Ask Your Employer to Pay for Leadership Development

Many employers have set aside professional development budgets for leaders just like you.

According to the Association for Talent Development, organizations spend an average of $1,252 per employee on training and development initiatives.

This amount depends on your position in the organization and other variables such as size of the organization, and industry. 

Most executive leaders have a higher budget allocated for their training and development initiatives. 

Do you know what your organization will spend for your training and development?

Here's how to find out:

Ask your direct supervisor or leader for this information. If they don't have it, ask your Human Resources department for that information. 

Here's The Solution To Your Leadership Development Needs

According to Lorman.com, "70% of employees would be somewhat likely to leave their current job to work for an organization known for investing in employee development and learning."

Are you one of them?

Let your employer know you have found the solution to your leadership development needs at the Masters of Leadership Institute.

Here are the steps you can follow when approaching your employer:

1. Research and choose the right professional development program:

Find out everything you can about the leadership development program you are interested in, including the cost, duration, and how it aligns with your job responsibilities and career goals.

This will help you make a strong case to your boss.

2. Highlight the benefits:

Be clear about how the program will benefit not just you, but the company as well. Show how the skills you will learn can be applied to your current role and help improve team performance and productivity.

Be specific about the outcomes you expect to achieve as a result of the program.

3. Schedule a meeting with your supervisor:

Ask for a meeting with your boss to discuss your interest in the program.

Make sure to provide a clear agenda for the meeting and be prepared to present your case.

4. Explain the cost:

Be transparent about the cost of the program and any additional expenses that may be required, such as travel or accommodation.

Show that you have done your research and found a program that offers value for money.

5. Explore funding options:

Research any funding options that may be available, such as company training budgets, professional development funds, or government grants.

Highlight these options to your boss and explain how they can help offset the cost of the program.

6. Make a proposal:

After presenting your case and exploring funding options, make a formal proposal to your boss. Be clear about what you are asking for and provide a detailed breakdown of the costs and benefits of the program.

7. Be open to negotiation:

Your boss may have questions or concerns about the program or the cost. Be open to addressing these concerns and negotiating the terms of your proposal.

You may need to be flexible on some aspects, such as the timing or duration of the program, to get your boss on board.

Remember, the key to success is to be prepared, clear, and confident when making your case for professional development.