Training Cost Justification And Roi

With the current economic climate all organisations are checking their training budgets and reducing the level of training their staff are getting

. Some training though is too valuable to cut. But how can Training departments justify their requests for an increase in training budgets for what the business often sees as just compliance issues, and which do not add to the bottom line? Information and Data Security affects the most precious asset of any business after its people its customer and corporate data. Loss of data affects reputation, which affects the bottom line. Data thefts from insiders and outside forces are on the increase, and not training your people in how to protect

your data is no longer acceptable. Losses of data are highly expensive: Ponemon Institute research indicates the cost of each data record lost costs business about 65. So lose 44 million records as one company in the USA did and you can see how the bottom line is quickly affected. Just check out the rest of our website for articles on how want of training costs business profits. The ollowing are some additional points you can use in justifying any training budget request.

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How to defend the business reputation for security

by: Jaine

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