines to ensure the partnership works.
If you have made the decision to outsource your e-learning projects considering this checklist, you are on the road to successful e-learning implementation. But, are you worried how to manage your outsourcing vendor? Well, no worries.