how much to charge for training course uk

Typical costs: £15,000 – £19,000 Example 6 An 80-100 slide e-learning course with text, audio elements, graphic animations, branching scenarios, case studies, interactions, quizzes and a final assessment with a certificate. Typical costs: £10,000 – £15,000

Full Answer

How much does it training cost in the UK?

COSTS PER COURSE Average duration Average price in public format* Average price in online format* Communication Skills 1.5 Days £637 £227 Supply Chain Management 2.8 Days £1,280 £969 Human Resources 2.3 Days £1,128 £870 IT 3.2 Days £1,584 £370 Leadership Development 2.9 Days £1,467 £858 Oil & Gas 3.5 Days £2,485 £2,190 Finance 2.4 Days £1,731 £663

What goes into the price of a training workshop?

Feb 16, 2009 · Much of the non-productive preparation is undertaken by the training company, so working as an associate means fee earning days can rise to up to 200. However, rates for associate work are lower than direct work – often by up to …

How do you price your training services?

Some trainers begin with their last salary when they’re starting out. They divide their annual salary by 12 to work out their monthly pay, then divide it by 20 working days (four weeks of five workdays per month) and then by eight hours a day to get their approximate hourly rate. If, for example, you’d worked for a salary of £30,000 per ...

How much does a professional coach cost UK?

Professional coaching (training, taking a step back, changing your life, finding your future profession). Without experience, a life coach can charge up to £80 an hour, and with for 5 customers, could be earning £4,000 (10 sessions, 5 clients at £80 each) For a professional coach, the rate charged can go up to £300 or £400 depending on ...

How do you price a training program?

How to choose a price for your online course:Do not price your course based on its length. ... Take a look at your competition. ... Quantify the value of the outcome your students can achieve. ... Test different price points. ... Consider your credibility/authority in your market. ... Consider the cost of your customer's alternatives.More items...•Aug 23, 2021

How much should I charge for facilitating a workshop?

A facilitator who is just starting out in North America might charge between $100-$125 per hour. Their daily rate which would typically include design, delivery and document might be between $1500-$2000 per day. This would be for a relatively straightforward event with 20 or fewer participants.

How much does a training workshop cost?

One way to calculate your time and workshop cost is by dividing your hourly rate by how many people you want in your workshop. If you want 10 people for a one hour workshop and you charge $250/hour, then you can charge $25/person + travel expenses and materials (this will make the price jump up to $30-$40/person).Aug 7, 2020

How much should I charge for an hour training?

A typical rate is around $60 to $70 for a one-hour training session. But outliers can make anywhere from $40 to $400 and beyond. Some may even offer weeks- or months-long packages for four or five figures. Finding the right rate for you starts with the annual take-home you want.

How much should I charge for a webinar?

The Cost of a Webinar Differs Greatly, but Almost Everyone Is Paying. Finally, it's become clear that you need to invest money into your webinar. At the very least, it should cost $100 to produce a webinar. However, the average swings from $100 all the way up to $3,000.Jun 2, 2017

How much does a virtual workshop cost?

Typically, a virtual workshop or meeting could cost from $20,000 to $40,000.Oct 23, 2020

How do you price a craft workshop?

Total The Cost: Add up the all costs (materials, hourly rate) and divide by the number of students ( we are using 10 students) $240 + $250 = $490 (this is with out a venue fee) divide $490 x 10 students to find your your cost per student = $49 per student.Jun 30, 2021

How do you price an art workshop?

Price = Value + Time So it's not just about your physical costs of delivering your hour-long or day-long workshop, but also about the value added to your clients. Learning a new technique, skill, or being tutored through creating a piece of art is valuable to many, so don't be afraid to charge based on value delivered.

How do I host a workshop?

How do you conduct a workshop?Consider your topic. ... Consider your audience. ... Consider the workshop size. ... Consider the time available. ... Vary activities. ... Vary the seriousness of the material. ... Plan a break. ... Participants need time to talk and connect with one another.More items...

How much does personal training cost?

The average personal trainer cost is $60 per hour. Your location, the length and number of sessions, and the type of session (group training or personal training) all affect personal trainer costs....Personal trainer cost:National average cost$60/hourLow-end cost$39/hourHigh-end cost$100/hour1 more row•Feb 28, 2021

How much do personal trainers usually charge?

Average Hourly Pay for Fitness Professionals According to a number of professionals currently working in the fitness field, the average cost of hiring a personal trainer varies from $30 to $125 per hour (or more).

How much do personal trainers charge UK?

In areas like London, personal trainers can charge up to £200 for a one-to-one session depending on experience, whereas outside the capital some can charge as little as £15 per hour. As a rule of thumb, the average amount a personal trainer in the UK will charge is around £30 an hour.Jun 15, 2018

What are the principles of freelance trainers?

There are two fundamental principles on which you will charge your clients: your financial requirement, and the value your clients get from your service . Based on the principle that training as an independent is your primary source of income, ...

How many days are fee earning?

There are 365 days in the year but a lot of them cannot be used for fee earning days. There are 104 days that are weekends (you do want to see your family) There are also about 15 days that are bank holidays; And of course you would like to have a couple of holidays a year. That leaves you with around 220 potential fee-earning days.

What happens if you fail to set your rates at a sustainable level?

If you fail to set your rates at a sustainable level then you run the risk of going broke. You will also risk being grouped with the jobbing and hobby trainers who undermine the perception that training is a serious business if not a profession.

Who is Peter Mayes?

Good luck. Peter Mayes is the founder and chief executive of TrainerBase, the association for learning practitioners, which helps trainers find business and business find trainers. For more information, go to www.trainerbase.co.uk. To read our spotlight on Peter Mayes click here.

Is profit a taboo subject?

Profit is often a taboo subject but must be considered explicitly within your deliberations. You should carry a profit margin for re-investment, the cost of continuing professional development, research into new markets and other speculatory activities that may or may not generate revenue.

Why do freelancers charge rush fees?

This is often referred to as a ‘rush’ fee and reflects the fact that you may have to work extra unsociable hours or juggle existing clients to accommodate a looming deadline.

What to do if you go for a fixed rate?

If you do go for a fixed rate, allow extra time to cover contingencies. Also, make sure that you have a caveat in your contract that the price will change if the client changes the scope of the training in any way.

Why is the marketplace bigger?

In other words, the marketplace is bigger. It may be easier to visit your clients or to connect with other suppliers locally so that you can include more services in your training packages.

Do learners want on demand?

The general consensus of the survey is that “not only do learners want on-demand, self-paced content at the point of need. But companies and management also want the benefit of on-demand learning, meaning employees are able to undertake personal development at a point that is also beneficial for the company”.

Is training rate higher in cities?

Training rates in cities tend to be higher than in less populated areas; for example, a corporate trainer in London will typically be able to charge more than one outside of the Capital, based on their location alone.

Guides to setting your training rates

Over the past few years, I’ve written some in-depth guides to help you price your training services and I thought it would be worth flagging them up again in case you missed them. You might want to check out the following articles:

Thinking beyond your last salary

Some trainers begin with their last salary when they’re starting out. They divide their annual salary by 12 to work out their monthly pay, then divide it by 20 working days (four weeks of five workdays per month) and then by eight hours a day to get their approximate hourly rate.

What factors affect the price of career coaching?

Another criterion that will affect the price of career coaching: the coach's experience, expertise and coaching tools used to help clients and enable them to achieve their goals. A coach's training courses and diplomas will be a significant factor to find their first clients.

How long does a coaching session last?

A skill set assessment can also be done with the coach. Often, the coaching program takes place through a few weeks, lasting between 2 and 6 months , and can take on many themes: Leadership management coaching,

What is professional coaching?

In other words, professional coaching involves a high level of expertise and experience, but the skills needed to strive for professional success are often paid at a high price. Usually, the price depends on the type of coaching required: individual coaching, executive coaching, inter-company coaching, group change coaching, etc.

What languages can you learn on Superprof?

There are thousands of tutors register on Superprof offering to teach you everything and anything, from languages such as Fench, German, Italian or Hindi to science subjects including maths, physics, biology or chemistry.

What does turnover add to?

You should know that your turnover will add up to your income, taxes and fixed costs such as renting an office, telephone subscription, attending training, accounting, petrol, tolls, etc.). A professional coach will then have to lay the foundations for the first estimate of their fees, according to the "market price".

What is exploratory session?

An exploratory session: analysis of the needs and identification of the objectives to be achieved, Tripartite meeting: company, employee and coach identifying together the resources to required to achieve the set goals, Training and coaching program: individual sessions, on the phone sessions,

What is an off the shelf course?

Off-the-shelf e-learning courses are those that are designed independently of a client and sold to a wide range of customers with little or no alteration. The e-learning course will be relatively generic in nature but will cover the key concepts of the learning topic in a way that provides in-depth content that everyone would benefit from understanding or being made aware of.

Why is more content important in a course?

Firstly, more content means more scripting by an instructional designer. They will have to collate all the learning information required and put this into a coherent structure for an e-learning course, making something that engages the learner and makes the e-learning interactive. All this writing takes time and that time costs money.

What does e-learning mean?

E-Learning can mean a lot of different things and although there are some standard elements that e-learning contains, there has become a variety of design approaches and multimedia methods to present content and each of these can affect the cost of developing an e-learning course. Some of these methods are…

Why is content important in e-learning?

Firstly, more content means more scripting by an instructional designer. They will have to collate all the learning information required and put this into a coherent structure for an e-learning course , making something that engages the learner and makes the e-learning interactive.

Know Who You are and Who your Attendee is

1.

1. Pricing example from one of Mari's In Person Workshops

As a support, I will break down my formula using my "From Fairy Tales to Facelifts: Learning to Love the Image in the Mirror" in office workshop that I host and facilitate twice a year for women who are healing heartbreak due to divorce, infidelity or betrayal.

2. Hosted Workshops or Events

I won't get into sponsorship or affiliate relationships in this blog as that is a whole other ball of cookie dough usually implemented with conferences. However, it is important to outline pricing for hosted workshops. For example, I have a couple's communication workshop that I do for 3 hours on a Saturday morning twice a year at a local church.

Webinars: Less Monetary Investment

Using my How to Create a Multiple Income Streams webinar for therapists, I will break this calculation down as a comparison to the other formulas above:

What is the basic rule of business?

The basic rule of business is: what comes in must be more than what goes out. You can charge as much as the customers are willing to pay. And the willingness to pay is related to how they value you as an expert. If you are a nobody, you will be a huge liability for their credibility.

How many hours is mechanical time?

Do note, the 28 hours is the mechanical time. Your expertise and value add must be covered in your price / hour.

Do practitioners pay a lot?

They will not be willing to pay a lot, if anything. If you are a known practitioner, you have good references, people recommend you and your work can be seen or read or listened to over the internet – well that significantly lowers the customer risk and they are more likely to pay what you ask for.

Can you sell a Ferrari for Volkswagen?

There’s no need for you to sell your Ferrari services for the price of a Volkswagen service. If someone cannot afford to pay, then they need to settle for someone else’s services. Same goes vice versa. And finally: If the customer budget is less than your price, do not give a discount.

How to start a private workshop?

1. Start with your motivation. It’s tempting to start with what you’re doing and the price but resist that temptation. There are many reasons you might want to offer a private workshop. Get clarity by asking yourself why you want do this training.

Why do you use an hourly rate?

Using your hourly rate will often lead you to price your course too low. Using your hourly (or daily) rate focuses on the fee rather than the value. Before giving a price, asking you a few questions can help you understand the real value of your work to the client.

Do technical trainers charge more?

Technical trainers can often charge a higher premium than someone who offers training in other areas like say marketing or even leadership. Take into account the local area. If you live in a big, expensive city, the prices are going to be higher than if you live in a small town or suburban area.

Can you have more than one goal?

You can have more than one goal but be careful — having too many goals can make pricing your course much harder as they compete with each other. 2. Understand the value from your client’s perspective. Here’s a common mistake: using your hourly rate for pricing.