Thursday, August 28, 2008

New online tool for low-cost employee training

CareerBuilder.com just launched CBInstitute.com, a new online education site designed to help workers improve job skills with online courses.

The courses are created by leading industry specialists covering such topics as computer skills, language training, business skills, management and leadership training, and sales training. Courses cost about $30 to $50 on average, with a few soft skills courses starting at $9.99 and workers can try out free demos before purchasing.

While developed mainly for people who want to make themselves more attractive during a job search, the site gives employers have the option to enroll current employees in courses.

Even though budgets are tight, there are cost-effective solutions out there like CBInstitute.com that help you keep employee training in-house and current.

In a recent Fortune article, management expert Ram Charan advises companies that may be struggling financially to not cut back on employee development.

“Sacrificing your future for a slightly more comfortable present is not worth it. If you keep building, you can come back strong.”

Especially during an economic downturn, it is more important than ever for businesses to retain existing talent. Offering employees online courses to better their job skills will not online improve productivity and the bottom line, but will also show employees that they are truly valued and the company cares enough to want them to grow professionally.

Has your company cut back on employee training? What solutions have you found that help you continue training employees on a tight budget?

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