Wednesday 31 August 2022

Training fees

  Sorry folks, but they are going to have to go up.

I am currently increasing rates where I work as a third party, and those training providers are going to be increasing rates too.

Generally there has been little fee inflation since the mid 2010s, but actual inflation was relatively low and so a slow deterioration in fee rates could be made up with an extra day or two.

We are not in that place now.

But training is also one of those areas where budgets are under pressure when times are hard (I always argue that Procurement and Sales training should be protected, but I am biased).

So, rates for this year and already agreed dates for next year are staying the same.

New enquiries are at higher rates starting tomorrow 1 September 2022.

If you are not doing the same now, you will have to think about it.  Yes, that does contribute to inflation.  But inflation can no longer be ignored.


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