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TRAINING BUDGET FOR NON-PROFITS

GLCGLC 174 Posts
in HR & Employment Law Vote Up0Vote Down
I am trying to budget for training at a non-profit agency. I'm wondering if there is an industry norm out there in terms of there being a certain percentage or dollar amount that most companies allocate for training? I'm wanting to know what others do?

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  • 2 Comments sorted by Votes Date Added
  • makmhicmakmhic 19 Posts
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    We are a small non profit organization. During our annual budget process, each supervisor determines the budget amount needed to provide training for their employees. If our revenue budget supports the training needs, the training portion of the budget is approved. This fiscal year our budget is 2.5M. The training budget is $21,848. Hope this helps.
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  • TrinityTrinity 171 Posts
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    We are a State-chartered Credit Union, which is considered non-profit. Each dept. comes up with a budget for their dept., which is then approved by the VP and President. For 2003 our training budget was about $120,000.
    We have around 67 employees.
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