Training

lippy1923

Hi MSE's

I'm after some advice with regards to training and getting my employer to invest in me. There's a course that I have been looking into which would result in a diploma and a world wide recognized qualification if I passed it.

It consists of several modules and will require tuition, exam fees, study guides etc so not exactly cheap.

It would obviously benefit me in my skills/ knowledge and ability to do my job/ progress in future but I want to come across to my employer with strong reasons as to why they should fund it for me.

Any tips on how to put forward a strong request?

TIA

Lippy

Edit- EXAMS PASSED!!!

Takeaway_Addict

Well the obvious one is how does this extra expense, paid time away etc actually benefit the company. Will it make you more productive, will you bring more money in etc etc.

lippy1923

Takeaway_Addict wrote: »

Well the obvious one is how does this extra expense, paid time away etc actually benefit the company. Will it make you more productive, will you bring more money in etc etc.

Thanks for the reply. I won't need time away from my full time job, it will be after work I would study/ go to college. So my own time.

My overall expectation is to gain the skills to be able to negotiate and save my company a much higher % on contracts/ purchases that I currently do now. I should also be able to take on more work at a higher level as well. It will definitely make me more productive as the work I do at the moment I could do with my eyes closed.

elsien

An agreement about timescales and percentages for paying money back if you leave? How much is it - if it's going to benefit you so much, could you part fund it yourself? Will you be expecting a pay rise if you take on higher responsibilities, who is covering that role at the moment, and will they actually need two of you? Have they funded this training before for other people and would they be expected to do so if they do it for you?
All factors that may impact on their decision and that you may need an answer for.

lippy1923

elsien wrote: »

An agreement about timescales and percentages for paying money back if you leave? How much is it - if it's going to benefit you so much, could you part fund it yourself? Will you be expecting a pay rise if you take on higher responsibilities, who is covering that role at the moment, and will they actually need two of you? Have they funded this training before for other people and would they be expected to do so if they do it for you?
All factors that may impact on their decision and that you may need an answer for.

This training has been offered to another in my field in the past. It was funded by my employer. I would have to agree to stay a minimum of 2 years or pay back the costs if I left earlier which is totally understandable. I actually love my job, the people in it are fab but the work I do now, as said above, I could do it with my eyes closed. There is no challenge anymore and I need to do more. I actively seek more work anyway but believe this course could really help me.

I would not expect a pay rise for at least a couple of years as I would just be grateful for the skills and the chance at more work to build up my experience. After a few years I would then seek opportunities to be promoted.

The estimated cost about be about £3-4k.

money_maker_2

Personally I would write down what the course is, the cost and list of benefits and send the proposal over in an email with an invite to discuss in person when your boss is free.

Good Luck.

Savvy_Sue

If they won't fund it, ask them about salary sacrifice. They'd then pay the fees up front and deduct them from your gross income. You'd pay less tax and NI. or maybe a mix of the two?

lippy1923

Savvy_Sue wrote: »

If they won't fund it, ask them about salary sacrifice. They'd then pay the fees up front and deduct them from your gross income. You'd pay less tax and NI. or maybe a mix of the two?

Thank you for the suggestion. I will consider this if they decline my request to fund

lippy1923

money_maker wrote: »

Personally I would write down what the course is, the cost and list of benefits and send the proposal over in an email with an invite to discuss in person when your boss is free.

Good Luck.

Thank you

Savvy_Sue

Savvy_Sue wrote: »

If they won't fund it, ask them about salary sacrifice. They'd then pay the fees up front and deduct them from your gross income. You'd pay less tax and NI. or maybe a mix of the two?

And worth saying that the employer would also pay less NI.

lippy1923 wrote: »

Thank you for the suggestion. I will consider this if they decline my request to fund

It's something you need to research: there are some drawbacks which affect some people more than others, eg if you're likely to need a verification of income for mortgage or renting, the sacrificed salary is lower than your substantive salary, and some employers will only give the sacrificed one, and some lenders will only accept that figure. Also if your employer hasn't done it before, they need to do a bit of research too and set it up right.

But it's worked for some of my colleagues.

ohreally

lippy1923 wrote: »

It would obviously benefit me in my skills/ knowledge and ability to do my job/ progress in future but I want to come across to my employer with strong reasons as to why they should fund it for me.

Why should you be granted this opportunity before other employees?

What the case for you as an individual?