One of the most fundamental conflicts in the world of employee training is the balance between cost and effectiveness. While companies certainly want to implement successful training programs that will reliably and effectively impart essential knowledge and skills to employees, they also obviously want to avoid breaking the bank on training.
Training Format Impacts Cost
The format of training has a lot to do with both cost and effectiveness. Having an industry expert come on-site and sit in person with staff members on a one-on-one basis for several months to do an intensive training could be extremely effective. But it would obviously also be extremely expensive in terms of both time and money.
