Beginners' Guide to L&D Budgets
The L&D Academy The L&D Academy
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 Published On Oct 25, 2022

✅Learning and Development is a vital aspect of any business (or it should be, anyways!). If your employees aren't learning, they're not growing. As a Learning and Development expert-in-charge, it's your responsibility to ensure that the company's growth doesn't stop at the workplace door – which means ensuring the company pays for their training and development too.

In this video we'll take a deep dive into L&D budgets for beginners.

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Table of Contents:
0:00 - Intro
0:47 - What is a Learning & Development budget?
1:05 - Benefits and downsides of having a Learning & Development budget
2:10 - Considerations for L&D budget
3:18 - Methods for building an L&D budget
4:26 - Alignment to the business
5:09 - Types of Learning Costs
7:55 - L&D Budget stakeholders
10:18 - Collecting information to inform the budget
11:15 - Prioritizing L&D initiatives in line with business expectations
12:03 - Evaluating the budget
12:40 - Monitoring the budget
14:21 - Keys to continued success
15:06 - Conclusion

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