Whether you're a small business looking for affordable solutions or a larger company seeking customized training programs, learn about the factors that impact corporate training costs and get tips for selecting a corporate training provider that meets your needs with our pricing guide.
Developing your employees' skills and knowledge is essential for the success of any business, but finding the right training partner can be a challenge.
Corporate training refers to the process of providing employees with the skills and knowledge necessary to perform their job duties effectively. This training can include many topics, from onboarding new hires to developing leadership skills.
Along with curating leadership development skills with their employees, business owners can expect an increase in productivity, an improvement in performance and retention, and an enhancement in job satisfaction.
With so many options available, knowing where to start or what to expect in terms of pricing can take time and effort.
Corporate Training & Coaching projects reviewed on Clutch typically cost< $10,000
As shown in the chart above, corporate training services on Clutch range from a few thousand dollars to several tens of thousands.
This pricing guide will help your business understand the various factors that impact the cost of corporate training and coaching and provide insights on finding the right training partner that meets your specific needs and budget.
Types of Corporate Training & Coaching Services & Hourly Rates
The coaching business is vast – your company shouldn’t fall under the misconception that hiring a corporate trainer is for life coaching only. Corporate training companies provide their own business models that fit different niches, which can deliver a unique coaching experience to your team depending on specific needs.
The table below will give an overview of different learning experiences and pieces of training that corporate training providers can deliver to your business, with an idea of the expected coaching rate.
Average Hourly Rate
Organizations give customer service trainings to increase their employees’ knowledge and skills that will increase customer satisfaction. Corporate trainers delivering customer service training can help with coaching, communication strategies, and technical support.
Cybersecurity awareness trainings can help businesses teach employees strategies to minimize internal and external security risks. Corporate trainers can put together processes and courses for employees to educate them on how to protect their organization from threats.
Leadership coaching helps executives achieve particular objectives like professional development goals, whereas executive coaching is more specific regarding managerial skills. Corporate trainers can facilitate different types of trainings to facilitate the goals of their learners.
This type of training helps strengthen public speaking and presentation skills. Corporate trainers can help build confidence by practicing and delivering presentations with personalized feedback for your team.
Project management training consists of teaching time management, organization, and planning skills. Corporate trainers can develop courses and coaching sessions to help further develop those skills.
Sales & business development training focuses on developing and finding new growth opportunities through strategic methods. Corporate trainings can facilitate different types of coaching sessions to develop those crucial sales skills.
Note: Price ranges above are in U.S. dollars
What is the Real Cost of Hiring a Corporate Training & Development Company?
The average cost of hiring a corporate training company on Clutch is between $100–$149.
Explore Recommended Corporate Training & Coaching Companies
Cost is a major factor, but when hiring a corporate training firm for in-person services, think about attributes that will make them a right fit for your organization. For example, they could have years of experience, but their personalities might not mesh well with your team regarding on-site group coaching. There will be other considerations if you only invest in online coaching for your business.
When hiring a corporate training & development company, view reviews and testimonials to see how they fit with similar organizations. If they’re not a good fit, it will do more harm than good. Investing in your employees and their growth only benefits your company’s bottom line.
Considering this and other factors when choosing a corporate training provider and negotiating pricing and terms is essential to ensure you get the most value for your investment.
What Services Do Corporate Training Companies Offer?
- Onboarding and orientation training for new hires
- Leadership development & career coaching programs
- Sales and customer service training
- Technical training & professional development for software and equipment
- Compliance and safety training
- Soft skills training, such as communication, teamwork, and time management
- Executive coaching and development
- Customized training programs tailored to the specific needs of your organization
Corporate Training & Coaching Fee Breakdown
While companies that offer corporate training services generally charge hourly rates, some providers break down their services by different models about different types of coaching.
Explore some of the models your business might encounter when hiring a team to teach your company new skills:
- À la carte package: In this model, companies are likely paying for one specific training set. This could be online courses for professional development, general leadership coaching, or coaching sessions that are relevant to a specific theme.
- Subscription-based package: With this model, team members can pay for access to an entire library of training materials, which could include in-person facilitation, access to professional development podcasts & webinars, and other online training that fit their businesses’ goals for hiring a corporate training provider. This plan would usually run for a year and would end on a fixed date, and the cost will likely be on a retainer basis.
Leadership development & career coaching programs
- Bundled package: For this time of support plan, businesses would pay a flat fee for a mix of training courses, services, and other customizations. These packages give businesses more flexibility with their training budgets.
What Impacts the Cost of Hiring a Corporate Training & Development Company?
- Type of training
- Team size
What is your company looking for in corporate training services? The complexity of a training program can significantly impact the final cost. For example, technical training programs that require specialized equipment or software can be more expensive than soft skills training programs. Online courses and in-person sessions also will have different costs associated. For instance, if a coaching session is in-person, your business might need to factor in travel expenses for the facilitator. The length of the training program will also impact cost. The fewer the sessions, the lower the cost.
Your organization’s size can also impact the overall cost of hiring corporate training services. How many employees you have enrolled can affect the amount of materials, program duration, and more.
If your team is looking for a more unique or customized training program, those will be more expensive than standardized programs simply because they are tailored to your organization's needs. The quality of the corporate training provider can also impact the cost of hiring them. Providers with a strong reputation for delivering high-quality training may charge more than less well-known providers.
2023 Corporate Training & Coaching Pricing by Location
Browse hourly rates for Corporate Training & Coaching companies by popular locations.
|Country||Average Cost per Hour|
|United States of America||$100 - $149|
|United Kingdom||$100 - $149|
|Canada||$100 - $149|
|Australia||$50 - $99|
|Ukraine||$50 - $99|
|Poland||$50 - $99|
|Spain||$100 - $149|
|Mexico||$25 - $49|
Consumers can anticipate the hourly rates for corporate training services in more urban areas to be higher than in rural areas. Companies in North America and Western Europe charge more than companies in other locations worldwide.
The location of a corporate training provider can impact other aspects of an engagement due to travel expenses and other logistical costs that might factor in if your company is looking for in-person corporate training support.
Investing in Employee Development: A Guide to Corporate Training Costs
Corporate training is an essential component of any successful business strategy. Investing in your employees' development can create a more productive, engaged, and adaptable workforce that can help your company thrive in an ever-changing business environment.
Through this guide, we hope to have provided valuable insights into the various factors that impact the cost of corporate training programs and how to choose the right partner for your business needs and budget.
With the right training partner and strategy, you can foster a workplace culture of learning and growth, empowering your employees to reach their full potential and drive your business forward.
Search top corporate training & coaching services on Clutch.Browse